GR Infra commands 55% grey market premium: Here’s how to check allotment status
NEW DELHI: GR Infraprojects, whose Rs 963 crore IPO was sold from July 7 to July 9, will finalise its basis of allotment on Wednesday, July 14.
The initial public offer was subscribed 102.6 times. Out of the total 81,23,594 shares on offer, investors bid for 83,33,04,538 shares. Assuming these bids came at the upper price band of Rs 837, investors bet a total of Rs 69,747 crore on the issue.
