Read on the application
Investors are currently spending a lot of money on IPOs (IPO News). Take, for example, the Aeroflex Industries IPO. The company’s IPO has been subscribed 97 times. 97 investors have claimed 1 share. Which can be considered as a good sign for the company. Let us tell you that Aeroflex Industries has raised Rs 351 crore through IPO.
This company got Vande Bharat work, double money in 8 months, cost less than 250 rupees
How many subscriptions in which section
The IPO was subscribed 190.47 times in the category of eligible institutional buyers. At the same time, this IPO was subscribed 34.55 times in the non-institutional category. Aeroflex Industries’ IPO in the retail category was oversubscribed 34.55 times. Let us tell you that 27 lakh applications have been received for this IPO. Which is highest in 2023.
What was the price band?
The IPO of Aeroflex Industries IPO was opened to investors on 22 August 2023. At the same time, this IPO was closed on 24 August 2023. For the IPO, the company has raised Rs. 102 to Rs. 108 price band was fixed. Let us tell you that the allotment of shares of the company is today i.e. 29 November 2023.
Money increased 2 times in 2 months, this stock is making money, bullish in upper circuit
What is GMP? (Aeroflex Industries IPO GMP Today)
The IPO of the company today i.e. Tuesday in the gray market is Rs. It was trading at a premium of 72. That means the listing of the company can be done around Rs.178. Which is 64 percent more than the IPO price. Let us tell you that the company will make its debut in the stock market on September 1, 2023.