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Inventurus Share Price, GMP, Allotment Status Live: The company is all set to hit the D-Street on December 19. The allotment of shares was finalised on December 17. It was subscribed to a total of 52.68 times. The retailers booked the issue 14.55 times. The QIBs dominated the subscription with 80.64 times bidding.
IKS raised Rs 2,497.92 crore by selling 1.88 crore shares of promoters and other selling shareholders. The IPO bidding was started on December 12 and ended on December 16. ICICI Securities, Jefferies India, JM Financial, J.P. Morgan India, and Nomura Financial Advisor and Securities (India) worked as the book-running lead managers of the IPO. Catch all the live updates on the listing of IKS IPO on our live blog.
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The company was fetching a premium of 31.68% in the grey market. This indicates a listing at a price of around Rs 1750. The grey market is an unofficial place to trade shares ahead of listing. Market participants keep an eye on GMP to track listing gains.
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