Lohia Corp IPO subscribed 43% on Day 2 so far. Here’s what latest GMP trends indicate

Lohia Corp IPO GMP Day 2: Lohia Corp's initial public offering is experiencing decent investor interest on its second day. The Rs 1,101 crore maiden issue has been subscribed 43% so far. Retail investors are leading the subscription numbers, booking 80% of their reserved portion. Unlisted shares are trading with a muted grey market premium of 3-8.5%. The company manufactures machinery for technical textile production and reported strong financial growth.

from Economic Times https://ift.tt/aA2cPme