- Indo-MIM IPO boasts strong GMP, fully subscribed on Day 2.
- .Xtranet Technologies IPO fully subscribed, showing moderate GMP.
- Lohia Corp IPO has a subdued GMP and was partially subscribed on Day 2.
The initial public offerings (IPOs) of Indo-MIM Limited, Xtranet Technologies, and Lohia Corp Limited opened for public subscription on Thursday. Earlier, on the second day, the INDO-MIM IPO GMP soared, while the grey market premiums of Xtranet and Lohia Corp showed subdued potential for gains on the listing date.
These IPOs, spanning various sectors, may attract interest from both retail and institutional investors, offering an opportunity to diversify their portfolios.
Extranet Technologies
GMP: According to InvestorGain, the GMP of Extranet Technologies is Rs 8 (as of 11 PM), indicating a 6.3 per cent gain over the IPO price band.
Subscription Status: According to NSE data, the IPO was fully subscribed on Day 2. The overall subscription status till 11:12 AM was 1.43 times or 143 per cent.
The Extranet Technologies IPO opened on July 27. Earlier, the price band was announced at Rs 120-Rs 127. At the same time, the lot size of the IPO is 110 shares.
Indo-MIM IPO GMP and Subscription
GMP: According to InvestorGain, the GMP of Indo-MIM Ltd remained high at Rs 165, up 34 per cent from the upper limit of the IPO's price band.
Subscription Status: The IPO was fully subscribed on day 2. According to NSE data, the overall subscription for Indo-MIM IPO was 1.61 times or 161 per cent till 11:15 AM.
Indo-MIM's IPO opened for subscription on July 23, and the share sale will close on July 27. Earlier, the price band for the IPO was fixed at Rs 461-485 per share, while the lot size was fixed at 30 shares.
Lohia Corp
GMP: According to InvestorGain, the GMP of Lohia Corp in the morning was Rs 13, up merely 3 per cent above IPO price.
Subscription Status: Till 11:21 AM on the second day, the IPO was subscribed 0.44 times.
Lohia Corp's IPO opened for subscription today and will close on July 27th. The price band for the IPO was fixed at Rs 404-425, while the lot size is 35 shares.