The IPO of Tata Tech was booked 69.43 times, followed by 64.07 times by Gandhar Oil; the issues of IREDA, Flair, and Fedbank were subscribed 38.8 times, 46.8 times, and 2.2 times, respectively
Collectively, these five IPOs will raise ₹7,300 cr, one of the highest funds raised in a week this year
Ahead of the opening of the IPO, IREDA was commanding a GMP of ₹6, implying a listing price of about ₹38 against the issue price of ₹32.
The IPOs of Tata Technologies, IREDA, Fedbank Financial Services, Flair Writing, and Gandhar Oil Refineray will open for subscription this week.
