Crizac IPO subscribed 16% on Day 1 so far. Check GMP, price band and other key details


The initial public offering (IPO) of Crizac Limited was subscribed 16% by 12:37 PM on the first day of bidding, Wednesday, July 2.The offer received bids for 41.25 lakh shares against the 2.58 crore … [+2424 chars] Show more...

Crizac Limited’s Rs 860-crore IPO was subscribed 16% by midday on the first day of bidding, led by retail investors. While NIIs showed moderate interest, QIBs were yet to bid. The IPO is seeing strong sentiment in the grey market, with a GMP of Rs 22–25, sugg…

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Navdeep Singh

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