The Rs 22.98-crore Antala Industries IPO received bids for 4.25 crore shares against 34.82 lakh shares on offer, according to exchange data. The issue was open for subscription from October 29 to November 5.
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The grey market premium (GMP) of Antala Industries IPO stood at Rs 0 on the morning of November 9, according to IPOWatch. This indicates that the shares were trading at par with their upper issue price of Rs 66 in the unofficial market.
Based on the latest GMP, the estimated listing price of Antala Industries shares is Rs 66, indicating a flat market debut.
However, the grey market premium is an unofficial indicator and does not guarantee the actual listing price. It can change before the shares make their stock market debut.