The IPO of Aeroflex Industries saw a robust response, driven by healthy demand across categories. The issue was subscribed 97 times overall at close. The qualified institutional buyer category was the most subscribed at 194.7 times, followed by the non-institutional investors portion with 126.10 times bids. The reservation shareholders portion was subscribed 28.51 times, whereas the retail part was subscribed 34.35 times.
Aeroflex Industries: The grey market premium has reduced from 70 percent to 60 percent, especially after closing the public issue, which may be due to volatility in the equity markets.