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Aluwind Architectural IPO: SME issue subscribed 1 11 times on day 3; check subscription status, GMP and other details

The Aluwind Architectural IPO was subscribed over 1.11 times on the third day of bidding. The SME IPO received 73,32,000 share applications against offered 66,00,000 shares on April 2.

Upcoming IPOs: One new public issue and 10 listings scheduled for this week

The momentum of the IPO is expected to continue this year as well with bigger deals. Investors are eager to tap stock market ahead of general elections. Sentiment towards new-age companies has improved as well, said Arvinder Singh Nanda, Senior Vice President, of Master Capital Services Ltd

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