6 IPOs Conclude This Week: How Are They Going To Fare On Listing Day? Check GMP, Subscription Status; GMP of Tata Technologies IPO is the highest at 81.6 per cent, followed by Gandhar Oil Refinery' (44.38 per cent), Rocking Deals Circular (42.86 per cent), IREDA (31.25 per cent), Flair Writing IPO (27.63 per cent), and Fedbank Financial Services (zero)
The IPOs of Gandhar Oil Refinery and Flair Writing Industries have been oversubscribed on the back of favourable analyst commentary. However, Fedbank Financial Services IPO has been subscribed 57% so far on the second day of the bidding process.
Fedbank Financial is one among five private bank-promoted NBFCs in India. It focuses on catering to the MSMEs and the emerging self-employed individuals sector.
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