Ideaforge IPO: Ideaforge IPO: GMP soars nearly 80% as issue

Ideaforge IPO: Ideaforge IPO: GMP soars nearly 80% as issue gets fully subscribed. Here's what brokerages say

The NII part was subscribed 1.89 times so far, while there were no bids from qualified institutional buyers. According to market sources, the company's shares are commanding a premium of Rs 525-530 in the unlisted market, indicating big listing gains for investors if the trends sustain.

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