Mumbai:
Shares of three initial public offerings (IPO), Indo MIM Ltd, Lohia Corp Ltd, and Xtranet Technologies Ltd, will debut on bourses today. Ahead of the listing, let’s look at the grey market premiums for these IPOs and what they suggest about the listing. While the public issue of industrial machinery manufacturer Lohia Corp Ltd was subscribed 7.25 times on the closing day of bidding on Monday, the IPO of precision engineering components maker Indo-MIM Ltd got subscribed 72.34 times on the final day. The IPO of Xtranet Technologies Ltd received 12.24 times subscription on the closing day.
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