Bonfiglioli Transmissions IPO Day 3: GMP at 22%, issue subscribed 99%; Should you apply?
viaeconomictimes.indiatimes.com19 Oct
Bonfiglioli Transmissions’ Rs 2,534-crore IPO entered its final day of bidding on October 19, with the grey market premium (GMP) easing to 22% from 30% earlier, indicating moderating expectations for listing gains. The IPO is entirely an offer for sale (OFS) of 4.32 crore shares, meaning the…
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