Moneyview IPO Day 3: Issue subscribed over 98 times on strong QIB demand. GMP at 38%

Reported by The Economic Times, not nibnow. We are not the publisher of this story, only the source is.

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WHAT HAPPENED

The Moneyview IPO ended with 98.46 times subscription, led by strong demand from QIBs and NIIs. The Rs 1,091.68 crore issue received bids for 2,290 crore shares against 23.25 crore shares on offer. Its grey-market premium stood at 37.5%, implying an estimated listing price of Rs 46.75.

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