Srigee DLM IPO sees strong demand on Day 2; subscription 27x, GMP at 30%

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Srigee DLM IPO sees strong demand on Day 2; subscription 27x, GMP at 30% - Business Standard

Quick Summary:

Srigee DLM IPO subscription was led by Non-institutional investors (NIIs) who subscribed to the issue 40.54 times, followed by retail investors at 36.

Shares of Srigee DLM are scheduled to be listed on the BSE SME platform tentatively on Monday, May 12.Last day! Not so conducive?

Srigee DLM, incorporated in December 2005, offers end-to-end plastic manufacturing solutions, with a focus on design-driven production that optimises functionality and manufacturability.