IPO Oversubscribed on Day 1, GMP Hits ₹88, Should You Apply Merritronix IPO?
Merritronix’s IPO got a very strong response on its first day. Approximately 15x investors apply for IPO, so the grey market premium jumped and hit ₹88. This showed that investors are confident about the company. The IPO was for a small and medium enterprise (SME) and the price band was between ₹141 and ₹149. Merritronix … Read more