Allotment for the Park Medi World IPO will be finalised today after the issue received strong interest from investors, despite its grey market premium (GMP) slipping to its lowest level so far. The IPO closed with an overall subscription of 8.52 times, showing steady demand across categories even as premium expectations cooled.
The retail portion was subscribed 3.32 times, while the qualified institutional buyers’ (QIB) segment subscribed 12.07 times.
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