SiS IPO GMP Slides to Rs. 60, Cochin Shipyard GMP at Rs. 160 – The greymarket price of SiS IPO falls to Rs. 60 as on 02nd August 2017. The SiS IPO greymarket price was around Rs. 100 but after two days of subscription, it went down to Rs. 60. This can be because people have a bigger interest in Cochin Shipyard issue. The IPO of Cochin Shipyard is also open for the subscription now. The grey market price of Cochin Shipyard IPO actually went up in the last couple of days. The current GMP of Cochin Shipyard is in range of Rs. 160 to 165. The IPO of SiS will close for subscription today (02nd August 2017). The Cochin Shipyard IPO will close on 03rd August 2017. If you want to check the greymarket price of these IPOs then you can look at the main page of our website. greymarket.co.in. We will try to give you all the latest information about the IPOs. We try to keep our readers updated with the secondary market activities. At the same time, we also give you detailed information about the ongoing IPOs.
SiS IPO GMP Slides to Rs. 60
If you look at the subscription figures of SiS on 01st August 2017, The IPO was oversubscribed 1.93 times. Yesterday was the second day of bidding. Qualified institutional buyers (QIBs) portion was oversubscribed 1.12 times, noninstitutional investors 9 percent and retail investors section oversubscribed 7.14 times.
Cochin Shipyard IPO Subscription Figures
Cochin Shipyard is getting a good response from the investors especially retail investors. On the first day of subscription, The qualified institutional buyers (QIBs) portion was subscribed 72% and non-institutional investors 22%. Retail investors category was oversubscribed 1.57 times.
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