Deepa Jewellers’ IPO continued to attract investor attention on the second day of bidding. The issue was nearing 90% subscription, according to the latest available update.
The grey market premium was reported at around 25%, indicating positive unofficial sentiment towards the issue. However, investors should remember that GMP is unofficial and can change significantly before listing.
The Rs. 459.72-cr. IPO opened on September 1 and investors will now closely watch final-day subscription figures before the issue closes.
