Amagi IPO Sees Muted Interest, Issue Subscribed 5% So Far

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SUMMARY

The public issue was subscribed 5% till 14:03 IST, with investors placing bids for 13.26 Lakh shares against 2.73 Cr shares on offer

The muted interest for the IPO on the opening day was in line with the mixed feedback received from brokerage firms like SBI Securities rating the company’s float ‘Neutral’

The grey market premium for the company indicates a listing above the issue price

Media SaaS company Amagi’s IPO opened to a muted investor interest today. The public…



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Amagi IPO Sees Muted Interest, Issue Subscribed 5% So Far


SUMMARY

The public issue was subscribed 5% till 14:03 IST, with investors placing bids for 13.26 Lakh shares against 2.73 Cr shares on offer

The muted interest for the IPO on the opening day was in line with the mixed feedback received from brokerage firms like SBI Securities rating the company’s float ‘Neutral’

The grey market premium for the company indicates a listing above the issue price

Media SaaS company Amagi’s IPO opened to a muted investor interest today. The public…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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