Forge Auto International IPO Limited GMP, Subscription Status Today, SME IPO Forge Auto International : Forge Auto International Limited initial public offering opened on September 26 and will close for subscription on Monday.
Forge Auto International Limited IPO was subscribed 4.61 times on Day 1 and 11.27 times on Day 2. This public issue consists entirely of a fresh issue of 28.8 lakh shares, totalling Rs 31.1 crore.
Forge Auto International IPO Day 3 Subscription Status
If we talk about the subscription status of the Forge Auto International Limited IPO. This has been subscribed 15.04 times as of 10:43 a.m. on Monday
Qualified Institutions: 7.40 times
Non-institutional buyers: 8.34 times
Retail investors: 22.28 times
Forge Auto International IPO Limited GMP Today
Forge Auto International IPO GMP: According to Chittorgarh’s unit Investorgain, GMP of Forge Auto International Limited is Rs 25 as of 8:28 a.m. on September 30, implying an 23.15% gain over the IPO price.
According to the reports, estimated listing price based on the GMP is Rs 133 per share. Let us tell you that, GMP is not an official price quote for the stock and is based on speculation.