SS Retail IPO Day 3: Subscription surpasses 6 times; GMP hints at 19% listing premium; check key details inside
A ipo & listings development with market-wide reach.
· Economic Times Markets, NDTV Profit
The IPO, a book-built issue worth Rs 500 crore, comprises a fresh issue of 85.08 lakh shares aggregating to Rs 360 crore and an offer for sale (OFS) of 33.02 lakh shares worth Rs 140 crore.
The analysis
Listing activity is a read on risk appetite — a hot primary market usually means a confident secondary one.
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