Retail investors back for some ‘Dhoom’ on IPO boom also fire up grey market

For instance, the ₹500-crore IPO of DCX Systems, which was subscribed 69.79 times this week, is currently trading at a premium of nearly ₹80 per share over its issue price of ₹207. It means the public issue of the cable and wire harness assembly manufacturer is expecting to list around ₹287, which is nearly a 39% premium to the issue price. The retail segment of the cable and wire harness assembly manufacturer was subscribed 61.77 times.

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