Astonea Labs’ IPO allotment is expected to be finalized today, with shares potentially credited to successful bidders by June 2 and listing on June 3. The IPO saw a subscription of 1.79 times, driven by NII interest, but QIB participation was weak. The grey market premium is currently zero, suggesting a listing around the issue price of Rs 135.
Silver Storm Parks & Resorts Limited Successfully Concludes IPO
Silver Storm Parks & Resorts Limited successfully concluded its initial public offering, raising ₹82.43 crore. The company’s Qualified Institutional Buyers category saw strong subscription interest.