Jyoti CNC GMP falls sharply on last day despite strong response for IPO

The Jyoti CNC Automation’s shares are trading with a premium of Rs 45, down from 75 the previous day. The IPO was priced in the range of Rs 315-331 apiece. In the public offer, the retail portion was booked nearly 21 times, followed by NIIs at 19.31 times.

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