Sri Priyanka Geo Commex IPO day 1: GMP, subscription status, price band, other details of NSE SME IPO in 10 key points (opens original article in a new tab)

Sri Priyanka Geo Commex IPO opened on 24 June with weak investor response, 0.01 times subscription, and no grey market premium, aiming to raise ₹94.51 crore for loan repayment and working capital.

• Sri Priyanka Geo Commex IPO opened on 24 June, aiming to raise ₹94.51 crore for loan repayment and working capital.
• The IPO saw 0.01 times subscription by 12:25 pm, with retail investors bidding 26,400 shares out of 29,35,200 offered.
• Grey market premium was nil, indicating potential listing at issue price, and the IPO closes on 29 June.