Graphisads Limited IPO day 2: Issue subscribed 1.02 times

The overall subscription stands at 1.02 times, with a total of 48,52,800 shares bid for out of the 45,69,600 shares offered.

The subscription will conclude for bidding on December 5, 2023.

Graphisads Limited IPO subscription status: Graphisads IPO was fully subscribed on the second day of bidding, ending the trade with 1.02 times subscription.

The subscription, which started on November 30, will remain open for four days and will conclude for bidding on December 5, 2023. Shares of the company will be listed on the SME platform of the National Stock Exchange (NSE).

The overall subscription stands at 1.02 times, with a total of 48,52,800 shares bid for out of the 45,69,600 shares offered.

Graphisads Limited IPO: Price Band and Lot Size

The company has a fixed price of Rs 111 per equity share with a face value of Rs 10.

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Investors can bid for a minimum of 1200 shares and in multiples thereof.

Graphisads Limited IPO: Allotment

The Initial Public offer or IPO is entirely a fresh Issue of 48,12,000 Equity Shares (Including Market Maker portion of 2,42,400 Equity Shares).

According to the details available, the allotment is likely to be finalised on December 8. The status can be checked on the official website of the registrar - Kfin Technologies Limited.

Graphisads Limited, which is in the integrated marketing, advertising, and communications domain. The company's clientele includes government bodies of almost all the states of India, private corporations, and public sector enterprises. Among the prominent clients are likes of LIC, NTPC, Air India, NSDC, Adani Enterprises, Tata Group, Delhi Government, Airtel, VIVO, Maruti Suzuki, NHPC etc.

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