ESDS Software Solution IPO Day 3: GMP indicates 74% premium; issue subscribed 18.34x. Should you bid?
· economictimes.indiatimes.com
ESDS Software Solutions IPO entered its final bidding day on September 1, with the issue subscribed 18.34 times by Day 2. Retail investors subscribed 14.61 times, while the IPOs grey market premium stood at around 74%, signalling expectations of a strong listing. The Rs 720-crore issue, priced at Rs 408–429 per share, comprises entirely a fresh issue of 1.68 crore shares.
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Retail Individual Investors (RIIs): The retail portion was su...