Glottis Ltd.'s IPO is a book-built issue of Rs 307 crore, comprising a fresh issue of 1.24 crore shares raising Rs 160 crore and an offer-for-sale of 1.14 crore shares. (Image source: Glottis/LinkedIn) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Glottis Ltd. which launched its initial public offering (IPO) on Monday, September 29, will close for subscription on October 1.

The IPO was fully subscribed on its final day of subscription. The mainboard issue has been subscribed 1.18 times.

Investors bid for 2,36,86,464 shares against the 2,01,23,929 on offer, according to BSE data on Wednesday.

After a subdued subscription, the grey market premium for the mainboard issue has also remained flat ahead of the subscription on day 3.

Here’s a look at the grey market premium

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