Kolkata: The bidding process of Fabtech Technologies IPO and Glottis IPO is drawing to a close today, October 1. There is a flood in the IPO market on D Street and these two new issues are taking full advantage of it. While the GMP of don’t indicate much investor enthusiasm, the subscription levels offer a somewhat different picture. Let’s have a close look.

Glottis IPO is designed to raise Rs 307 crores through a combination of fresh issue of 1.24 crore shares amounting to Rs 160 crore while an Offer for Sale portion will of 1.14 crore shares will raise Rs 147.00 crore. Fabtech Technologies IPO intends to raise Rs 230.35 crore through a sale of entirely fresh issue of 1.21 crore shares.

Glottis IPO subscription status, Glottis IPO GMP

By September 30 evening, the second day of the bid

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