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Amagi IPO Sees Muted Interest, Issue Subscribed 5% So Far

SUMMARY The public issue was subscribed 5% till 14:03 IST, with investors placing bids for 13.26 Lakh shares against 2.73 Cr shares on offer The muted interest for the IPO on the opening day was in line with the mixed feedback received from brokerage firms like SBI Securities rating the company’s float ‘Neutral’ The grey […]

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Amagi IPO Sees Muted Interest, Issue Subscribed 5% So Far

SUMMARY

The public issue was subscribed 5% till 14:03 IST, with investors placing bids for 13.26 Lakh shares against 2.73 Cr shares on offer

The muted interest for the IPO on the opening day was in line with the mixed feedback received from brokerage firms like SBI Securities rating the company’s float ‘Neutral’

The grey market premium for the company indicates a listing above the issue price

Media SaaS company Amagi’s IPO opened to a muted investor interest today. The public…

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