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People are in shock over Maitreya Medicare’s IPO. The company’s IPO received more than 23 times bets on the first day. Maitreya Medicare IPO will be open for subscription till November 1. The company’s IPO price band is Rs 78-82. The company’s IPO is also getting a strong response in the gray market. Maitreya Medicare shares are trading at a premium of over 65 per cent in the gray market.
Shares can be listed above Rs 135
Maitreya Medicare IPO price band Rs. 78-82 are. At the same time, the company’s shares are trading at a premium of Rs 55 in the gray market. If the shares of Maitreya Medicare are Rs. If allocated at the upper price band of 82, the shares of the company will be Rs. 137 can be listed. That is, investors who invest money in a company’s IPO can get a profit of 67% on the first day. Maitreya Medicare’s total public issue size is Rs 14.89 crore.
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The IPO has been subscribed more than 23 times
Maitreya Medicare’s IPO has been subscribed a total of 23.30 times on the first day itself. The retail quota of the company’s IPO was subscribed 31.66 times. At the same time, non-institutional investors (NII) have subscribed 18.78 times the quota. The company’s IPO has been subscribed 11.55 times the quota by qualified institutional buyers (QIB). Retail investors can bid for 1 lot in Maitreya Medicare’s IPO. 1 lot of company’s IPO has 1600 shares. That means retail investors have to invest 131200 rupees.
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