Emcure Pharma IPO: Bidding Opens, Here's What Investors Should Know
Bidding Details
Emcure Pharma's initial public offering (IPO) has opened for subscription on July 3, 2024, and will close on July 5, 2024. The price range for the IPO has been set at Rs 960-1008 per share.
Key Highlights
- Emcure Pharmaceuticals is a Mainline IPO, aiming to raise Rs 195,203 crore.
- The company has already raised Rs 582 crore from anchor investors.
- The grey market premium (GMP) for Emcure Pharma's IPO stands at Rs 345 as of July 4, 2024.
- Market observers believe that the unlisted shares of Emcure Pharma are trading Rs 330 higher in the grey market.
Investors can subscribe to the IPO through the usual channels, including brokerage firms, banks, and online platforms.
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