FinanceMoneycontrol
Sotefin Bharat IPO remains undersubscribed on day 1 but GMP signals over 10% premium

in5points
Sotefin Bharat IPO remains undersubscribed on day 1 of bidding.
The grey market premium (GMP) signals over 10% premium over the issue price.
The public issue consists of 48 lakh shares with a price band of Rs 178-187 per share.