IPO's First Day
The Anondita Medicare IPO experienced a fantastic start. It garnered bids for an impressive 5.28 million equity shares, significantly exceeding the initial
issue size of 3.44 million shares. This reflects a strong investor appetite, a true sign of success and market trust.
Demand Surges High
The robust demand for the IPO suggests significant interest from investors. The quick booking of the shares indicates a positive sentiment towards Anondita Medicare. This impressive start could set a positive tone for the company's future endeavors in the Indian market.
GMP's Positive Outlook
The Grey Market Premium, a key indicator of market sentiment, stood at a remarkable 45% for the Anondita Medicare IPO. This premium reflects the high expectations and enthusiasm among investors regarding the company's potential performance post-listing.