Abril Paper Tech IPO, Aug. 29 -- The initial public offering (IPO) of Abril Paper Tech kicked off for subscription in the BSE SME segment today, August 29. The public offer will close for bidding on September 2.

The issue was off to a decent start, crossing the halfway mark in less than 3 hours of opening.

Abril Paper Tech IPO was subscribed 73% so far on the first day of the bidding process as of 1.10 pm. The issue received bids for 15.20 lakh shares as against 20.88 lakh shares on offer.

The retail portion of Abril Paper Tech IPO was subscribed 66% and the non-institutional investor (NII) portion was booked 69%.

Abril Paper Tech IPO GMP (grey market premium) today is Rs.5.5 per share. This means that Abril Paper Tech IPO shares are ...