New Delhi, June 18 -- Influx Healthtech launched its initial public offering (IPO) for public subscription on June 18, with the issue scheduled to remain open until June 20. The health and wellness-focused company is looking to raise Rs.55.63 crore through this SME IPO. The price band for the offer has been fixed between Rs.91 and Rs.96 per equity share.

The company's shares in the grey market traded at Rs.40. This indicates an estimated listing price of Rs.136, a premium of 41.67 percent from IPO price of Rs.96.

It is important to understand that the grey market premium (GMP) merely reflects investor sentiment in the unofficial market and may fluctuate significantly. It should not be viewed as a guaranteed indicator of the stock's futu...