New Delhi, Dec. 5 -- The initial public offering (IPO) of Methodhub Software opened for public subscription on Friday, December 5. The BSE SME IPO is a combination of a fresh issue of 45 lakh shares and an offer for sale (OFS) of 8 lakh shares. The SME IPO is witnessing decent buying interest, with the issue being fully subscribed on the very first day.
The grey market is also showing investor interest in Methodhub Software shares. The latest Methodhub Software GMP (grey market premium) indicates the stock could be listed at a premium of nearly 20%.
Meanwhile, on Thursday, December 4, the company raised Rs.29.2 crore from anchor investors as it allotted 15,03,600 shares to them at a price of Rs.194 per share.
By 2:15 PM on Friday, the ...
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