Nanta Tech IPO day 1, Dec. 23 -- The initial public offering (IPO) of audiovisual (AV) integration solutions provider company Nanta Tech opened for public subscription on Tuesday, December 23. The BSE SME IPO is witnessing weak buying interest on the first day of subscription. Meanwhile, grey market sources indicate the stock could list at a nominal premium on the BSE SME platform.

Meanwhile, the company on December 22 said it allotted 3.60 lakh shares to anchor investors at a price of Rs.220 per share. Thus, the company raised Rs.7.92 crore from anchor investors ahead of the opening of the IPO for public subscription.

According to grey market sources, the GMP of Nanta Tech shares was Rs.12 on Tuesday morning. This indicates the stock c...