Solvex Edibles IPO, Sept. 22 -- The initial public offering (IPO) of Solvex Edibles kicked off for bidding on Monday, September 22. The offer saw a slow demand on the first day amid a lack of demand in the grey market.

Investors, meanwhile, have till September 24 to apply for the SME IPO.

As of 12.55 pm on the first day of the book-building process, Solvex Edibles' IPO was booked 4%. The retail portion of the offer was subscribed 7% and the non-institutional segment was booked 0% so far.

The IPO received bids for 92,800 shares as against 24,89,600 shares on offer.

The grey market premium (GMP) for Solvex Edibles IPO was nil today. This means that shares of Solvex Edibles are trading at par with the issue price.

Considering the Solvex...