Supertech EV IPO, June 25 -- The initial public offering (IPO) of electric vehicles (EVs) manufacturer Supertech EV Limited opened for subscription on Wednesday, June 25. The SME IPO is entirely a fresh issue to raise nearly Rs. Rs.30 crore. Supertech EV IPO is witnessing decent subscription from retail and non-institutional buyers.

By 12:25 PM of the first day of subscription, the issue had been subscribed 0.51 times, with the retail portion booked 0.69 times and the segment reserved for non-institutional investors (NIIs) subscribed 0.39 times. The segment reserved for qualified institutional buyers had not seen any subscription thill then.

1. Supertech EV IPO GMP: According to market sources, the latest grey market premium (GMP) of Su...