u/SavingsDry3460

762x Over Subscription on Goldline Pharmaceutical SME IPO

762x Over Subscription on Goldline Pharmaceutical SME IPO

Goldline Pharma SME IPO closed at 762.37x today. NIIs went absolutely berserk at 1222x, retail at 846x, QIBs at 173x.

As per IPOGuru, Total bids worth around Rs 1,500 crore against a tiny issue size. Allotment's basically a lottery now, especially for retail with 846x oversubscription.

Anyone here applied? Curious what GMP is looking like ahead of listing.

u/SavingsDry3460 — 9 days ago