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The initial public offering (IPO) of Ganesh Consumer Products that opened for subscription on Monday, September 22, will close on Wednesday, September 24. The mainboard issue has so far received a muted response from the investors, with an overall subscription of 0.41 times on Tuesday.
The unlisted shares have been trading at a premium in the grey market (GMP), indicating positive listing gains for investors.
Amid the ongoing subscription, the GMP as well as the Day 3 subscription status of the Ganesh Consumer is in focus today. Here’s a look at what the latest trends indicate for the IPO.
Ganesh Consumer IPO GMP
According to InvestorGain, the GMP for Ganesh Consumer Products IPO stood at Rs 9