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The initial public offering (IPO) of Jaro Institute, which opened on Tuesday, September 23, was subscribed 0.87 times on the first day.

The IPO was fully subscribed on Wednesday. The mainboard issue was booked 1.36 times as of 1:03 p.m. on September 24.

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 2 subscription status of Jaro Institute of Technology Management and Research Limited are in focus today. Here’s a look at what the latest trends indicate for the IPO.

Jaro Institute IPO GMP

The GMP for the Jaro Institute of Technology Management and Research IPO stoo

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