Kolkata: There is no let up of new issues in September which has already set a high water mark for IPOs in a single month in this century. As many as three new issues — Fabtech Technologies IPO, Om Freight Forwarders IPO and Glottis IPO — are throwing open their bidding process today, September 29. Together they intend to mobilise Rs 659.66 crore.
All three IPOs are displaying a positive GMP (Grey Market premium) on the morning of September 29, the first day of bidding. According to investorgain, Fabtech Technologies IPO GMP stands at Rs 20, which signals a listing gain of 10.47%. Om Freight Forwarders IPO GMP was Rs 11 this morning. It indicates a probable listing gain of 8.15%. Glottis IPO GMP stood at Rs 12, which indicates a listing gain of 9.30%.
Fabtech Technologies IPO price, l