Two new companies- Fabtech Technologies and Glottis- are set to make their Dalal Street debut on Tuesday, October 09 and both the companies are likely to deliver muted returns for the investors, if one goes by the latest grey market premium (GMP) signals for the issues. Both the issues were open for bidding between September 29 and October 01 and will be listed on both BSE and NSE. Advertisement

Glottis

Shares of Glottis are likely to list on a flat note, considering no grey market premium for the issue. However, the grey market premium stood around Rs 12-20 per share, when the issue was running for the bidding. The GMP for the issue was seen tumbling since the bidding kicked-off.

The IPO of Glottis was sold in the price band of Rs 120-129 per share with a lot size of 114 shares. The c

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