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Garuda Construction IPO Ends Today: Should You Bid Amid Flat GMP?
Garuda Construction IPO ends today with strong retail demand but flat GMP. Should you bid? Learn about the company's financials, allotment date, and subscription status.
Mumbai, October 10, 2024 – The three-day bidding window for the Garuda Construction IPO ends today, marking the final opportunity for investors to participate. Despite a decent subscription rate, the grey market premium (GMP) for Garuda Construction’s IPO has flattened, raising questions for potential bidders. As of today, the GMP stands at Rs 5, or 5.26% above the upper end of the price band of Rs 95 per share.
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