Nityas Gems & Jewellery IPO Day 2: Check GMP, subscription status; should you subscribe?
60-Word AI Digest
The Rs 108.35-crore Nityas Gems & Jewellery IPO entered day 2 of bidding with a 20% overall subscription and a 7% grey market premium. Brokerage Anand Rathi assigned a Subscribe for Long Term rating, citing exposure to lab-grown diamond jewellery despite fully priced valuations.
Key Takeaways
- The Rs 108.35-crore Nityas Gems & Jewellery IPO entered day 2 of bidding with a 20% overall subscription and a 7% grey market premium.
- Brokerage Anand Rathi assigned a Subscribe for Long Term rating, citing exposure to lab-grown diamond jewellery despite fully priced valuations.
- Full details and original dispatch available below.
The Rs 108.35-crore Nityas Gems & Jewellery IPO entered day 2 of bidding with a 20% overall subscription and a 7% grey market premium. Brokerage Anand Rathi assigned a Subscribe for Long Term rating, citing exposure to lab-grown diamond jewellery despite fully priced valuations.
Original Publisher Attribution
This summary was curated from Economic Times.