Crizac IPO GMP rises to 13%; issue subscribed 9x so far on day 3

Crizac IPO: The issue received bids for 23.85 crore shares, in comparison to the 2.58 crore shares on offer. The non-institutional investors (NIIs) led the demand with 27.30x subscription, followed by retail investors at 5.18x. The QIB portion was booked 2.77x.

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