The Economic Times

Technocraft Ventures IPO Day 2: GMP signals 11% premium, Issue subscribed 2.59x: Should you subscribe?

The Technocraft Ventures IPO entered its second day of bidding with 2.59 times subscription and an 11% grey market premium. Valued at Rs 251.88 crore, the issue offers shares in the Rs 200 to Rs 212 price band. Analysts have given it a Subscribe Long Term rating based on solid growth fundamentals.