Atlanta Electrics IPO: issue has so far subscribed twice on day 2; GMP at 12%. Which analysts say?

So far, on the second day of his IPO, Atlanta Electrics saw a general subscription of 1.19 times at 12:45 pm, along with a strong gray market premium (GMP) of 12.6%or RS 95-100. Non-institutional investors drove enthusiasm and subscribed to the issue 2.66 times, followed by the retail investors, who have subscribed to the issue […]