Yash Optics and Lens IPO Opens for Subscription

Yash Optics and Lens IPO Opens for Subscription/Pixabay

VoM News Desk | March 27, 2024 | 01:29 PM IST | Breaking News | Follow on Google News

Yash Optics and Lens IPO Opens for Subscription

Yash Optics and Lens IPO Opens for Subscription

The initial public offering (IPO) of Yash Optics & Lens Ltd, the optical products manufacturer, opened for public subscription today, March 27. The bidding for Yash Opticks IPO will close on April 3.

Yash Optics IPO is an SME IPO that opened on March 27 and will conclude on April 3. The IPO allotment is expected to be finalized on April 4, 2024. Yash Optics & Lens shares will list on NSE SME with a tentative listing date fixed on April 8.

Subscription Status and GMP

Yash Optics & Lens IPO has been subscribed 0.09 times so far on Wednesday, the first day of the bidding process. The public issue has received bids for 4.12 lakh equity shares as against 45.28 lakh shares offered, according to the data available till 1:20 pm.

Yash Optics IPO GMP today, or grey market premium today, is ₹15 per share, indicating that the equity shares of Yash Optics & Lens are trading at a premium of 18.52% at ₹96 apiece in the grey market as against the IPO price of ₹81 per share.

VoM News Desk

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