IPO: Subscription for Mcure Pharma's IPO ends today, how much has been subscribed so far?

IPO: Today is the last chance for investors to participate in Mcure Pharma's IPO, which has opened for subscription two days earlier. Demand for IPOs in the gray market continues to rise, which is a sign of the company's positive outlook. The MQur Pharma IPO is valued at Rs 1952.03 crore, making it a significant offering in the market. There are a few things you should know before making an investment decision. A good launch is expected from Emcure Pharma, which has started accepting applications from investors on July 3 (IPO). Allotment of shares to investors participating in the IPO will take place on July 8. It is to be noted that the price range for MQur Pharma's IPO has been fixed at Rs.960 to Rs.1008. According to a report by Investors Gain, the company's position in the gray market continues to improve. Currently, the company's IPO is trading at a premium of Rs 335 in the gray market. If this trend continues till listing, MQR Pharma's IPO could fetch Rs. 1300 and above can be introduced. Also Read: UPI: UPI in India is making waves globally, now you can pay at this location in Paris as well Day, but on the second day it showed amazing growth during the day and subscription increased by 5.01 times. Notably, the IPO successfully raised Rs 582.61 crore for anchor investors during its availability on July 2, 2024. Mcure Pharmaceuticals Limited is a multinational pharmaceutical company based in Pune, India, which offers a wide range of products including tablets, softgel capsules, hard-gel capsules and injectables. The company is known for manufacturing gynaecology, cardiology, oncology, blood disorders, HIV, anti-infectives, as well as vitamin and mineral medicines. Always keep one thing in mind. Before investing in the market, take expert advice and save your money without sinking. Also Read: Without onion-tomato, gravy disappears from vegetables, a plate of vegetarian food becomes expensive: IPO: MQur Pharma's IPO subscription ends today, how much has been subscribed so far