Prostarm Info Systems’ Rs 168 crore IPO allotment is expected to be finalized today, following a 97x oversubscription. Shares are likely to be credited by June 2, with a June 3 listing on BSE and NSE anticipated. The grey market premium suggests a potential 19.05% gain upon listing, reflecting moderate market optimism.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets