Indobell Insulation’s IPO, worth ₹10.14 crore, was fully subscribed on its first day. The offering is priced at ₹46 per share, with a minimum investment of ₹1,38,000. The allotment date is January 9,

The Grey Market Premium (GMP) for the Delta Autocorp IPO stood at Rs 110 as of 8:30 a.m. on Jan. 7, as per InvestorGain.

The SME IPO of Avax Apparels And Ornaments, offering 2.74 lakh shares at Rs 70 each, opens today and closes on January 9. With a target to raise Rs 2 crore, the company operates in wholesale trading and online retail.

The IPO is a book-built issue worth Rs 54.60 crore, comprising a fresh issue of 38.88 lakh shares amounting to Rs 50.54 crore and an offer for sale (OFS) of 3.12 lakh shares, aggregating to Rs 4.06 crore.

The ₹1,250 crore issue includes a fresh equity offering of up to ₹210 crore and an offer for sale of up to 1.42 crore shares, with bidding open until January 8. Ahead of the opening, the company raised ₹123 crore from anchor investors.

Unlisted shares of Standard Glass Lining Ltd continue to trade at Rs 237 apiece in the grey market, which is a 69.29 per cent premium over the upper IPO price of Rs 140. It indicates a robust listing gain for investors on January 13.

IPO News, Indobell Insulation IPO opens today & Standard Glass Lining Technology IPO GMP Day 1 Live Updates: Follow the latest updates on the Standard Glass Lining Technology IPO and Indobell Insulation IPO as they open for subscription today.