Suraksha Diagnostics IPO day 3: GMP, subscription status to review. Apply or not?
3 months, 4 weeks ago

Suraksha Diagnostics IPO day 3: GMP, subscription status to review. Apply or not?

Live Mint  

Suraksha Diagnostics IPO: The initial public offering of Suraksha Diagnostics Limited hit the Indian primary market on Friday last week. According to Suraksha Diagnostics IPO subscription status, the public issue has been subscribed to 25 per cent. Suraksha Diagnostics IPO subscription status By 3:00 PM on day 3 of bidding, the public issue had been subscribed 1:00 times, the retail portion 0.76 times, and the NII segment 0.87 times. Suraksha Diagnostics IPO review On whether one should apply for the public issue or not, Arun Kejriwal, Founder of Kejriwal Research and Investment Services, said, “The public issue is looking expensive at current valuation. So, I suggest investors follow the same and wait for Suraksha Diagnostics IPO listing and take any investment decision post-listing of the company shares.” Shivani Nyati, Head of Wealth at Swastika Investmart, assigned the public issue an 'avoid' tag and said, "The company's financial performance is not so encouraging.

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