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Powerica IPO: Issue receives tepid response on Day 01, subscribed 0.01x; GMP signals flat listing

Powerica Limited’s IPO launched on March 23 saw minimal interest, with only 0.01 times subscription. The company aims to raise ₹1,100 crore at a price band of ₹375 to ₹395. The IPO consists of a fresh issue and an offer for sale.

Source :- mint – markets Read More

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