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Sambhv Steel Tubes IPO gets fully subscribed on Day 2; NII portion booked 3x: Should you apply?

Strong Market Demand & Grey Market Premium The Initial Public Offering (IPO) of Sambhv Steel Tubes Ltd a Raipur-based, integrated manufacturer of ERW steel pipes and structural tubes received exceptional response on Day 2 of bidding, with the Non-Institutional Investor (NII) portion oversubscribed by 1.7x Additionally, the shares are trading at a robust 11% grey… Continue reading Sambhv Steel Tubes IPO gets fully subscribed on Day 2; NII portion booked 3x: Should you apply?