The dim market premium (GMP) for Harsha Specialists Global Ltd, a producer of accuracy bearing enclosures,
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has declined almost 60% in front of the posting in the midst of unpredictable
nearby value markets. The stock will be recorded on Monday.
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A dealer, who didn't wish to be named, expressed that at the pinnacle, the Harsha Specialists GMP was citing at Rs 240 or 72 percent
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higher from its issue cost at the hour of shutting of the Initial public offering and afterward it went downhill. On Friday,
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it was citing at Rs 180 and on Saturday it fell again to Rs 150 an offer. It was in the Rs 135-140 territory on Sunday, he said.
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The Rs 755 crore issue was bought in almost multiple times. The issue comprises of a new issue of Rs 455 crore
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and a proposal available to be purchased of up to Rs 300 crore by investors and advertisers.
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