By Mohammad Haris,News18

Copyright news18

IPOs Today: The primary market is seeing a busy street today, since as many as nine mainboard IPOs are witnessing bidding today, September 25. Three of them — Jain Resources Recycling, Epack Prefab Technologies, and BMW Ventures — are witnessing second day of bidding. Four IPOs — Solarworld Energy, Jaro Institute of Technology Management & Research, Seshaasai Technologies, and Anand Rathi Share — are witnessing final day of bidding and will be closed at 5 pm today. Two IPOs — Jinkushal Industries and TruAlt Bioenergy — opened bidding today.
Subscription Status & GMP Of Nine Mainboard IPOs (As of 10:50 am today):

Subscription Status

Jain Resources Recycling (Day 2)

Epack Prefab Technologies (Day 2)

BMW Ventures (Day 2)

Solarworld Energy (Day 3)

Jaro Institute (Day 3)

Seshaasai Technologies (Day 3)

Anand Rathi Share (Day 3)

Jinkushal Industries (Day 1)

TruAlt Bioenergy (Day 1)

Three IPOs are in their second day of bidding. Jain Resources Recycling has been subscribed 0.82 times, with a grey market premium (GMP) of 8.62%. Epack Prefab Technologies has seen a subscription of 0.38x and a GMP of 8.33%. BMW Ventures is at 0.14x subscription, while its GMP stands at 6.06%.

Four IPOs have moved into their third day. Solarworld Energy is leading with a 6.08x subscription and a GMP of 15.10%. Jaro Institute of Technology Management & Research has drawn 2.84x bids, with a GMP of 14.04%. Seshaasai Technologies is at 4.26x subscription, supported by a GMP of 13%. Anand Rathi Share has seen 1.61x subscription so far, with a GMP of 8.94%.
Newly Opened IPOs
Two fresh issues began their bidding today. Jinkushal Industries has seen decent interest on its debut day, with 0.44x subscription and a GMP of 17.36%. TruAlt Bioenergy, meanwhile, is off to a slower start with 0.04x subscription, though its GMP is holding at 16.13%.
Apart from these, 16 SMEs IPOs are also open for bidding on Thursday.