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GMM Pfaudler exercises Greenshoe Option for OFS

The offer for sale (OFS) of GMM Pfaudler was oversubscribed by non-retail investors on Tuesday, following which the promoter has decided to exercise the oversubscription option. The company after market hours on Tuesday announced that it will be... Read More

GMM Pfaudler OFS Analysis

GMM Pfaudler’s OFS is now open for retail investors. The floor price for the OFS is fixed at ₹3,500, a steep 25% discount to yesterday's close price of ₹4,717. We have prepared a short analysis of the OFS (Offer for Sale). GMM Pfaudler... Read More