The Clay Craft initial public offering (IPO) is heading into its third and final day of bidding. Investors looking to secure an allotment must complete their applications before the market closes today, as the book-building window officially shuts.
The company has established a price range between ₹193 and ₹203 per share. With a minimum lot size of 600 shares, the entry cost for retail participants is set to reflect the firm's goal of raising approximately ₹110.11 crore.
This issuance is structured entirely as a fresh offering of 54.24 lakh equity shares. Market participants have been closely monitoring the grey market premium (GMP) alongside the overall subscription data to gauge demand for this SME-segment listing.
Once the bidding concludes today, the focus will shift to the allotment process and the subsequent listing of shares on the exchange. Investors are advised to review the final subscription numbers closely before the deadline.
