Aegeus Technologies has finalised share allotment for its initial public offering, concluding a three-day subscription period that drew robust interest from retail investors.
The company's retail segment was subscribed 25.59 times, indicating significant demand from individual shareholders ahead of the listing.
The allotment process was completed on Friday, 7 August, following the close of the book-building phase.
According to market data from Investorgain, the grey market premium (GMP) for the issue stood at ₹12 per share ahead of the finalisation, suggesting modest upside potential for subscribers relative to the issue price.
Aegeus Technologies is set to list on the National Stock Exchange's SME platform, joining a wave of Indian firms accessing public capital markets through the smaller enterprise route.
The strong subscription reflects continued appetite for tech-focused IPOs in India, even as broader market conditions fluctuate.