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OnEMI IPO Day 3 GMP slips below 1% as retail demand stays weak
Business
Published on 5 May 2026
Grey market mood turns cautious with weak retail uptake
OnEMI Technology Solutions’ Rs 926 crore IPO is seeing only moderate interest. By Day 2, overall subscription stands at about 60%, led mainly by institutional investors, while retail participation remains comparatively low. With the grey market premium staying under 1%, signals point to cautious sentiment and a softer near-term trading outlook.
- Overall IPO subscription is around 60% by Day 2
- Institutional investors are driving most of the interest
- Retail participation remains weak
- Grey market premium slips below 1%
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times