Ashish Kacholia-backed Aeroflex Industries IPO to open Tuesday. What GMP signals ahead of subscription?

The IPO, with a face value of Rs 2 per equity, is priced in the range of Rs 102-108. The issue consists of a fresh equity of Rs 160 crore and an offer-for-sale (OFS) of up to 17.5 million shares by promoters selling shareholders

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