Jindal Supreme IPO Day 1: Issue subscribed over 200% in early bids, GMP at 29%. Should you subscribe?

Jindal Supreme IPO opened on September 16 with the issue subscribed 2.10 times on Day 1. The Rs 124.88 crore issue has a price band of Rs 88–Rs 93, while the IPO’s grey market premium stands at around 29%.
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