Ghorahi IPO time extended even though it’s fully subscribed, WHY?

Ghorahi IPO is fully subscribed 1.4 times as of yesterday(today is closing).. but it has been extended for 14 days, why?? Something fishy??

My hunch that promoters applied for large quantity seems to be true.. around 2.8 lakh people have applied till now, they want 6.9 lakh people to apply 10 kitta so that promoter don’t have to buy those shares.

View Reddit by kornholicView Source

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