As per the Red Herring Prospectus (RHP), the company's listed peers are Macpower CNC Machines Ltd (with a P/E of 89.06), and Jyoti CNC Automation ... Machineries IPO GMP is +140.

Jyoti CNC Automation has been the standout performer ... Also Read: Unimech Aerospace IPO. Check GMP, review, other details Big IPOs often create massive hype in the market through extensive ...