Grey Market News
TechEra Engineering IPO allotment finalised: Latest GMP, how to check status online
TechEra Engineering IPO, valued at ₹35.9 crore, saw strong demand, garnering 69.80 times subscription. The listing of this SME IPO is anticipated on October 3 following allotment on October 1.
3 min read30 Sep 2024BikeWo GreenTech IPO allotment finalised today: Check status, latest GMP
BikeWo GreenTech’s IPO was allotted following solid demand, with the issue subscribed 41.82 times. The SME IPO, valued at ₹24.09 crore, closed on September 24, and shares will be credited to investors’ accounts on September 26. The listing is scheduled for September 27.
3 min read25 Sep 2024Rappid Valves SME IPO closes today: Check subscription, GMP and other details
Rappid Valves (India) launched its SME IPO with a price band of ₹210-222 per share, aiming to raise ₹30.41 crore. The IPO saw 7.40 times subscription on its second day, with retail investors leading.
3 min read25 Sep 2024Deccan Transcon Leasing IPO allotment finalised: Latest GMP and how to check status
Deccan Transcon Leasing’s IPO, valued at ₹65.06 crore, closed with 102.60 times subscription. Allotment status can be checked online, with shares credited to accounts on September 23. The company specializes in tank container leasing and reported a revenue decline but a profit increase for FY24.
3 min read20 Sep 2024Kalana Ispat SME IPO Day 3: Check subscription status, GMP and other details
Kalana Ispat’s IPO has a grey market premium of ₹20 per share, indicating a listing price of ₹86. The offering aims to raise ₹32.59 crore and has seen strong demand.
3 min read23 Sep 2024Popular Foundations IPO ends today: Latest GMP, subscription status and other key details of SME IPO
Popular Foundations IPO is a fixed price issue of ₹19.87 crore which comprises only a fresh issue of 53.7 lakh shares with no offer for sale component.
2 min read19 Sep 2024Tolins Tyres IPO shares to debut on Monday. What GMP signals ahead of listing
Considering the IPO price band’s upper end and the grey market’s current premium, the estimated listing price of Tolins Tyres was indicated at ₹256 apiece, a 13.2 per cent higher than the IPO price of ₹226. The grey market premium reflects investors’ willingness to pay more than the issue price.
2 min read13 Sep 2024Western Carriers IPO opens tomorrow: 10 key points you need to be aware of before you subscribe to ₹493 crore issue
The company is one of India’s largest private, multimodal, rail-focused, 4PL asset-light logistics firm in terms of container volumes handled/operated by private players in Fiscal 2023.
6 min read12 Sep 2024Shree Tirupati Balajee Agro Trading IPO: GMP signals stellar listing on Thursday
Shree Tirupati Balajee Agro is set to list its shares on September 12, 2024, with the grey market signaling a stellar listing. The IPO attracted substantial interest, with a subscription rate of 124.74 times, showcasing strong demand from both retail and institutional investors.
2 min read11 Sep 2024Tolins Tyres IPO ends today: Check subscription status, GMP and other details
Tolins Tyres has opened its IPO to raise ₹230 crore, with shares priced between ₹215 and ₹226. Funds will enhance working capital and pay debt. The grey market premium indicates strong demand, with an expected listing price of ₹265.
3 min read11 Sep 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared