Last Updated:
The IPOs are Mamata Machinery, DAM Capital Advisors, Transrail Lighting, Sanathan Textiles, and Concord Enviro Systems.
DAM Capital Advisors IPO.
IPO Alert, GMP Today, Subscription Status: Five going publics (IPOs) is mosting likely to be shut at 5:00 pm today, on Monday, December 23. The IPOs are Mamata Machinery, DAM Capital Advisors, Transrail Lighting, Sanathan Textiles, andConcord Enviro Systems Know which one is the most effective public offering for providing gains according to the current GMP, and their most current membership condition on their last day of bidding process.
All the 5 IPOs were opened up for public membership on Thursday, December 19.
According to market onlookers, amongst these 5 going publics, the grey market costs (GMP) is the highest possible for Mamata Machinery at 107 percent, while that of Concord Enviro Systems is the most affordable at 7.13 percent. It shows that all the 5 IPOs are most likely to give favorable listing gains for financiers.
Going by the GMP information, the highest possible listing gain capacity remains in Mamata Machinery as its grey market costs presently stands at a tremendous 107 percent, complied with by DAM Capital Advisors (56.54 percent), Transrail Lighting (41.67 percent), Sanathan Textiles (12.77 percent), and Concord Enviro Systems (7.13 ).
On Friday, the GMP numbers had actually stood at 107 percent, 59.36 percent, 43.06 percent, 21.81 percent, and 9.99 percent, specifically.
Here’s a glimpse at the current membership condition and grey market costs (GMP), since 1:00 pm on December 23:
Mamata Machinery IPO
The Mamata Machinery IPO is a publication constructed concern of Rs 179.39 crore. It is totally a sell of 0.74 crore shares. Its cost band has actually been dealt with at Rs 230 to Rs 243 per share.
Till 1:00 pm on the last day of bidding process on Monday, the IPO got a solid 86.21 times membership. Its retail part has actually been subscribed by a tremendous 91.05 times, while the NII group has actually obtained 161.83 times membership. Its QIB group has actually been subscribed by 20.64 times.
DAM Capital Advisors IPO
The DAM Capital Advisors IPO is a publication constructed concern of Rs 840.25 crore. It is totally a sell of 2.97 crore shares. Its cost band has actually been dealt with at Rs 269 to Rs 283 per share.
Till 1:00 pm on the last day of bidding process on Monday, the IPO got a 19.27 times membership. Its retail part has actually been subscribed by 15.87 times, while the NII group has actually obtained 40.24 times membership. The QIB group obtained a 9.45 times membership.
Transrail Lighting IPO
The Transrail Lighting IPO is a publication constructed concern of Rs 838.91 crore. It includes a fresh concern of 0.93 crore shares accumulating to Rs 400.00 crore and a sell of 1.02 crore shares accumulating to Rs 438.91 crore.
Till 1:00 pm on the last day of bidding process on Monday, the IPO got a 20.39 times membership. Its retail part has actually been subscribed by 13.86 times, while the NII group has actually obtained 39.7 times membership. The QIB group obtained a 19.33 times membership.
Sanathan Textiles IPO
The Sanathan Textiles IPO is a publication constructed concern of Rs 550 crore. It consists of a fresh concern of 1.25 crore shares accumulating to Rs 400.00 crore and a sell of 0.47 crore shares accumulating to Rs 150.00 crore.
Till 1:00 pm on the last day of bidding process on Monday, the IPO got a 4.2 times membership. Its retail part has actually been subscribed by 4.69 times, while the NII group has actually obtained 7.49 times membership. The QIB group has actually been subscribed by 0.88 times.
Concord Enviro Systems IPO
Concord Enviro IPO is a publication constructed concern of Rs 500.33 crores. It includes a fresh concern of 0.25 crore shares accumulating to Rs 175 crore and a sell of 0.46 crore shares accumulating to Rs 325.33 crore.
Till 1:00 pm on the last day of bidding process on Monday, the IPO got a 2.42 times membership. Its retail part has actually been subscribed by 3.43 times, while the NII group has actually obtained 3.1 times membership. The QIB cateogory has actually gotten a 0.02 times membership.
Last week, ruby grading company International Gemmological Institute (India) Ltd on Friday made a solid stock exchange launching with its shares being provided at a 22.3 percent costs. aside from this, Inventurus Knowledge Solutions Ltd, a carrier of health care assistance solutions, additionally made an excellent stock exchange launching, uploading a listing gain of 43% over the concern cost of Rs 1,329. Moreover, One MobiKwik Systems Ltd additionally made an outstanding stock exchange launching with a listing gain of 58.51 percent. Vishal Mega Mart Ltd additionally made a solid stock exchange launching with a listing gain of 41 percent.
