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The IPOs are Mamata Machinery, DAM Capital Advisors, Transrail Lighting, Sanathan Textiles, and Concord Enviro Systems.
Among these 5 IPOs, the GMP is highest possible for Mamata Machinery at 45.68 percent, while that of Concord Enviro Systems is the most affordable at no.
IPO Alert, GMP Today: After the outstanding listing of Vishal Mega Mart Ltd and One Mobikwik Systems Ltd on Wednesday, 5 even more mainboard IPOs are mosting likely to be opened up on Thursday (December 19). The IPOs are Mamata Machinery, DAM Capital Advisors, Transrail Lighting, Sanathan Textiles, andConcord Enviro Systems Which one is the very best public offering for providing gains based on the most recent GMP?
According to market viewers, amongst these 5 going publics, the grey market costs (GMP) is the highest possible for Mamata Machinery at 45.68 percent, while that of Concord Enviro Systems is the most affordable at no.
Going by the GMP information, the highest possible listing gain possibility remains in Mamata Machinery as its grey market costs presently stands at 45.68 percent, adhered to by DAM Capital Advisors (38.16 percent), Transrail Lighting (27.78 percent), Sanathan Textiles (7.79 percent), and Concord Enviro Systems (nil).
All the 5 IPOs will certainly be opened up at the same time for public membership on Thursday (December 19) and will certainly be ended on Monday (December 23).
Mamata Machinery IPO
The Mamata Machinery IPO is a publication constructed problem of Rs 179.39 crore. It is completely a market of 0.74 crore shares. Its rate band has actually been dealt with at Rs 230 to Rs 243 per share.
DAM Capital Advisors IPO
The DAM Capital Advisors IPO is a publication constructed problem of Rs 840.25 crore. It is completely a market of 2.97 crore shares. Its rate band has actually been dealt with at Rs 269 to Rs 283 per share.
Transrail Lighting IPO
The Transrail Lighting IPO is a publication constructed problem of Rs 838.91 crore. It includes a fresh problem of 0.93 crore shares accumulating to Rs 400.00 crore and a market of 1.02 crore shares accumulating to Rs 438.91 crore.
Sanathan Textiles IPO
The Sanathan Textiles IPO is a publication constructed problem of Rs 550 crore. It consists of a fresh problem of 1.25 crore shares accumulating to Rs 400.00 crore and a market of 0.47 crore shares accumulating to Rs 150.00 crore.
Concord Enviro Systems IPO
Concord Enviro IPO is a publication constructed problem of Rs 500.33 crores. It includes a fresh problem of 0.25 crore shares accumulating to Rs 175 crore and a market of 0.46 crore shares accumulating to Rs 325.33 crore.
Its rate band has actually been dealt with at Rs 665 to Rs 701 per share.
IPO Listings on Wednesday
On Wednesday, December 18, One MobiKwik Systems Ltd made an outstanding securities market launching with a listing gain of 58.51 percent. Its shares were noted at Rs 442.25 each on the BSE, versus the IPO problem rate of Rs 279 per share. Later, the shares rose to Rs 524, a gain of a massive 87.81 percent.
Vishal Mega Mart Ltd additionally made a solid securities market launching with a listing gain of 41 percent. Its shares were noted at Rs 110 each on the BSE, versus the IPO problem rate of Rs 78 per share. On the NSE, Vishal Mega Mart’s shares were noted at Rs 104, a costs of 33.3 percent over the problem rate.
