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NeoPolitan Pizza and Foods IPO Receives 32.72 x Subscription on Final Day of Bidding, Check GMP Today


NeoPolitan Pizza and Foods IPO.

Unlisted shares of NeoPolitan Pizza and Foods Ltd remain to trade at the exact same cost as its concern cost of Rs 20, therefore absolutely no GMP. The absolutely no GMP shows no listing gains from the IPO.

NeoPolitan Pizza and Foods IPO: The going public of NeoPolitan Pizza and Foods Ltd has actually been shut today, October 4. The cost of the Rs 12-crore SME IPO has actually been dealt with at Rs 20 per share for the general public concern. On the last day of bidding process on Friday, the SME IPO obtained a 32.72 times membership amassing quotes for 18,64,92,000 shares as versus the 57,00,001 shares available.

The classification for non-institutional financiers obtained 20.72 times membership, while the section for retail specific financiers (RIIs) obtained subscribed 42.62 times.

The IPO was opened up for public membership on September 30.

NeoPolitan Pizza and Foods IPO: Key Dates

The IPO is readily available for public membership in between September 30 and October 4. The share quantity of the NeoPolitan Pizza and Foods IPO will likely be settled on October 7, while its shares will certainly be detailed on the BSE SME on October 9.

NeoPolitan Pizza and Foods IPO: Price Band

The cost of the Rs 12-crore SME IPO has actually been dealt with at Rs 20 per share for the general public concern.

NeoPolitan Pizza and Foods IPO: GMP Today

According to market viewers, non listed shares of NeoPolitan Pizza and Foods Ltd remain to trade at the exact same cost as its concern cost of Rs 20, therefore absolutely no GMP. The absolutely no GMP shows no listing gains from the IPO.

The GMP is based upon market views and maintains transforming. ‘Grey market premium’ shows financiers’ preparedness to pay greater than the concern cost.

NeoPolitan Pizza and Foods IPO: More Details

The NeoPolitan Pizza and Foods IPO is totally a fresh concern of 60 lakh shares.

NeoPolitan Pizza and Foods IPO bidding process opened up for membership on September 30, 2024 and will certainly shut on October 4, 2024. The quantity for the NeoPolitan Pizza and Foods IPO is anticipated to be settled on Monday, October 7, 2024. NeoPolitan Pizza and Foods IPO will certainly note on BSE SME with tentative listing day dealt with as Wednesday, October 9, 2024.

NeoPolitan Pizza and Foods IPO cost is 20 per share. The minimal whole lot dimension for an application is 6000Shares The minimal quantity of financial investment needed by retail financiers is 120,000. The minimal whole lot dimension financial investment for HNI is 2 whole lots (12,000 shares) totaling up to 240,000.

Turnaround Corporate Advisors Private Limited is guide running lead supervisor of the NeoPolitan Pizza and Foods IPO, while Bigshare Services Pvt Ltd is the registrar for the concern. The market manufacturer for NeoPolitan Pizza and Foods IPO is Mnm Stock Broking.



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