The IPOs are Mamta Machinery, DAM Capital Advisors, Transrail Lighting, Sanathan Textiles, and Concorde Enviro Systems.
Among these five IPOs, Mamta Machinery’s GMP is the highest at 45.68 percent, while Concord Enviro Systems’ is the lowest at zero.
IPO Alert, GMP Today: After the impressive listings of Vishal Mega Mart Ltd and OneMobivic Systems Ltd on Wednesday, five more mainboard IPOs are being opened on Thursday (December 19). The IPOs are Mamta Machinery, DAM Capital Advisors, Transrail Lighting, Sanathan Textiles, and Concorde Enviro Systems. What is the best public offering for profit listing as per latest GMP?
According to market observers, among these five initial public offerings, the gray market premium (GMP) for Mamta Machinery is the highest at 45.68 percent, while that of Concord Enviro Systems is the lowest at zero.
According to GMP data, Mamta Machinery has the highest listing potential as its gray market premium currently stands at 45.68 per cent, followed by DAM Capital Advisors (38.16 per cent), Transrail Lighting (27.78 percent), Sanathan Textiles (7.79 percent). percent), and Concord Enviro Systems (nil).
All five IPOs will open simultaneously for public subscription on Thursday (December 19) and close on Monday (December 23).
Mamta Machinery IPO
Mamta Machinery IPO is a book built issue of Rs 179.39 crore. This is an offer for sale of 0.74 crore shares in full. Its price band has been fixed at Rs 230 to Rs 243 per share.
DAM Capital Advisors IPO
DAM Capital Advisors IPO is a book built issue of Rs 840.25 crore. This is an offer for sale of 2.97 crore shares in full. Its price band has been fixed at Rs 269 to Rs 283 per share.
Transrail Lighting IPO
The Transrail Lighting IPO is a book built issue of Rs 838.91 crore. It consists of a fresh issue of 0.93 crore shares worth Rs 400.00 crore and an offer for sale of 1.02 crore shares worth Rs 438.91 crore.
IPO of Sanathan Textiles
Sanathan Textile’s IPO is a book built issue of Rs 550 crore. This includes a fresh issue of 1.25 crore shares of Rs.400.00 crore and an offer for sale of 0.47 crore shares for an aggregate of Rs.150.00 crore.
Concord Enviro Systems IPO
Concord Enviro IPO is a book built issue of Rs 500.33 crore. It consists of a fresh issue of 0.25 crore shares worth Rs 175 crore and an offer for sale of 0.46 crore shares totaling Rs 325.33 crore.
Its price band has been fixed at Rs 665 to Rs 701 per share.
IPO listings on Wednesday.
Wednesday, December 18, One MobiKwik Systems Ltd The stock market got off to a great start with a 58.51 percent rise in the list. Its shares were listed on the BSE at Rs 442.25 per share, against the IPO price of Rs 279 per share. Later, the share price rose to Rs 524, a gain of 87.81%.
Vishal Mega Mart Limited also made a strong start in the stock market with a gain of 41 percent. Its shares were listed on the BSE at Rs 110 per share, compared to the IPO price of Rs 78 per share. On the NSE, shares of Vishal Megamart were listed at Rs 104, a premium of 33.3 per cent over the issue price.