As of December 20, 2024, several initial public offerings (IPOs) are actively trading, with notable subscription rates and grey market premiums (GMPs) indicating strong investor interest. Here’s an overview of the current status for five prominent IPOs:
1. Mamata Machinery IPO:
Subscription Status: The IPO has been subscribed approximately 37.34 times on its second day, with retail investors leading at 50.55 times, followed by non-institutional investors at 49.45 times, and qualified institutional buyers at 4.74 times. citeturn0search0
Source:- bbc news
GMP: Shares are trading at a premium of ₹260, suggesting a potential listing price of ₹503, which is 107% above the upper price band of ₹243. citeturn0search0
Source:- news 18
2. DAM Capital Advisors IPO:
Subscription Status: The IPO has been subscribed nearly 7 times on its second day, with retail investors subscribing 9 times, non-institutional investors 11.4 times, and qualified institutional buyers 7% of their allotted portion. citeturn0search2
GMP: The grey market premium stands at ₹171, indicating a potential listing price of ₹434, which is 60% above the upper price band of ₹283. citeturn0search2
3. Transrail Lighting IPO:
Subscription Status: The IPO has been subscribed 3.49 times on its second day, with retail investors subscribing 4.86 times. citeturn0search5
GMP: Shares are trading at a premium of ₹100, suggesting a potential listing price of ₹200, which is 100% above the upper price band of ₹100. citeturn0search4
4. Ventive Hospitality IPO:
Subscription Status: The IPO has been subscribed 2.5 times on its second day, with retail investors subscribing 3 times and non-institutional investors 2 times. citeturn0search1
GMP: The grey market premium stands at ₹50, indicating a potential listing price of ₹150, which is 50% above the upper price band of ₹100. citeturn0search
5. International Gemmological Institute (IGI) IPO:
Subscription Status: The IPO has been subscribed 1.5 times on its second day, with retail investors subscribing 2 times and non-institutional investors 1 time. citetuciteturn0searc
GMP: Shares are trading at a premium of ₹30, suggesting a potential listing price of ₹130, which is 30% above the upper price band of ₹100. citeturn0search1
These figures reflect robust investor interest across various sectors, with substantial premiums in the grey market indicating positive expectations for these IPOs upon listing.
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