What Is Grey Market Premium (GMP)? The Grey Market Premium (GMP) is the amount that investors pay over the issue price. The amount at which shares will be made available for purchase prior to their official listing on the stock exchange is known as the issue price. There is a significant grey market premium in…
On January 23, 2024, subscriptions for the Nova AgriTech Limited IPO went live, and the bids closed on January 25, 2024. It is anticipated that on Monday, January 29, 2024, the allocation for the Nova AgriTech Limited IPO will be completed. The tentative listing date for the Nova AgriTech IPO is Wednesday, January 31, 2024,…
Jyoti CNC Automation made a good first impression, listing at a 12.3 percent premium to its IPO price on January 16. In comparison to the issue price of Rs 331, the stock opened at Rs 370 on the NSE and Rs 372 on the BSE. Analysts predicted that the stock would trade at a 15-18…
The subscription period for the Australian Premium Solar IPO began on Thursday, January 11, and it ends on Monday, January 15. The price range for the Australian Premium Solar IPO is ₹51 to ₹54 per share. The lot size for the Australian Premium Solar IPO is two thousand shares. A minimum of 2,000 shares, as…
What is an IPO (Initial Public Offer)? An Initial Public Offering (IPO) is a financial event in which a private company for the first time makes its shares available for public purchase and trading on a stock exchange. An IPO transforms a company from a privately held entity with ownership typically limited to a small…
