The shares of Manba Finance will debut at the bourses on Monday. Ahead of the listing, the company’s shares were trading with a GMP of Rs 38 in the grey market. Considering the upper price band of Rs 120, the stock is expected to list at a premium of 32% over the issue price. However, … Read more
The grey market premium (GMP) on Kross‘ shares have reduced by half to Rs 24 from Rs 50 ahead of the listing of the stock on September 16, Monday. This is a 10% premium over the issue price of Rs 240 per share. The three-day initial public offering (IPO) which ended on September 11 got … Read more
The initial public offering (IPO) of Tolins Tyres is set to open for public subscription on September 9 and will close on September 11. Ahead of the issue, the grey market premium (GMP) for Tolins Tyres is around Rs 29-30, suggesting a 13% premium over the issue price. The price band for the IPO has … Read more
Muthoot Microfin listing: The shares of Muthoot Microfin will likely get listed on the exchanges on December 26. Ahead of the listing, the company’s shares are commanding a premium of Rs 26 in the unlisted market.Considering the upper price band of Rs 291, the company’s shares are expected to list with a mild premium of … Read more
NEW DELHI: The trend of strong premium at debut in the stock market may continue as IPOs of HP Adhesives and Supriya Lifescience are likely to reward investors this week. The stocks are scheduled to list on Monday and Tuesday, respectively. Dealers active in the unofficial market for unlisted shares said HP Adhesives was trading … Read more