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The IPOs are Mamata Machinery, DAM Capital Advisors, Transrail Lighting, Sanathan Textiles, and Concord Enviro Systems.
Among these 5 IPOs, the GMP is the best for Mamata Machinery at 107 per cent, whereas that of Concord Enviro Systems is the bottom at 7.13 per cent.
IPO Alert, GMP Today, Subscription Status: Five preliminary public choices (IPOs) goes to be closed at present, on Monday, December 23. The IPOs are Mamata Machinery, DAM Capital Advisors, Transrail Lighting, Sanathan Textiles, and Concord Enviro Systems. Know which one is one of the best public providing for itemizing features as per the most recent GMP, and their newest subscription standing on their last day of bidding.
All the 5 IPOs have been opened for public subscription on Thursday December 19.
According to market observers, amongst these 5 preliminary public choices, the gray market premium (GMP) is the best for Mamata Machinery at 107 per cent, whereas that of Concord Enviro Systems is the bottom at 7.13 per cent. It signifies that each one the 5 IPOs are probably to supply constructive itemizing features for buyers.
Going by the GMP knowledge, the best itemizing acquire potential is in Mamata Machinery as its gray market premium presently stands at a whopping 107 per cent, adopted by DAM Capital Advisors (56.54 per cent), Transrail Lighting (41.67 per cent), Sanathan Textiles (12.77 per cent), and Concord Enviro Systems (7.13).
On Friday, the GMP numbers had stood at 107 per cent, 59.36 per cent, 43.06 per cent, 21.81 per cent, and 9.99 per cent, respectively.
Here’s the most recent subscription standing until round 11:00 am:
Mamata Machinery IPO
The Mamata Machinery IPO is a ebook constructed problem of Rs 179.39 crore. It is totally a proposal on the market of 0.74 crore shares. Its value band has been fastened at Rs 230 to Rs 243 per share.
Till 10:54 am on the ultimate day of bidding on Monday, the IPO acquired a robust 53.96 occasions subscription. Its retail portion has been subscribed by a whopping 66.28 occasions, whereas the NII class has received 90.13 occasions subscription. Its QIB class has been subscribed by 4.84 occasions.
DAM Capital Advisors IPO
The DAM Capital Advisors IPO is a ebook constructed problem of Rs 840.25 crore. It is totally a proposal on the market of two.97 crore shares. Its value band has been fastened at Rs 269 to Rs 283 per share.
Till 10:54 am on the ultimate day of bidding on Monday, the IPO acquired a 11.7 occasions subscription. Its retail portion has been subscribed by 12.08 occasions, whereas the NII class has received 24.58 occasions subscription. The QIB class received a 1.3 occasions subscription.
Transrail Lighting IPO
The Transrail Lighting IPO is a ebook constructed problem of Rs 838.91 crore. It consists of a recent problem of 0.93 crore shares aggregating to Rs 400.00 crore and a proposal on the market of 1.02 crore shares aggregating to Rs 438.91 crore.
Till 10:54 am on the ultimate day of bidding on Monday, the IPO acquired a 8.37 occasions subscription. Its retail portion has been subscribed by 9.4 occasions, whereas the NII class has received 16.27 occasions subscription. The QIB class received a 1.37 occasions subscription.
Sanathan Textiles IPO
The Sanathan Textiles IPO is a ebook constructed problem of Rs 550 crore. It contains a recent problem of 1.25 crore shares aggregating to Rs 400.00 crore and a proposal on the market of 0.47 crore shares aggregating to Rs 150.00 crore.
Till 10:49 am on the ultimate day of bidding on Monday, the IPO acquired a 2.31 occasions subscription. Its retail portion has been subscribed by 3.25 occasions, whereas the NII class has received 3.07 occasions subscription. The QIB class has been subscribed by 0.11 occasions.
Concord Enviro Systems IPO
Concord Enviro IPO is a ebook constructed problem of Rs 500.33 crores. It consists of a recent problem of 0.25 crore shares aggregating to Rs 175 crore and a proposal on the market of 0.46 crore shares aggregating to Rs 325.33 crore.
Till 10:59 am on the ultimate day of bidding on Monday, the IPO acquired a 1.72 occasions subscription. Its retail portion has been subscribed by 2.62 occasions, whereas the NII class has received 1.76 occasions subscription. The QIB cateogory has acquired a 0.01 occasions subscription.
Last week, diamond grading agency International Gemmological Institute (India) Ltd on Friday made a robust inventory market debut with its shares being listed at a 22.3 per cent premium. aside from this, Inventurus Knowledge Solutions Ltd, a supplier of healthcare help providers, additionally made a formidable inventory market debut, posting an inventory acquire of 43% over the problem value of Rs 1,329. Moreover, One MobiKwik Systems Ltd additionally made a stellar inventory market debut with an inventory acquire of 58.51 per cent. Vishal Mega Mart Ltd additionally made a robust inventory market debut with an inventory acquire of 41 per cent.
