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Unlisted shares of Sat Kartar Shopping Ltd are at present buying and selling at Rs 106 apiece within the gray market, which is a 30.86 per cent premium over the higher IPO worth of Rs 81. It signifies a robust itemizing achieve for buyers on January 17.
Sat Kartar Shopping IPO.
Sat Kartar Shopping IPO: The preliminary public supply (IPO) of Sat Kartar Shopping Ltd has been opened on Friday, January 10. It can be closed on Tuesday, January 14. The worth band of the Rs 33.80-crore SME IPO has been mounted at Rs 77 to 81 apiece. Till 11:44 am on the primary day of bidding on Friday, the IPO acquired a 1.6 occasions subscription receiving bids for 44,35,200 shares towards 27,77,800 shares on supply.
So far, the quota for retail buyers acquired subscribed by 2.88 occasions. The non-institutional buyers (NII) portion acquired a 0.79 occasions subscription.
The IPO allotment will seemingly happen on January 15, whereas the itemizing is scheduled to happen on January 17 on the NSE SME.
Sat Kartar Shopping IPO GMP Today
According to market observers, unlisted shares of Sat Kartar Shopping Ltd are at present buying and selling at Rs 106 apiece within the gray market, which is a 30.86 per cent premium over the higher IPO worth of Rs 81. It signifies a robust itemizing achieve for buyers on January 17.
Sat Kartar Shopping IPO: More Details
The Sat Kartar Shopping IPO is fully a contemporary difficulty of 41.73 lakh shares. The worth band of the IPO has been mounted at Rs 77 to Rs 81 per share.
The Sat Kartar Shopping IPO bidding opened for subscription on January 10, 2025 and can shut on January 14, 2025. The allotment for the Sat Kartar Shopping IPO is predicted to be finalised on Wednesday, January 15, 2025. Sat Kartar Shopping IPO can be listed on NSE SME with a tentative itemizing date mounted as Friday, January 17, 2025.
The minimal lot dimension for an utility is 1,600. The minimal quantity of funding required by retail buyers is Rs 1,29,600. The minimal lot dimension funding for HNI is 2 tons (3,200 shares) amounting to Rs 2,59,200.
Narnolia Financial Services Ltd is the e-book operating lead supervisor of the Sat Kartar Shopping IPO, whereas Skyline Financial Services Private Ltd is the registrar for the problem. The market maker for Sat Kartar Shopping IPO is Prabhat Financial Services Ltd.
