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Unlisted shares of Sat Kartar Shopping Ltd are presently buying and selling at Rs 114 apiece within the gray market, which is a 40.74 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 provide (IPO) of Sat Kartar Shopping Ltd, which was opened on Friday, has acquired over 13 occasions subscription thus far. The IPO will probably 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 11:09 am on the second day of bidding on Monday, the IPO acquired a 13.29 occasions subscription receiving bids for 3,69,21,600 shares towards 27,77,800 shares on provide.
So far, the quota for retail buyers acquired subscribed by 23.05 occasions. The non-institutional buyers (NII) portion acquired a 8.66 occasions subscription.
The IPO allotment will doubtless 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 presently buying and selling at Rs 114 apiece within the gray market, which is a 40.74 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 totally a recent concern 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 will probably be listed on NSE SME with a tentative itemizing date mounted as Friday, January 17, 2025.
The minimal lot dimension for an software 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 heaps (3,200 shares) amounting to Rs 2,59,200.
Narnolia Financial Services Ltd is the guide 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.
