Pune E Stock Broking IPO GMP Price
Pune E-Stock Broking IPO's Grey Market Premium (GMP) stands at ₹83 as of March 7th, 2024, indicating positive sentiment and potential gains, retail Subject to Sauda value noted at ₹100900, with GMP showing an upward trend, promising a strong listing.
by Alaguvelan M
Updated Mar 07, 2024
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Pune E Stock Broking IPO GMP
The latest update on Pune E-Stock Broking IPO's Grey Market Premium (GMP) reveals that it currently stands at ₹83 as of March 7th, 2024, at 10:25 AM. This indicates a positive sentiment surrounding the IPO, with expectations of a strong listing.
With a price band of ₹83.00, the estimated listing price for the IPO is calculated to be ₹166, which suggests a potential gain of 100.00% per share.
Over the past 10 sessions, the GMP has fluctuated between ₹3 and ₹83, showcasing varying degrees of investor interest. Stay tuned for further updates on Pune E-Stock Broking SME IPO's GMP and the anticipated listing price.
Pune E Stock Broking IPO GMP Range Past Week
|
GMP Date |
IPO Price |
GMP |
Estimated Listing Price |
|
07-03-2024 |
83.00 |
₹83 |
₹166 (100%) |
|
06-03-2024 |
83.00 |
₹83 |
₹166 (100%) |
|
05-03-2024 |
83.00 |
₹83 |
₹166 (100%) |
|
04-03-2024 |
83.00 |
₹83 |
₹166 (100%) |
|
03-03-2024 |
83.00 |
₹83 |
₹166 (100%) |
|
02-03-2024 |
83.00 |
₹83 |
₹166 (100%) |
|
01-03-2024 |
83.00 |
₹83 |
₹166 (100%) |
Pune E Stock Broking IPO Details
The Pune E-Stock Broking IPO is set to make its debut with a book-built issue worth Rs 38.23 crores, comprising entirely of fresh shares totaling 46.06 lakh shares. Investors can subscribe to the IPO from March 7 to March 12, 2024.
The final allotment is expected to be announced on March 13, 2024, with the IPO listing on BSE SME tentatively scheduled for March 15, 2024.
Investors have a price band of ₹78 to ₹83 per share to consider, with a minimum lot size of 1600 shares. For retail investors, the minimum investment stands at ₹132,800, while High Net Worth Individuals (HNI) are required to invest in a minimum of 2 lots (3,200 shares), amounting to ₹265,600.
Pune E Stock Broking IPO Timeline
Event |
Date |
|
IPO Open Date |
Thursday, March 7, 2024 |
|
Cut-off time for UPI mandate confirmation |
5 PM on March 12, 2024 |
|
IPO Close Date |
Tuesday, March 12, 2024 |
|
Basis of Allotment |
Wednesday, March 13, 2024 |
|
Initiation of Refunds |
Thursday, March 14, 2024 |
|
Credit of Shares to Demat |
Thursday, March 14, 2024 |
|
Listing Date |
Friday, March 15, 2024 |
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Pune E Stock Broking IPO GMP - FAQs
1. What is the Grey Market Premium (GMP) for Pune E-Stock Broking IPO currently?
As of March 7, 2024, the GMP stands at ₹83.
2. What does the GMP of ₹83 indicate about investor sentiment towards Pune E-Stock Broking IPO?
The GMP of ₹83 suggests positive sentiment and expectations of a strong listing.
3. How is the estimated listing price calculated based on the GMP?
With a GMP of ₹83 and a price band of ₹83.00, the estimated listing price for the IPO is ₹166.
4. What is the Retail Subject to Sauda value for Pune E-Stock Broking IPO?
The Retail Subject to Sauda value is noted at ₹100900.
5. How has the GMP trended over the past few sessions?
The GMP has shown an upward trend over the past sessions, indicating increasing investor interest.
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