Vishwas Agri Seeds Limited IPO GMP Price, Past Week GMP Trend, And More

Vishwas Agri Seeds Limited IPO GMP Price

Vishwas Agri Seeds was listed on the stock exchange on April 1st, 2024. The IPO was subscribed 12 times more than what was available. The final extra amount people were willing to pay for Vishwas Agri Seeds shares before they began trading was ₹9, as of April 1st, 2024, at 7:03 AM. Based on the extra amount, it was expected that investors might make around 10.47% profit or loss if they bought and sold shares.

The issue price of Vishwas Agri Seeds IPO (VISHWAS) was estimated at ₹86.00. But when trading started, the actual price was somewhat lower, ₹85.00, which is approximately 1.16% less than the allotment price.

The expected IPO listing price according to the grey market was at ₹95, listed below the GMP price, indicating a negative listing trend for GMP.

Past Week Vishwas Agri Seeds IPO GMP Trend

The below table shows the Past Week's Vishwas Agri Seeds IPO GMP Trend:

Vishwas Agri Seeds IPO Details

The Vishwas Agri Seeds IPO is a fixed-price offer to raise Rs 25.80 crores by selling 30 lakh new shares. Bidding for IPO started on March 21, 2024, and ended on March 26, 2024. Allotment of shares was completed on March 27, 2024, with trading on the NSE SME on April 1, 2024.

Vishwas agri seeds IPO price is Rs 86 per share. The minimum application size is 1600 shares. The minimum investment amount required for retail investors is Rs 137,600. The minimum investment amount for high net worth individuals (HNI) is Rs 275,200 for 2 lots of 3,200 shares.

Vishwas Agri Seeds IPO Timeline

The Vishwas Agri Seeds IPO opened for subscription on March 21, 2024, and closed on March 26, 2024. Following allotment on March 27, 2024, shares were credited to investors' demat accounts, with trading commencing on April 1, 2024.