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Breaking News Desk Editorial

IPO GMP Summary – 21st December 2023

Abhishek Sharma
Founder & Editor-in-Chief
Published: Updated: 1 min read
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Mainboard IPO GMP as of 21st December 2023

Company Issue Price (IP) GMP (Grey Market Premium)
Muthoot 291 15-20
Suraj Estate 360 25-30
Motison Jewellers 55 70-72
Happy Forgings 850 390-410
RBZ Jewellers 100 8-10
Credo Brands 280 130-135
Azad Engineering 524 420-430
Innova Captab 448 190-195

SME IPO GMP as of 21st December 2023

Company Issue Price (IP) GMP (Grey Market Premium)
Sahara Maritime 81 Nil
Shanti Spintex 70 3-5
Electro force India 93 5-6 (Seller)
Trident Techlabs 35 36-38
Supreme Power 65 45-47

Conclusion: These GMP figures provide valuable insights for investors looking to navigate the dynamic landscape of IPOs. As always, it’s crucial to conduct thorough research and consider various factors before making investment decisions. Stay tuned for more updates on the ever-evolving IPO market.

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Abhishek Sharma
Founder & Editor-in-Chief

Abhishek Sharma

I’m Abhishek Sharma, an Advocate based in Delhi, entrepreneur, investor, and founder of BigBreakingWire. I am an enrolled Advocate with a strong interest in entrepreneurship, media, and technology. I founded BigBreakingWire, a digital news platform covering breaking news, business, financial markets, companies, and important developments in India and around the world. I also have a software company and take an active interest in technology, software, AI, digital products, and new business ideas. As an investor, I’m interested in discovering and investing in promising businesses and startups. I look for good ideas, strong founders, practical business models, and opportunities with long-term potential. I enjoy building businesses, learning about new industries, and connecting with people who are working on interesting ideas and opportunities. Advocate | Entrepreneur | Investor | Founder & Editor-in-Chief, BigBreakingWire

Last reviewed by Abhishek Sharma on January 19, 2024

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