IPO GMP Summary – 27th December 2023

Insights on Mainboard & SME IPO GMPs as of December 27, 2023 for Investors

Understanding the IPO market can be intricate, but Grey Market Premiums (GMPs) provide clarity for prospective investors. Here’s an overview of the Mainboard and SME IPO GMPs as of December 27, 2023, highlighting key points:

Mainboard IPO Overview:

Company Issue Price (INR) GMP Range (INR) Investor Sentiment
Azad Engineering 524 230-245 Positive
Innova Captab 448 90-95 Positive

SME IPO Overview:

Company Issue Price (INR) GMP Range (INR) Investor Sentiment
Trident Techlabs 35 39-40 Positive
Supreme Power 65 48-49 Positive
Indifa Ltd 65 -6 to -8 (Seller) Negative
Sameera Agro 180 -12 to -18 (Seller) Negative
AIK Pipes 89 -5 to -8 (Seller) Negative
Shri Balaji Valve 100 Nil Neutral
Manoj Ceramic 62 Nil Neutral
HRH Next 36 7-8 Positive
Akanksha Power 55 5-6 Positive

Remember: GMP is not a guaranteed indicator of listing performance. Conduct thorough research and consider various factors before investing. Stay updated on market trends and news to make informed decisions.

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