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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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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