IPO Market Buzz: 15 Listings, Up to 37% Gains Expected
By IPO Desk
Get ready for a busy IPO week! 15 new listings are expected, with Grey Market Premiums indicating potential gains of up to 37%. Discover top performers.
This week, the IPO market is seeing 15 mainboard and SME issues either opening or listing. Grey Market Premiums (GMPs) currently signal potential listing gains reaching up to 37% for investors.
Top Performers in Grey Market
Several key IPOs are showing strong interest based on current GMPs, suggesting significant early returns.
- Dhoot Transmission: Mainboard GMP at Rs 259, suggesting a 30% gain over its Rs 871 issue price.
- LAPL Automotive: GMP of Rs 35, indicating a 37% gain on its Rs 94 issue price.
- Ardee Industries: GMP of Rs 16, pointing to a 30% gain over its Rs 53 issue price.
- GV Electricals: GMP of Rs 26, suggesting a 20% gain on its Rs 130 issue price.
- Milky Mist: GMP of Rs 27, implying a 19% gain over the Rs 140 upper price band.
Other Noteworthy IPOs and Their Premiums
Other issues also present potential listing premiums, though at lower rates.
- Shiprocket: GMP stands at Rs 16, indicating a 16% gain over its Rs 97 upper price band.
- Molbio Diagnostics: GMP of Rs 130, suggesting a 16% gain on its Rs 807 issue price.
- Technocraft Ventures: GMP of Rs 21.5, implying a 10% gain over its Rs 212 issue price.
- LEAP India: GMP of Rs 16, pointing to a 10% premium over its Rs 159 issue price.
- Behari Lal Engineering: GMP of Rs 25, offering a nearly 9% gain on its Rs 285 upper price band.
- Q&T Foods: GMP of Rs 6, indicating a 5% gain over its Rs 115 issue price.
- Optimystix Entertainment: GMP of Rs 5, suggesting a 3% gain on its Rs 175 issue price.
Meanwhile, Pramodini Medicare, Sham Foam, and Fascinate Textiles currently register no active Grey Market Premium, showing flat signals for now.