IPO Listings Today: Check GMP of Tata Technologies IPO, Gandhar Oil Refinery IPO, Fedbank Financial Services IPO, and Rockingdeals Deals Circular NSE SME IPO.
Tata Technologies IPO, Gandhar Oil Refinery IPO, Fedbank Financial Services IPO, and Rockingdeals Deals Circular NSE SME IPO are going to be listed on bourses in the present day
IPO Listings Today: Shares of Tata Technologies, Gandhar Oil Refinery and Fedbank Financial Services are going to be listed on the BSE and NSE on Thursday, November 30. Apart from these, the Rockingdeals Circular SME IPO can be going to be listed on the NSE SME in the present day.
Going by the most recent GMP, Tata Technologies IPO itemizing is predicted to be the strongest amongst different IPOs which might be going to be listed in the present day.
The Tata Technologies IPO’s GMP or gray market premium at present stands at Rs 433, which signifies almost 87 per cent itemizing good points as towards its challenge value of Rs 500. Tata Tech GMP is adopted by Rocking Deals Circular’s GMP of 64.29 per cent, Gandhar Oil Refinery (43.20 per cent), Flair Writing IPO (29.61 per cent), and Fedbank Financial Services (zero).
‘Grey market premium’ signifies traders’ readiness to pay greater than the problem value. It additionally signifies how a lot good points traders are going to make on the itemizing day. The GMP is predicated on market sentiments and retains altering.
Generally, given the stable total market sentiments and stellar IREDA IPO itemizing on Wednesday, the three inventory market debuts are anticipated to be sturdy besides Fedbank Financial Services. Fedbank IPO’s GMP is at present zero, suggesting no itemizing good points as of now.
Tata Technologies IPO, Gandhar Oil Refinery IPO, Fedbank Financial Services IPO, and Rockingdeals Deals Circular NSE SME IPO are going to be listed on Thursday, November 30. However, Flair Writing Industries IPO goes to be listed on Friday, December 1.
IPO Listings Today and Their Subscriptions
Tata Technologies IPO, which was opened for public subscription between November 22 and November 24, acquired a whopping 69.43 instances subscription. The value vary for the provide stood at Rs 475-500 a share, which was finalised at Rs 500.
Gandhar Oil Refinery IPO, which was opened for public subscription between November 22 and November 24, acquired a robust 65.63 instances subscription. The value vary for the provide stood at Rs 160-169 a share.
Fedbank Financial Services IPO, which was opened for public subscription between November 22 and November 24, acquired a 2.24 instances subscription. The value vary for the provide stood at Rs 133-140 a share.
Rocking Deals Circular IPO, which was opened for public subscription between November 22 and November 24, acquired a whopping 312.64 instances subscription. The SME value for the provide was mounted at Rs 140 a share.
Meanwhile, Flair Writing IPO, which was opened for public subscription between November 22 and November 24, acquired a 49.28 instances subscription. The value vary for the provide stood at Rs 288-304 a share. Its itemizing is prone to happen on December 1.
Also, on Wednesday, shares of state-owned Indian Renewable Energy Development Agency (IREDA) made a stellar inventory market debut on bourses. On the BSE and NSE, the shares listed at a powerful Rs 50 per share, a premium of 56 per cent over its IPO value of Rs 32.
