Alpex Solar IPO: Check Subscription Status, GMP Today.
Unlisted shares of Alpex Solar Ltd are buying and selling Rs 180 greater within the gray market, a 156.52 per cent itemizing acquire from the general public difficulty
Alpex Solar IPO: The preliminary public providing of Alpex Solar, which goes to be closed on Monday, February 12, has acquired a blockbuster response from buyers. Till 4:10 pm on the ultimate day of bidding on Monday, the IPO acquired 320.12 occasions subscription, garnering bids for 1,37,98,56,000 shares as towards 43,10,400 shares on provide.
The Rs 74.52-crore IPO was opened for public subscription on Thursday, February 8.
The retail class has acquired 344.26 occasions subscription and the non-institutional quota received 501.85 occasions subscription. The QIB class acquired 141.48 occasions subscription.
The allotment of Alpex Solar IPO will happen on February 13, whereas its itemizing will happen on the NSE SME on February 15, 2024.
Alpex Solar IPO GMP Today
According to market observers, unlisted shares of Alpex Solar Ltd are buying and selling Rs 180 greater within the gray market as in contrast with its difficulty value. The Rs 180 gray market premium or GMP means the gray market is anticipating a 156.52 per cent itemizing acquire from the general public difficulty. The GMP is predicated on market sentiments and retains altering.
‘Grey market premium’ signifies buyers’ readiness to pay greater than the problem value.
Alpex Solar IPO Details
The Alpex Solar IPO is completely a recent difficulty of 64.8 lakh shares. The value band of the IPO was mounted at Rs 109 to Rs 115 per share.
The minimal lot dimension for an software is 1,200 shares. The minimal quantity of funding required by retail buyers is Rs 1,38,000. The minimal lot dimension funding for HNI is 2 tons (2,400 shares) amounting to Rs 2,76,000.
Corporate Capitalventures Pvt Ltd is the ebook-operating lead supervisor of the Alpex Solar IPO, whereas Skyline Financial Services Private Ltd is the registrar for the problem. The market maker for Alpex Solar IPO is Ss Corporate Securities.
(The story has been up to date with the most recent subscription and GMP knowledge until 4:10 pm)
