Deem Roll Tech IPO: Check Subscription Status, GMP Today.
Unlisted shares of Deem Roll Tech Ltd are buying and selling Rs 46 increased within the gray market, anticipating a 35.66 per cent itemizing acquire from the general public situation
Deem Roll Tech IPO: The preliminary public providing of metal and alloy rolls producer Deem Roll Tech Ltd, which goes to be closed on Thursday, has acquired an awesome response from buyers. Till 4:02 pm on the ultimate day of bidding on Thursday, the Rs 29.26-crore SME IPO acquired a whopping 248.58 instances subscription, garnering bids for 53,54,44,000 shares as in opposition to 21,54,000 shares on supply.
The IPO was opened for public subscription on Tuesday, February 20.
The retail class has acquired 165.03 instances subscription and the non-institutional quota obtained 311.49 instances subscription.
The allotment of Deem Roll Tech IPO will happen on February 23, whereas its itemizing will happen on the NSE SME on February 27, 2024.
Deem Roll Tech IPO GMP Today
According to market observers, unlisted shares of Deem Roll Tech Ltd are buying and selling Rs 46 increased within the gray market as in contrast with its situation worth. The Rs 46 gray market premium or GMP means the gray market is anticipating a 35.66 per cent itemizing acquire from the general public situation. The GMP is predicated on market sentiments and retains altering.
‘Grey market premium’ signifies buyers’ readiness to pay greater than the difficulty worth.
Deem Roll Tech IPO Details
Deem Roll Tech IPO is completely a recent situation of twenty-two.68 lakh shares. The worth of the IPO has been fastened at Rs 129 per share. The minimal lot measurement for an utility is 1,000 shares.
The minimal quantity of funding required by retail buyers is Rs 1,29,000. The minimal lot measurement funding for HNI is 2 tons (2,000 shares) amounting to Rs 2,58,000.
Fedex Securities Pvt Ltd is the ebook-operating lead supervisor of the Deem Roll Tech IPO, whereas Bigshare Services Pvt Ltd is the registrar for the difficulty. The market maker for Deem Roll Tech IPO is Ss Corporate Securities.
(The story has been up to date with the most recent subscription information will 4:02 pm)
