Shree OSFM E-Mobility IPO: Check GMP Today, Subscription Status.
Unlisted shares of Shree OSFM E-Mobility Ltd are at the moment buying and selling at Rs 65, which suggests zero GMP or no itemizing beneficial properties
Shree OSFM E-Mobility IPO: The preliminary public providing of Shree OSFM E-Mobility Ltd, which opened for public subscription on December 14, is closing on Monday, December 18. The worth of the Shree OSFM E-Mobility SME IPO was mounted at Rs 65 per share. Till 1:13 pm on the ultimate day of bidding on Monday, the Rs 24.60-crore IPO has obtained 5.58 instances subscription, garnering bids for two,00,06,000 shares as in opposition to 35,84,000 shares on supply.
The IPO allotment will happen on Tuesday, December 19, whereas its share itemizing will happen on December 21 on the NSE SME.
Shree OSFM E-Mobility IPO GMP Today
According to market observers, unlisted shares of Shree OSFM E-Mobility Ltd are at the moment buying and selling at Rs 65, which suggests zero GMP or no itemizing achieve. The GMP relies on market sentiments and retains altering.
‘Grey market premium’ signifies traders’ readiness to pay greater than the difficulty worth.
Shree OSFM E-Mobility IPO Details
The IPO is fully a contemporary challenge of 37.84 lakh shares. Its worth was mounted at Rs 65. The minimal lot measurement for an utility is 2,000 shares. The minimal quantity of funding required by retail traders is Rs 1,30,000.
First Overseas Capital Limited is the guide-working lead supervisor of the Shree OSFM E-Mobility IPO, whereas Bigshare Services Pvt Ltd is the registrar for the difficulty. The market maker for Shree OSFM E-Mobility IPO is Bhh Securities.
