Borana Weaves IPO GMP
Borana Weaves IPO GMP is not yet available. The IPO GMP today indicates huge interest of retail investors. You can check the latest IPO Grey Market Premium today online. As of now it is expected that the listing price will be near the allotment price of the IPO. If the subscription got oversubscribed then Borana Weaves IPO GMP might rise in the coming days.
Borana Weaves IPO GMP Live status will indirectly impact the sentiments of the IPO investors. If the Grey Market Premium is quoting at 12% or above, then the possibility of the oversubscription increases.
However, if the Live IPO GMP quotes is below 12% premium, then most investors tend to lose interest in applying in the IPO and the probability of the under-subscription increases. Here, in Borana Weaves IPO GMP is expected to quote at the 10% or above premium in upcoming days.
Also Read:
Borana Weaves IPO FAQ
1. What are the details of the Borana Weaves IPO?
Borana Weaves IPO is a book-built issue of Rs 144.89 crore. This upcoming IPO is offering entirely a fresh issue of 67,08,000 equity shares.
2. When will the Borana Weaves IPO open and close?
Borana Weaves IPO's opening date is May 20, 2025, and the closing date is May 22, 2025. Borana Weaves IPO listing date is May 27, 2025, and allotment status will be available on May 23, 2025.
3. Write the details of the IPO Allotment Status.
Borana Weaves IPO allotment status is finalised on May 23, 2025. The Listing will be on the BSE and NSE platforms on May 27, 2025. The registrar of this IPO is Kfin Technologies Limited. Investors can check their allotment status after the subscription of the IPO ends.
4. Who are the registrar and lead managers for Borana Weaves IPO?
Borana Weaves IPO registrar Kfin Technologies Limited. On the date of allotment, Investors can click on the registrar's website and select the name of the company and enter PAN number or application ID to know their allotment status. The lead manager is Beeline Capital Advisors Pvt Ltd.
What is an IPO GMP?
IPO GMP, full form is Initial Public Offering Grey Market Premium. It refers to the premium price at which shares of the upcoming IPO are getting traded. IPO GMP gives an idea to the investors of the official IPO listing price.
The grey market is an unregulated platform where traders buy IPO shares based on demand and supply and aim for listing gains. The IPO GMP indicates market sentiments and expectations of the upcoming IPO.
A high IPO GMP indicates strong interest of investors and expectation of positive listing in the stock exchange. Whereas, low IPO GMP indicates lack of interest of the investors. However, IPO GMP is very speculative and doesn’t guarantee actual listing outcomes