17-Dec-2024
2 mins read
.jpg)
 1.jpg)
.jpg)
Concord Enviro IPO GMP
Concord Enviro IPO GMP is around Rs 57 per share. The grey market premium quotation indicates huge interest of retail investors. You can check the latest GMP price online from the first day of subscription. If the subscription got oversubscribed then Concord Enviro IPO GMP might rise in the coming days.
Also Read:
Concord Enviro IPO FAQ
1. What is Concord Enviro IPO GMP?
Concord Enviro IPO GMP is around Rs 57 per share. The grey market premium quotation indicates huge interest of retail investors. You can check the latest GMP price online from the first day of subscription. If the subscription got oversubscribed then Concord Enviro IPO GMP might rise in the coming days.
2. What are the details of the Concord Enviro IPO?
Concord Enviro IPO is a book-built issue of Rs 500.33 crore. This upcoming IPO is a combination of fresh issue and offer-for-sale. The fresh issue is of Rs 175 crore and OFS is of Rs 325.33 crore.
3. When will the Concord Enviro IPO open and close?
Concord Enviro IPO open date is Thursday, 19 December 2024 and closing date is Monday, 23 December 2024. Initiation of refund date is 26 December 2024 and credit of shares will be on 26 December 2024.
4. What are the details of Concord Enviro IPO reservation?
Concord Enviro IPO subscription status will be available after the IPO opens on 19 December 2024. In the QIB category, 50% of the net offer is reserved. The remaining 35% is reserved for retail investors, and 15% is for Non-Institutional investors.
5. Write the details of the IPO Allotment Status?
Concord Enviro IPO allotment status will be finalised on Tuesday, 24 December 2024. The listing will be on the BSE and NSE platforms on Wednesday 18 December, 2024. The registrar of this IPO is Link Intime India Private Limited. Investors can check their allotment status after the subscription of the IPO ends.
6. Who is the registrar and lead managers for Concord Enviro IPO?
Concord Enviro IPO registrar is Link Intime India Private 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 managers are Motilal Oswal Investment Advisors Limited, Equirus Capital Private Limited.
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