Ecom Express IPO GMP
Ecom Express IPO GMP quotation is not yet started. 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 Ecom Express IPO GMP might rise in the coming days.
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Ecom Express IPO FAQ
1. What are the details of the Ecom Express IPO?
Ecom Express IPO is a book-built issue of Rs 2600 crores. This upcoming IPO is a combination of fresh issue and offer-for-sale. The fresh Issue is of Rs 1,285 crore and OFS is of Rs 1,315 crore.
2. When will the Ecom Express IPO open and close?
Ecom Express IPO open date is expected by the last week of December or by the first week of January 2025. However, these dates are tentative as per the information available from the market sources and can be changed in future.
3. What is Ecom Express IPO GMP?
Ecom Express IPO GMP quotation is not yet started. 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 Ecom Express IPO GMP might rise in the coming days.
4. What are the details of Ecom Express IPO reservation?
Ecom Express IPO subscription details will be available after the IPO opens in the last week of 2025. In the QIB category 75% of the net offer is reserved. The remaining 10% is reserved for the retail investors and 15% is for Non-Institutional investors.
5. Write the details of the IPO Allotment Status?
Ecom Express IPO allotment status is expected to be finalized in the first week of January 2025. The listing will be on the BSE and NSE platforms in the first week of January 2025. 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 Ecom Express IPO?
Ecom Express IPO's 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.
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