Indo Farm Equipment IPO GMP Live
Indo Farm Equipment IPO GMP Live is Rs 46 per share. You can check the IPO grey market premium price online from the first day of subscription. If the subscription got oversubscribed then Indo Farm Equipment IPO GMP might rise in the coming days.
Read full Blog | Indo Farm Equipment IPO GMP Live, Open Date, Price Band, Allotment Status
Indo Farm Equipment IPO FAQ
1. What are the details of the Indo Farm Equipment IPO?
Indo Farm Equipment IPO is a book-built issue of Rs 260.15 crore. This upcoming IPO is a combination of fresh issue and offer-for-sale. The fresh issue is of Rs 184.90 crore and offer-for-sale is of Rs 75.25 crore.
2. When will the Indo Farm Equipment IPO open and close?
Indo Farm Equipment IPO open date is 31 December 2024 and closing will be on 2 January 2025. Initiation of refund date is 6 January 2025 and credit of shares will be on 6 January 2025.
3. What is Indo Farm Equipment IPO GMP Today?
Indo Farm Equipment IPO GMP Today is Rs 46 per share. You can check the latest GMP price online from the first day of subscription. If the subscription got oversubscribed, then Indo Farm Equipment IPO GMP might rise in the coming days.
4. What are the details of Indo Farm Equipment IPO reservation?
Indo Farm Equipment IPO subscription details will be available after the IPO opens on 31 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 Net Institutional investors.
5. Write the details of the IPO Allotment Status?
Indo Farm Equipment IPO allotment status will be finalised on January 3, 2025. The listing will be on the BSE and NSE platforms on January 7, 2025. The registrar of this IPO is Mass Services Limited. Investors can check their allotment status after the subscription of the IPO ends.
6. Who is the registrar and lead managers for Indo Farm Equipment IPO?
Indo Farm Equipment IPO's registrar is Mas Services 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 Aryaman Financial Services 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