Mamata Machinery IPO GMP
Mamata Machinery IPO GMP quotation is around Rs 42 per share. You can check the latest GMP price online from the first day of subscription. If the subscription got oversubscribed then Mamata Machinery IPO GMP might rise in the coming days.
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Mamata Machinery IPO FAQ
1. What is Mamata Machinery IPO GMP?
Mamata Machinery IPO GMP quotation is around Rs 42 per share. You can check the latest GMP price online from the first day of subscription. If the subscription got oversubscribed, then Mamata Machinery IPO GMP might rise in the coming days.
2. What are the details of the Mamata Machinery IPO?
Mamata Machinery IPO is a book-built issue of Rs 179.39 crore. This upcoming IPO is a fully offer-for-sale of 0.74 crore equity shares.
3. When will the Mamata Machinery IPO open and close?
Mamata Machinery IPO open date is Thursday, 19 December 2024 and closing will be on 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 Mamata Machinery IPO reservation?
Mamata Machinery IPO subscription details 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 Net Institutional investors.
5. Write the details of the IPO Allotment Status?
Mamata Machinery IPO allotment status will be finalised on Thursday, 19 December 2024. The listing will be on the BSE and NSE platforms on Friday 27 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 Mamata Machinery IPO?
Mamata Machinery 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 Beeline Capital Advisors 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