06-Jan-2025
2 mins read
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BR Goyal IPO GMP
BR Goyal IPO GMP is Rs 13 per share. The IPO GMP today indicates the huge interest of retail investors. You can check the latest IPO Grey Market Premium today online from the first day of subscription. If the subscription is oversubscribed, then BR Goyal IPO GMP might rise in the coming days.
BR Goyal IPO GMP Live status will indirectly impact the sentiments of the IPO investors. If the Grey Market Premium is quoting at 9% or above, then the possibility of the oversubscription increases.
However, if the Live IPO GMP quotes is below 9% premium, then most investors tend to lose interest in applying in the IPO and the probability of the under-subscription increases. Here, in BR Goyal IPO GMP is expected to quote the initial ticks at the 14% or above premium.
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BR Goyal IPO FAQ
1. What are the details of the BR Goyal IPO?
BR Goyal IPO new IPO is a book-built issue of Rs 85.21 crore. This upcoming IPO is an entirely fresh issue of 63.12 lakh equity shares.
2. When will the BR Goyal IPO open and close?
BR Goyal IPO open date is 7 January 2025 and closing date is 9 January 2025. The initiation of the refund date is 13 January 2025, and the credit of shares will be on 13 January 2025.
3. What are the details of BR Goyal IPO Subscription Status Live?
BR Goyal IPO subscription status will be available after the IPO opens on 7 January 2025. In the QIB category 50% of the net offer is reserved. The remaining 35% is reserved for the retail investors and 15% is for Non-Institutional investors.
4. Write the details of the IPO Allotment Status Live?
BR Goyal IPO allotment status live will be finalised on 10 January 2025. The listing will be on the NSE SME platform on 14 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.
5. Who is the registrar and lead managers for BR Goyal IPO?
BR Goyal 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