21-Jan-2025
2 mins read
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H.M. Electro Mech IPO GMP Live
H.M. Electro Mech IPO GMP is at Rs 0. The IPO GMP today indicates the huge interest of retail investors. It is expected that the listing price can be the same as the allotment price, which is Rs 75 per share. You can check the latest IPO Grey Market Premium today online.
If the subscription is oversubscribed, then H.M. Electro IPO GMP might rise in the coming days. H.M. Electro IPO GMP Live status will indirectly impact the sentiments of the IPO investors. If the Grey Market Premium is quoting at 10% to 15% or above, then the possibility of the oversubscription increases.
However, if the Live IPO GMP quotes are below 10% premium, then most investors tend to lose interest in applying for the IPO and the probability of the under-subscription increases. Here, in the H.M. Electro IPO, GMP is expected to quote the initial ticks at a premium of 15% or above.
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H.M. Electro Mech IPO FAQs
1. What are the core details available of the H.M. Electro Mech IPO?
H.M. Electro Mech IPO is a book-built issue worth up to Rs 27.74 crores. The price band for this IPO is Rs 71 – Rs 75 per share. This upcoming IPO is offering entirely a fresh issue of up to 36,99,200 equity shares.
2. What is the H.M. Electro Mech IPO open date and close date?
H.M. Electro Mech IPO subscription opens on Friday, January 24, 2025, and closes on Tuesday, January 28, 2025.
3. How do you check the IPO Allotment status?
H.M. Electro Mech IPO Allotment status is available on its registrar, Cameo Corporate Services Limited website. Once the subscription ends after the closing of IPO bidding, the allotment status of investors who applied for IPO will be available on the registrar's website.
4. Who are the registrar and lead managers for H.M. Electro Mech IPO?
H.M. Electro Mech IPO lead manager is Beeline Capital Advisors Private Limited. The company has appointed Cameo Corporate Services Limited as the registrar for this public issue.
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