02-Jan-2025
2 mins read
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Indobell Insulation IPO GMP
Indobell Insulation IPO GMP is Rs 5 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 Indobell Insulation IPO GMP might rise in the coming days.
Indobell Insulation IPO GMP Live status will indirectly impact the sentiments of the IPO investors. If the Grey Market Premium is quoting at 11% or above, then the possibility of the oversubscription increases.
However, if the Live IPO GMP quotes is below 11% premium, then most investors tend to lose interest in applying in the IPO and the probability of the under-subscription increases. Here, in Indobell Insulation IPO GMP is expected to quote the initial ticks at the 10% or above premium.
Indobell Insulation IPO FAQ
1. What are the details of the Indobell Insulation IPO?
Indobell Insulation IPO is a fixed price issue of Rs 10.14 crore. This upcoming IPO is an entirely fresh issue of 22.05 lakh equity shares. Indobell Insulation IPO price band is Rs 46 per share.
2. When will the Indobell Insulation IPO open and close?
Indobell Insulation IPO open date is 6 January 2025 and closing date is 8 January 2025. The initiation of the refund date is 10 January 2025, and the credit of shares will be on 10 January 2025.
3. What are the details of Indobell Insulation IPO Subscription Status Live?
Indobell Insulation IPO subscription status will be available after the IPO opens on 6 January 2025. The net shares reserved for the retail category is 50% of the issue and remaining 50% is reserved for others.
4. Write the details of the IPO Allotment Status Live?
Indobell Insulation IPO allotment status live will be finalised on 9 January 2025. The listing will be on the BSE SME platform on 13 January, 2025. The registrar of this IPO is Integrated Registry Management Services Private Limited. Investors can check their allotment status after the subscription of the IPO ends.
5. Who is the registrar and lead managers for Indobell Insulation IPO?
Indobell
Insulation IPO registrar is Integrated Registry Management
Services 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 Finshore Management 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