07-Feb-2025
2 mins read
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PS Raj Steels IPO GMP Live
PS Raj Steels 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 same as allotment price that is 140 per share as it shows the neutral sentiment among investors. You can check the latest IPO Grey Market Premium today online.
If the subscription is oversubscribed, then PS Raj Steels IPO GMP might rise in the coming days. PS Raj Steels IPO GMP Live status will indirectly impact the sentiments of the IPO investors.
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PS Raj Steels IPO FAQs
1. What are the core details available of the PS Raj Steels IPO?
PS Raj Steels IPO is a book-built issue worth up to Rs 28.28 crores. The price band for this IPO is Rs 132 – Rs 140 per share. This upcoming IPO is offering entirely a fresh issue of up to 20.20 lakh equity shares.
2. What is the PS Raj Steels IPO open date and close date?
PS Raj Steels IPO subscription opens on Wednesday, February 12, 2025, and closes on Friday, February 14, 2025.
3. How do you check the IPO Allotment status?
PS Raj Steels IPO Allotment status is available on its registrar, Bigshare Services Private Limited website on the Listing date Wednesday, February 19, 2025. 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 of PS Raj Steels IPO?
PS Raj Steels, IPO lead manager, is Khambatta Securities Limited. The company has appointed Bigshare Services Private 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