IPO GMP | New cheap IPO opens for investment, boom in gray market, will get big returns on the first day – GMP IPO
IPO GMP | Enviro Infra Engineers Limited IPO opened for investment on Friday, November 22. Enviro Infra Engineers is also a main board IPO. The IPO size of Enviro Infra Engineers Company is Rs 650.43 crore. The IPO of Enviro Infra Engineers Company will be open for investment from November 22 to November 26. The IPO is giving positive signals from the gray market.
IPO price band
The price band for the IPO of Enviro Infra Engineers Limited Company has been fixed at Rs 140-148. Investors will have to invest a minimum of Rs 14,948 for this IPO. Enviro Infra Engineers Limited IPO shares will be allotted on November 27. Shares of Enviro Infra Engineers Limited Company will be listed on NSE and BSE on 29 November. The company will give a discount of Rs 13 per share to its employees. One lakh shares have been reserved for the employees of Enviro Infra Engineers Company. The company will try to raise Rs 650.43 crore through this IPO. Enviro Infra Engineers will issue 3.87 crore new shares through IPO and 53 lakh shares under offer fall sale. Enviro Infra Engineers Company has raised Rs 194.69 crore through anchor investors.
gray market premium
Enviro Infra Engineers Limited is trading at a premium of Rs 38 in the gray market today. This is the highest GMP for Enviro Infra Engineers Company as per Investor Profit Report. However, there has been no change in GMP compared to Thursday.
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