New Delhi: IPi listings in December 27, 2024, are likely to be watched keenly by investors since 6 public issues worth nearly Rs 1,900 crore will be listed on the echmges on Friday. From Mamata Machinery IPO to DAM Capital Advisors IPO and Transrail Lighting IPO to Concord Enviro Systems IPO and Sanatan Textile IPO, 5 mainboard IPOs will be listed on the exchanges on Friday. New Malayalam Steel IPI will list on the SME exchange on December 27, 2024.
Here’s how these companies’ GMP stood ahead of their listing on Friday, December 27, 2024:
Mamata Machinery IPO GMP
Packaging machinery manufacturer Mamta Machinery’s IPO GMP stood at Rs 255 apiece on December 26, 2024. The IPO received a subscription of 194.95X till the last day of subscription. According to InvestorGain, the GMP indicates Rs 498 apiece listing price for Mamata Machinery IPO compared to the IPO of 243.00, indicating a 104.94 per cent grey market premium. GMP is the extra price an investor is willing to pay to acquire one share of a comoany.
DAM Capital Advisors IPO GMP
According to InvestorGain, the GMP of DAM Capital Advisors IPO was recorded at Rs 150 per share on Thursday. This indicates a listing price of Rs 433 apiece, or a 53 per cent premium over the upper Ipo price band of Rs 283 per share.
Transrail Lighting IPO GMP
Transrail Lighting’s IPO GMP stood at Rs175 apiece on Thursday, according to Investorgain. This indicatesthat the company’s stock may list for a price of ₹607 per share on Friday. Transrail Lighting’s IPO upper price band stood at Rs 432, according to the DRHP. This indicates a 40.51 per cent premium per share for investors.
Concord Enviro Systems IPO GMP
The last GMP of Concord Enviro Systems IPO was ₹134 according to InvestorGain. This IPO can be listed at Rs 835, up from its price band of Rs 701. It is expected to get a listing gain of 19.12% per share.
Sanathan Textiles IPO GMP
According to InvestorGain, the final GMP of Sanatan Textiles IPO is Rs 90. It is expected to close at Rs 411 from its price band of Rs 321. It is expected to have a profit of 28.04 per cent per share.
Newmalayalam Steel IPO GMP
The final GMP of New Malayalam Steel SME IPO is Rs 30, so it can be listed at Rs 120 against its price band of Rs 90. In this, investors are expected to earn up to 33.33 per cent profit per share.
(Disclaimer: This article is only meant to provide information. News9 does not recommend buying or selling shares or subscriptions of any IPO and Mutual Funds.)
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