Gopal Snacks IPO itemizing at the moment, know the way a lot is GMP – India TV Hindi

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The IPO was subscribed 9.02 times.- India TV Paisa

Picture:FILE The IPO was subscribed 9.02 instances.

If in case you have received the allotment of Gopal Snacks Restricted IPO, then at the moment is a really special occasion for you. The itemizing of Gopal Snacks Restricted is scheduled for Thursday. In response to info accessible on the BSE web site, shares of Gopal Snacks can be listed on BSE and NSE in a particular pre-open session throughout Thursday’s offers. The share worth of Gopal Snacks can be accessible to merchants and traders from 10:00 AM on Thursday. On the date of Gopal Snacks IPO itemizing, shares of the FMCG firm are buying and selling at par within the grey market at the moment.

IPO listings might stay tender

In response to inventory market consultants, Gopal Snacks IPO has obtained good subscription demand, however the temper of the secondary market and 100 per cent OFS might spoil the itemizing get together, Moneycontrol reported. He additionally says that the IPO itemizing of Gopal Snacks might stay tender as there can be no funds for progress within the firm. Specialists additionally say listings might be flat, given the secondary market situation and promoting strain seen within the mid and small cap areas.

fundamentals weak

This supply was a one hundred pc supply on the market. One other skilled says that the itemizing of Gopal Snacks is more likely to be sluggish. The corporate’s fundamentals seem weak resulting from its reliance on a restricted set of merchandise. Though it has a powerful presence in Gujarat, it lacks energy in different areas. In response to the information, the IPO was subscribed 9.02 instances as traders opted for 10.81 crore fairness shares in opposition to the supply measurement of 1.19 crore.

How a lot is GMP at the moment?

Shares of FMCG firm are buying and selling at par within the grey market at the moment. Which means Gopal Snacks IPO GMP (Gray Market Premium) is zero on Thursday. So, the grey market is indicating that the Gopal Snacks IPO itemizing worth can be round Rs 401.

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2024-03-14 01:57:49
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