Deepa Jewellers IPO Day 2: GMP hints 25% listing gain. Check subscription, review, key dates. Apply or skip?
New Delhi, Sept. 2 -- The Deepa Jewellers IPO opened for subscription on Tuesday, 1 September, and will close on Thursday, 3 September. The Deepa Jewellers IPO price band has been fixed at Rs.168 to Rs.177 per equity share, with a face value of Rs.2 per share. The Deepa Jewellers IPO lot size is 84 equity shares, and investors can bid in multiples of 84 shares thereafter.
Deepa Jewellers IPO GMP today, or grey market premium, is +44. Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of Deepa Jewellers share price was indicated at Rs.221 apiece, which is 24.86% higher than the IPO price of Rs.177.
Under the issue reservation, not more than 50% of the shares have been r...
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