Glass Wall Systems IPO vs Prasol Chemicals IPO vs Kanohar Electricals IPO: What GMP signals ahead of these upcoming IPOs
New Delhi, Sept. 7 -- The primary market is set for a busy week, with three companies - Glass Wall Systems (India) Ltd, Prasol Chemicals Ltd and Kanohar Electricals Ltd - scheduled to launch their initial public offerings (IPOs) on Tuesday, 8 September. All three issues are awaiting their anchor-investor allocations today ahead of the public subscription.
The IPOs will remain open from 8 September to 10 September, with the equity shares proposed for listing on the BSE and NSE on 16 September.
Let's take a look at the issue details and grey market premium (GMP) trends for the upcoming IPOs:
Glass Wall Systems IPO GMP today, or grey market premium, is +35. Considering the upper end of the IPO price band and the current premium in the gre...
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