IPO GMPs: Kusumgar IPO vs Laser Power IPO vs SBI Funds Management IPO vs Alpine Texworld IPO - here's what GMP hints
New Delhi, July 13 -- Four public issues are set to keep the IPO market in focus this week as investors track new launches, subscription trends, and allotment updates. While the SBI Funds Management IPO and Alpine Texworld IPO are opening for subscription, investors are also awaiting the Kusumgar IPO allotment and closely monitoring the Laser Power IPO subscription status, making it a busy week for the primary market.
Let's take a look at the issue details and grey market premium (GMP) trends for the current and upcoming IPOs:
Kusumgar IPO GMP today is +160. Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of the Kusumgar share was Rs.579 apiece, which is 38.19% high...
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