NSE IPO GMP hints 7% listing pop on Day 1: Check key dates, subscription, review. Should you apply or not?
New Delhi, Sept. 17 -- The NSE IPO will open for subscription on Thursday, 17 September, and will close on Monday, 21 September. The NSE IPO price band has been set at Rs.1,700- Rs.1,785 per equity share, with a face value of Re 1 per share. The NSE IPO lot size is 8 equity shares, and bids can be placed in multiples of 8 shares thereafter. NSE IPO subscription for the public issue will open at 10:00 IST on Thursday during the deals.
NSE IPO GMP today, or grey market premium, is +125. Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of NSE share price was indicated at Rs.1,910 apiece, which is 7% higher than the IPO price of Rs.1,785.
Considering trading activity ove...
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