SBI Funds Management IPO vs Alpine Texworld IPO: Which issue should you subscribe? Check what latest GMP signals
New Delhi, July 14 -- Two Initial Public Offerings (IPOs)-SBI Funds Management and Alpine Texworld-opened for subscription on Monday, July 14, keeping the primary market in focus as investors track subscription trends and the latest grey market premium (GMP).
Here's a comparison of the two issues, including their latest GMP, issue details and key dates.
The SBI Funds Management IPO is commanding a GMP of Rs.100. Based on the upper price band of Rs.574, the estimated listing price stands at Rs.674 per share, indicating a potential listing gain of 17.42% over the issue price.
The company has fixed the price band at Rs.545-574 per equity share. The Rs.11,692.91 crore public issue is entirely an Offer for Sale (OFS) comprising 20.37 crore ...
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