Moneyview IPO Day 3: GMP Up 41% Over Issue Price, Subscription Crosses 6x; Check Allotment, Listing Date And Should You Apply?
India, Sept. 28 -- The Moneyview IPO is scheduled to close on September 28, marking the final day for investors to place bids in the Rs 1,091.68-crore public issue. The IPO opened on September 24 with a price band of Rs 32 to Rs 34 per share and a lot size of 441 shares.
The issue comprises a fresh issue worth Rs 750 crore and an offer for sale of around Rs 341.68 crore. The shares are proposed to be listed on both the BSE and NSE on October 1.
Moneyview IPO GMP Today
The Moneyview IPO GMP is around Rs 14 per share, representing a premium of roughly 41% over the upper price band of Rs 34. Based on the unofficial grey-market indication, the implied price works out to around Rs 48 per share.
However, GMP is an unofficial market indicato...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.