Contents
- 1 Beacon Trusteeship IPO GMP Day-wise (Grey Market Premium)
- 2 FAQs
- 2.1 How is the GMP calculated?
- 2.2 What factors influence the GMP?
- 2.3 Is investing based on GMP advisable?
- 2.4 How can I participate in the Beacon Trusteeship SME IPO?
- 2.5 What are the tentative dates associated with the Beacon Trusteeship SME IPO?
- 2.6 What precautions should investors take before investing in an IPO?
Beacon Trusteeship IPO GMP Day-wise: Latest GMP Update: ₹75 (as of June 02, 2024, 23:40 AM)
With the price band set at ₹60.00, Beacon Trusteeship SME IPO‘s estimated listing price stands at ₹131 (price band + latest GMP). This indicates an expected percentage gain/loss per share of approximately 118%.
Retail Subject to Sauda: 144400
Today’s GMP trend suggests a positive movement, indicating a potentially strong listing. The range of GMP fluctuates between ₹10 and ₹90, with the latest trend pointing upwards.
Beacon Trusteeship IPO GMP Day-wise (Grey Market Premium)
| Date | IPO Price | GMP | Sub to Sauda | Estimated Listing Price With Gain % | Last Updated |
|---|---|---|---|---|---|
| 02-06-2024 | ₹60 | ₹75 | 114000 | ₹135 (125% | 02-June-2024 |
| 01-06-2024 | ₹60 | ₹71 | 107900 | ₹131 (118.33%) | 01-June-2024 |
| 31-05-2024 | ₹60 | ₹90 | 136800 | ₹150 (150.20%) | 31-May-2024 |
| 30-05-2024 | ₹60 | ₹95 | 144400 | ₹155 (158.32%) | 30-May-2024 |
| 29-05-2024 | ₹60 | ₹100 | 152000 | ₹160 (166.67% | 29-May-2024 |
| 28-05-2024 | ₹60 | ₹90 | – | ₹150 (150%) | 28-May-2024 |
| 27-05-2024 | ₹60 | ₹90 | – | ₹150 (150%) | 27-May-2024 |
| 26-05-2024 | ₹60 | ₹60 | – | ₹120 (100%) | 26-May-2024 |
| 25-05-2024 | ₹60 | ₹40 | 60800 | ₹100 (66.67%) | 25-May-2024 |
| 24-05-2024 | ₹60 | ₹40 | 60800 | ₹100 (66.67%) | 24-May-2024 |
| 23-05-2024 | ₹60 | ₹40 | 60800 | ₹100 (66.67%) | 24-May-2024 |
| 22-05-2024 | ₹60 | ₹10 | 15200 | ₹70 (16.67%) | 23-May-2024 |
Understanding IPO Grey Market Premium (GMP)
The Grey Market Premium (GMP) reflects the price at which an IPO is traded unofficially before its listing. It provides insights into how the IPO might perform on its listing day. A positive GMP suggests potential profits, while a negative GMP indicates a possible discount.
Important Dates for Beacon Trusteeship SME IPO
- SME IPO Open Date: 28-05-2024
- SME IPO Close Date: 30-05-2024
- Allotment Finalisation Date: 31-05-2024
- Refunds Initiation*: 03-06-2024
- Credit of Shares to Demat Account: 03-06-2024
- SME IPO Listing Date*: 04-06-2024
Disclaimer: The information provided here is for educational and informational purposes only and should not be considered as investment advice. Readers are advised to consult with a qualified financial advisor before making any investment decisions. Investing in equity markets involves inherent risks, and individuals should exercise caution. The author does not intend to invest in this offering.
FAQs
How is the GMP calculated?
The GMP is calculated by subtracting the IPO price from the grey market trading price. It reflects the premium or discount at which the IPO is being traded before listing.
What factors influence the GMP?
Several factors can influence the GMP, including market demand for the IPO, the company’s financial performance, industry prospects, and overall market conditions.
Is investing based on GMP advisable?
No, it’s not advisable.
How can I participate in the Beacon Trusteeship SME IPO?
To participate in the IPO, investors need to have a Demat account with a registered broker. During the IPO’s subscription period, investors can place their bids through the broker’s platform.
What are the tentative dates associated with the Beacon Trusteeship SME IPO?
The SME IPO Open Date is scheduled for 28-05-2024, and the Close Date is 30-05-2024. Other important dates include the Basis of Allotment Finalisation Date, Refunds Initiation Date, Credit of Shares to Demat Account Date, and SME IPO Listing Date.
What precautions should investors take before investing in an IPO?
Investors should conduct thorough research on the company, its business model, financials, industry trends, and competitive landscape. Consulting with a financial advisor and carefully reading the IPO prospectus can also provide valuable insights.
