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GSM Foils IPO GMP is updated here daily.
The Grey Market Premium (GMP) provides insights into how an Initial Public Offering (IPO) might perform on its listing day. While it reflects unofficial trading activity before listing, it’s important to note that GMP is subject to volatility and should not be the sole basis for investment decisions.
Latest Trends Of GSM Foils IPO GMP
Table: Day-wise GSM Foils SME IPO GMP Trend
| GMP Date | IPO Price | GMP | Sub To Sauda | Estimated Listing Price | Last Updated |
|---|---|---|---|---|---|
| 31-05-2024 | ₹32.00 | ₹5 | — | ₹37 (15.62%) | 31-May-2024 12:20 |
| 30-05-2024 | ₹32.00 | ₹5 | — | ₹37 (15.62%) | 30-May-2024 02:20 |
| 29-05-2024 | ₹32.00 | ₹10 | — | ₹42 (31.25%) | 29-May-2024 02:05 |
| 28-05-2024 | ₹32.00 | ₹10 | — | ₹42 (31.25%) | 28-May-2024 22:40 |
| 27-05-2024 | ₹32.00 | ₹8 | — | ₹40 (25%) | 27-May-2024 00:01 |
| 27-05-2024 | ₹32.00 | ₹8 | — | ₹40 (25%) | 27-May-2024 13:14 |
| 26-05-2024 | ₹32.00 | ₹8 | — | ₹40 (25%) | 26-May-2024 01:14 |
| 25-05-2024 | ₹32.00 | ₹8 | — | ₹40 (25%) | 25-May-2024 02:14 |
| 24-05-2024 | ₹32.00 | ₹7 | — | ₹39 (21.88%) | 24-May-2024 17:14 |
| 23-05-2024 | ₹32.00 | ₹5 | — | ₹37 (15.62%) | 23-May-2024 10:14 |
| 22-05-2024 | ₹32.00 | ₹0 [No Change] | — | ₹32 (0%) | 22-May-2024 00:25 |
| 21-05-2024 | ₹32.00 | ₹0 [No Change] | — | ₹32 (0%) | 21-May-2024 11:25 |
| 20-05-2024 | ₹32.00 | ₹0 [No Change] | — | ₹32 (0%) | 20-May-2024 11:25 |
| 19-05-2024 | ₹32.00 | ₹0 [No Change] | — | ₹32 (0%) | 19-May-2024 20:43 |
| 18-05-2024 | ₹32.00 | ₹0 [No Change] | — | ₹32 (0%) | 19-May-2024 0:44 |
| 17-05-2024 | ₹32.00 | ₹0 [No Change] | — | ₹32 (0%) | 18-May-2024 0:33 |
Investment Opportunity
The IPO of GSM Foils SME is set to open on 24th May 2024 and close on 28th May 2024. The basis of allotment, refund initiation, and credit of shares to the Demat account are tentatively scheduled for 29th May 2024, 30th May 2024, and 30th May 2024 respectively. The listing date is anticipated to be on 31st May 2024.
Expert Assistance
For those interested in exploring SME IPOs, our experts are available to provide guidance and support.
Disclaimer
All information provided here is for educational purposes only. Readers are advised to consult a qualified financial advisor before making any investment decisions. Investing in equity markets carries inherent risks, and decisions should be made with careful consideration.
Conclusion
Stay updated with the daily GMP trends for GSM Foils SME IPO to make informed investment decisions.
FAQs
What is GSM Foils SME IPO?
GSM Foils SME IPO refers to the Initial Public Offering (IPO) launched by GSM Foils, a small and medium-sized enterprise (SME) company, to raise funds by offering shares to the public for the first time.
What is Grey Market Premium (GMP) about the GSM Foils SME IPO?
Grey Market Premium (GMP) is the price at which the IPO shares are traded unofficially in the grey market before their official listing on the stock exchange. It provides an indication of the potential listing price and market sentiment towards the IPO.
How often is the GMP updated for GSM Foils SME IPO?
The GMP for GSM Foils SME IPO is updated daily based on grey market activities and recent trends. Investors can check for the latest updates to gauge the current market sentiment towards the IPO.
