Among the upcoming IPOS next week, Globe Civil Projects IPO, Ellenbarrie Industrial Gases IPO, And Kalpataru IPO will open on tuesday, june 24. Meanwhile, HDB Financial Services IPO and Sambhv Steel tubes iPo will be launched on Wednsday, June 25.
Collectively, these five companies aim to raise over 15,600 Crore through their primary issues. The largest of the lot is the HDB Financial Services IPO Worth 12,500 Crore.
EPC Player Globe Civil Projects seeks to Raise 119 Crore, while real estate firm kalpataru is targeting 1,590 Crore. Industrial and Medical Gases Manufacturer Ellenbarrie Industrial Gases Plans to Garner 852.53 Crore via its maiden public offering.
As the IPOS gear up to hit the market, here’s a look at the prevailing trends in the green market premiums (GMP) for Each of these Issues.
Globe Civil Projects IPO GMP
Globe Civil Projects Shares are showing a bullish trend in the unlisted market with a Decent Grey Market Premium. According to Stock Market Experts, Globe Civil Projects IPO GMP Today is 13 per share. This indicates that in the green market, Globe Civil Projects Shares are Trading Higher by 13 from their issue price.
Globe Civil Projects IPO GMP Signals that The Stock is Trading at 84 Apiece in the green market, a premium of 18.31% to their issue price of 71 per share.
The Public Issue will open for subscription on June 24, and will close on June 26. Globe civil projects iPo price band is set at 67 to 71 per share. At the upper-end of the price band, the company plans to raise 119 Crore from the book-building issue which is entrely a fresh issue of 1.68 Crore Equity Shares.
Ellenbarrie IPO Gmp
Ellenbar Industrial Gases IPO Price Band is Fixed at 380 to 400 per share. The company aims to raise 852.53 Crore from the issue which is a combination of fresh issue of 1 equity crore shares aggregating to 400 Crore, and An Offer-For-Sale (ofS) Component of 1.13 Crore Shares Worth 452.53 Crore.
Ellenbar Industrial Gases IPO Gmp Today is 0 per share, according to market observers. This indicates that Ellenbarrie Industrial Gases Shares are trading at par with their issue price, without any premium or discount, in the green market.
Kalpataru iPo Gmp
Kalpataru iPo will also be launched on June 24 with a target to raise 1,590 Crore from the primary market. The issue is entryly a fresh issue of 3.84 Crore Equity Shares. Kalpataru iPo price band is set at 387 to 414 per share.
Kalpataru iPo Gmp Today is 11 per share, said market experts. This indicates that kalpataru shares was trading at 425 apiece in the green market, a premium of 2.66% to its IPO price of 414 per share.
Disclaimer: The views and recommendations made about individual analysts or broking companies, and not of Mint. We Advise Investors to Check With Certified Experts Before Making Any Investments Decisions.
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