IPO GMPs: Scoda Tubes IPO enters the IPO race today, attracting enthusiastic investors as it reached full subscription in just a few hours. Leela Hotels IPO and Aegis Vopak Terminals IPO were completely booked today, with Qualified Institutional Buyers (QIBs) engaging with the offerings on the third day of the bidding process. Prostarm Info Systems IPO appears to maintain its positive trend on the second day of bidding.
Gaurav Garg from Lemonn Markets Desk noted that the GMP for the Leela Hotel IPO stayed unchanged, signaling a careful sentiment and a lack of significant listing expectations among market players. Those looking at a mid to long-term investment perspective should consider subscribing. Meanwhile, the Aegis Vopak Terminals IPO experienced a lukewarm response from investors, and the GMP remained stable, reflecting weak demand and low expectations for the listing day.
Let’s take a look at the grey market premium trends:
IPO GMPs
Scoda Tubes IPO GMP today is +18. This indicates Scoda Tubes share price is trading at a premium of ₹18 in the grey market, according to investorgain.com.
Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of Scoda Tubes share price is indicated at ₹158 apiece, which is 12.86% higher than the IPO price of ₹140.
According to the last six sessions of grey market activities, the present GMP ( ₹18) indicates a trend towards decline. The minimum GMP recorded is ₹16.00, whereas the maximum is ₹22.00, as noted by experts from investorgain.com.
Prostarm Info Systems IPO GMP today is +19. This indicates Prostarm Info Systems share price is trading at a premium of ₹19 in the grey market, according to investorgain.com.
Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of Prostarm Info Systems share price is indicated at ₹124 apiece, which is 18.10% higher than the IPO price of ₹105.
According to the activities observed in the grey market over the last nine sessions, today’s Prostarm Info Systems IPO GMP is trending upwards, indicating a robust listing expectation. The minimum GMP recorded is nil, while the maximum stands at ₹25, as stated by experts at investorgain.com.
Leela Hotels IPO GMP today is +2. This indicates Leela Hotels share price is trading at a premium of ₹2 in the grey market, according to investorgain.com.
Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of Leela Hotels share price is indicated at ₹437 apiece, which is 0.46% higher than the IPO price of ₹435.
According to the grey market activities from the past 12 sessions, today’s IPO GMP for Leela Hotels is showing an upward trend, signalling a strong listing pop. The minimum GMP recorded is nil, whereas the maximum GMP is ₹20, as per experts from investorgain.com.
Aegis Vopak Terminals IPO GMP today is +1. This indicates Aegis Vopak Terminals share price is trading at a premium of Re 1 in the grey market on Monday, according to investorgain.com.
Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of Aegis Vopak Terminals’ share price was indicated at ₹236 apiece, which is 0.43% higher than the IPO price of ₹235.
According to the trends observed in the last nine sessions of grey market activities, the current IPO GMP is on an upward trajectory, with Aegis Vopak stock anticipated to have a robust listing. The minimum GMP recorded is nil, whereas the maximum GMP stands at ₹15, as per the specialists at investorgain.com.
Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
