Confused with 19 IPOs on the Street? Check GMPs to separate buzzing from the boring
By Akash Podishetti, ETMarkets.com |
1/7
19 IPOs: GMPs Signal Investor Buzz
As many as 19 IPOs are currently open for subscription across mainboard and SME platforms. Together, they are seeking to raise over Rs 6,500 crore. Here’s a quick look at the grey market premiums (GMPs) that are setting the tone ahead of listings.
2/7
Praruh Technologies IPO – GMP 5%
The Rs 23.5 crore SME issue has drawn measured bids. GMP is supportive but relatively muted.
3/7
Epack Prefab Technologies IPO – GMP 10%
Backed by strong financials and an order book, the Rs 504 crore IPO is among the more keenly tracked issues this week.
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4/7
Gurunanak Agriculture IPO – GMP 21%
The Rs 28.8 crore fixed-price issue has caught investor attention with one of the stronger GMPs among SMEs.
5/7
Systematic Industries IPO – GMP 8%
The Rs 115.6 crore SME issue has moderate grey market action, reflecting balanced investor sentiment.
6/7
Jain Resource Recycling IPO – GMP 12%
At Rs 1,250 crore, it is the biggest issue in the lot. GMP points to healthy listing expectations.
7/7
BMW Ventures IPO – GMP 2%
The Rs 231.66 crore issue has seen limited buzz. Grey market signals remain subdued.
