Mumbai: Vishal Mega Mart IPO and Inventurus Knowledge Solutions IPO have received excellent response from the investors, subscription data showed. December 13 is the last date to apply for the public offer of Vishal Mega Mart, Inventurus IPO will close for subscription on December 16.
Vishal Mega Mart IPO has turned out to be a big hit amongst the investors. As per the data available till Thursday, the Day 2 of the subscription, the Rs 8,000 crore initial share sale of supermarket chain got fully subscribed. The IPO has fetched 1.53 times subscription. It may be noted that December 13, 2024, i.e., Friday is the last day to apply for the issue
Vishal Mega Mart IPO subscription, GMP
The NSE data showed that the three-day initial public offer (IPO) of Vishal Mega Mart received bids for 1,15,74,96,150 shares while only 75,67,56,757 shares are up for offer. The non-institutional investors category received 3.80 times subscription while the Retail Individual Investors (RIIs) portion was subscribed 1.16 times. By the end of Day 2, the Qualified Institutional Buyers (QIBs) received 48 per cent subscription.
The grey market premium of Vishal Mega Mart IPO is decent. Investorgain reported that the GMP today stood at Rs 16. With the price band of Rs 78, Vishal Mega Mart IPO shares are predicted to be listed at Rs 94 per equity share, which indicates a gain of over 20 per cent.
Inventurus Knowledge Solutions IPO GMP, allotment date
The Inventurus Knowledge Solutions Ltd IPO which opened on December 12, 2024 received bids for 1,40,74,698 shares against 1,03,66,780 shares on offer. The company, which is into the business of providing healthcare support services, got subscribed 1.36 times on the first day of share sale.
Retail Individual Investors (RIIs) category: 1.67 times subscription
Qualified Institutional Buyers (QIBs) portion: 1.54 times subscription
Non-Institutional Investors part: 79 per cent subscription
Inventurus Knowledge Solutions IPO GMP is moving good. According to Investorgain, the Inventurus Knowledge IPO latest GMP was recorded at Rs 375. With the price band of Rs 1329, the shares of the company are expected to be listed with around 28 per cent gains at Rs 1704 apiece.
(Disclaimer: This article is only meant to provide information. News9 does not recommend buying or selling shares or subscriptions of any IPO and Mutual Funds.)
Vishal Mega Mart IPO GMP signals shares expected to be listed with 20 per cent profits while Inventurus Knowledge Solutions IPO GMP indicated a listing gain of 28 per cent. Vishal Mega Mart IPO closes on December 13 and initial public offer of Inventurus closes for subscription on 16 December. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
