New Delhi: Jay Bee Laminations IPO, a book built issue of Rs 88.96 crores, opens for subscription on August 27, 2024 and ends on 29th August. The initial public offer price band is fixed in the range of Rs 138 to Rs 146 per share. The retail investors are required to apply for a minimum lot size of 1000 shares, for which one has to invest Rs 146,000. High-Networth Individuals (HNI) are required to apply for a minimum 2 lots, i.e., 2,000 shares.
Jay Bee Laminations IPO GMP today
As per investorgain, latest Jay Bee Laminations IPO GMP stands at Rs 85. With the price band of Rs 146, the shares are expected to be listed at Rs 231, which means the stock is likely to get listed with a gain of over 58 per cent. It may be noted that GMP is just an indication and not an official figure.
Jay Bee Laminations IPO allotment, listing details
Jay Bee Laminations SME IPO is a combination of fresh issue of 45.7 lakh shares aggregating to Rs 66.72 crores and offer for sale of 15.23 lakh shares. Jay Bee Laminations IPO raised Rs 24.97 crore from anchor investors.
The shares of Jay Bee Laminations SME IPO are expected to be allotted on August 30, 2024, while the process to initiation of Refunds is likely to start on September 2. The shares are expected to be credited to the successful applicants on September 2, while the stock would be listed on NSE with a tentative date on September 3.
Jay Bee Laminations IPO book running lead manager: Swaraj shares and securities private limited, while Bigshare Services Pvt Ltd is the registrar for the issue. Shreni Shares is the market maker.
(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.)
Jay Bee Laminations IPO opens for subscription on August 27, 2024. Jay Bee Laminations IPO GMP today indicates that the shares are expected to be listed at a premium of over 58 percent. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
