New Delhi: Premier Energies IPO and Vdeal System SME IPO are open for subscription till August 29, 2024. Premier Energies IPO price band is set in the range of Rs 427 to Rs 450 per share. Vdeal System IPO price is Rs 112 per share.
Premier Energies IPO GMP, subscription status
Premier Energies IPO, a book-built issue of Rs 2,830.40 crores, opened for subscription on August 27, 2024 and will close on 29th August. The IPO was subscribed 2.17 times, with 1.91 times in the retail category, 0.04 times in Qualified Institutional Buyer (QIB) category, and 5.53 times in the Non-Institutional Investors (NIIs) category by 27th August.
Investorgain reported that Premier Energies IPO GMP early morning (Wednesday) stood at Rs 395. With the price band of 450, the shares of the company are expected to be listed with gain of over 87 per cent, which means the listing price could be Rs 845. It may be noted that GMP data are not official figures.
The Premier Energies IPO allotment is expected to take place on August 30 Frida, while the initiation of refunds process would take place on September 2. The shares are likely to get credited to the demat accounts of successful applicants on 2nd September. The shares will list on BSE, NSE with a tentative date September 3.
Vdeal System IPO GMP, subscription status
Vdeal System IPO, a fixed price issue of Rs 18.08 crores, opened for subscription on August 27, 2024 and will close on 29th August. As per data available till August 27, Vdeal System IPO recorded 4.51 times subscription on its first day of opening; 7.80 times in the retail category, 1.22 times in Other category.
Vdeal System SME IPO GMP today morning stands at Rs 20, as per investorgain. With the price band set at Rs 112, the shares of the SME IPO are expected to get listed at Rs 132, which means a premium of nearly 18 per cent
The Vdeal System IPO allotment is estimated to take place on August 30, while the shares will list on NSE SME with a tentative date on September 3. The shares are likely to be credited to the Demat accounts of eligible shareholders on September 2.
(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.)
Premier Energies IPO GMP indicates the shares are expected to get listed at a premium of over 87 per cent. Vdeal System SME IPO GMP indicates a listing shares at 18 per cent premium. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
