Ambey Laboratories IPO GMP falls on listing day; What is the listing price prediction?

Ambey Laboratories IPO GMP falls on listing day; What is the listing price prediction?

New Delhi: Thursday, July 11, 2024 marks Ambey Laboratories Initial Public Offer (IPO) listing day. Ambey Laboratories IPO GMP today, which is Thursday, Jully 11, had a bit of a hiccup. Will impact Ambey Laboratories IPO listing gains? Albeit, Ambey Laboratories IPO Subscription Status was full multifold on the last day of subscription on July 8, 2024. According to the FMCG company stock’s latest premium in the grey market, the Ambey Laboratories IPO listing price prediction of Rs 96 can be made.

Ambey Laboratories IPO GMP today

The Small and Medium Enterprise (SME) Ambey Laboratories’ stocks’ premium in the grey market has gradually fallen ever since the Rs 44 crore SME IPO closed for subscription. Stock market experts had opined that the National Stock Exchange’s (NSE) recent diktat on capping premium listing gains to 90 per cent would impact company’s GMP as well. Ambey Laboratories IPO GMP today fell to Rs 28, according to Investor Gain.  Albeit, the FMCG company’s stock’s latest grey market premium and Ambey Laboratories IPO price band upper limit of Rs 68 indicate Ambey Laboratories IPO listing gains of 41 per cent. However, GMP cannot be considered as an official number.

Ambey Laboratories IPO Subscription Status

Ambey Laboratories IPO Subscription Status reached huge 173 times by the end of the three day SME IPO, according to Chittorgarh. While, Ambey Laboratories IPO retail subscription status stood at massive 195X. The Non Institutional Investors’ (NII) category was oversubscribed 324 times the alloted size. Ambey Laboratories IPO QIB subscription status was full nearly 62X the allotted size.

Ambey Laboratories IPO Allotment Status

Those who got allotment in the SME IPO can check  status either on NSE’s website or on the company’s registrar’s website – ‘LINKIntime.’ Ambey Laboratories IPO Allotment Date was Tuesday, July 9, 2024. The IPO shares of the FMCG company got credited to the demat accounts of eligible investors on Wednesday.  While, those who couldn’t get subscription, for them, the refund process had begun on Wednesday as well. The public issue had opened for subscription on Thursday, July 04.

(Disclaimer: This article is only meant to provide information. News9live.com does not recommend buying or selling shares or subscriptions of any IPO and Mutual Funds.)

 Ambey Laboratories IPO GMP today: The FMCG company’s falling GMP may impact the Ambey Laboratories IPO listing price prediction on Thursday, July 11, 2024.  Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today