All the 3 companies offering these public issues – NeoPolitan Pizza and Foods, Subam Papers and Paramount Dye Tec – are SMEs. Neopolitan Pizza and Food intends to raise Rs 12 crore through this IPO while Subam Papers and Paramount Dye is mopping up Rs 93.70 crore and Rs Rs 28.43 crore respectively.
The price of one equity share of NeoPolitan Pizza and Foods is 20. The price band of a share Subam Papers is Rs Rs 144-152 while that of Paramount Dye Tec is Rs 111-117.
NeoPolitan Pizza and Foods subscription status, GMP
The issue has been subscribed 2.78 times overall while the retail portion has been subscribed 5.12 times till the morning of October 2.
According to investorgain, the NeoPolitan Pizza and Foods GMP stood at 0 on the morning of October 2, indicating no listing gains. However, this unofficial estimate can change with time.
NeoPolitan Pizza and Foods allotment date
The allotment will be finalised on October 7. The listing is expected 2 days later – on October 9 at BSE SME.
The minimum lot for the shares of this IPO is 6,000 shares for a retail investor, which will cost him/her Rs 1.2 lakh.
Subam Papers subscription status, GMP
Overall the IPO of Subam Papers has been subscribed 3.29 times, while its retail portion has 5.47 times oversubscription.
According to investorgain, the Subam Papers GMP steadily rose from 0 on September 26 to Rs 15 on September 27, Rs 40 on September 28, Rs 55 on September 29, Rs 60 on September 30 and has been ruling at that level since. GMP of Rs 60 signals a listing gain of 39.47%.
Subam Papers share allotment date
The last date for bidding for this share is October 3. Allotment will take place on October 4. The listing will happen at BSE SME 4 days later – on October 8. For a retail investor, the minimum lot has 800 shares that carries a cost of Rs 121,600.
Paramount Dye subscription status, GMP
The Paramount Dye Tec IPO has been subscribed 1.51 times overall and its retail part has been oversubscribed 2.82 times.
The GMP of Paramount Dye Tec stood at Rs 0 on October 2, according to investorgain showing no listing gains.
Paramount Dye allotment date
The allotment of shares will happen on October 4 and the listing will happen on October 8 on NSE SME. The minimum lot will cost a retail investor Rs 140,400 as it contains 1,200 shares.
(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.)
October 4 is the last date to apply for subscription to the IPO of NeoPolitan Pizza and Foods. But bidding for Subam Papers and Paramount Dye Tec closes on Ocotober 3. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
