Broach Lifecare IPO GMP today, listing, price: All those investors who got lucky during the Broach Lifecare IPO allotment process would be eager to find out what the future holds for them. The issue falls under the small and medium enterprises (SME) segment. The company operates the Maple Hospital chain and provides specialised treatment and diagnosis of heart ailments. So, what is the grey market premium (GMP) signalling? Will it be good times for investors or not?
Broach Lifecare IPO details: Subscription price, size
Broach Lifecare IPO opened for subscription priced at Rs 25 apiece. The overall IPO size is Rs 4.02 crore. There were 16.08 lakh freshly issued shares with a minimum lot size of Rs 1.50 lakh for 6,000 shares available during the subscription period.
Broach Lifecare Hospital IPO GMP
Much to investors’ worry, Broach Lifecare Hospital IPO GMP, according to InvestorGain is neither positive nor negative. It has been listed at Rs 0. Therefore, Broach Lifecare IPO listing price is set to be the same as the IPO, which is Rs 25 apiece. The grey market is signalling a negative trend for the issue so far with investors unwilling to pay any premium. However, do remember that the grey market is not an official gauge.
Broach Lifecare Hospital IPO listing date
While share allotment was finalised on August 19, 2024 and refunds made on August 20, 2024, Broach Lifecare IPO listing is slated for August 21, 2024, which is tomorrow.
Broach Lifecare IPO listing will happen on the Bombay Stock Exchange (BSE) SME index.
While the unofficial grey market has signalled its belief, it remains to be seen exactly how good the debut of Broach Lifecare IPO will be tomorrow. The only good thing, going forward that investors can eye, is that the wider markets have been rising.
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