One of the more successful initial public offers is all set for its listing today on the stock markets. All those bidders who got lucky at the time of allotment would now be eager to find out if the money they spent was wisely done or not. Yes, it is Dee Development IPO listing date today. Considering they have invested time, effort and money in applying for the issue, these subscribers would also be looking at what kind of returns they will get from their money today upon Dee Development IPO listing. Some kind of direction can be taken from Dee Development IPO listing GMP today. While this refers to the grey market premium (GMP), do know that there is nothing official about it and that should remain at the forefront of the mind while making any investing decisions. Dee Development IPO listing looks to be in green.
Dee Development IPO listing will happen on both the Bombay Stock Exchange and the National Stock Exchange from 10 am today and it will be admitted for dealing in the ‘B’ group of securities list.
Dee Development IPO GMP today: So, as far as bidders are concerned, where is their money headed – North or South? Considering that the issue has been so phenomenally successful the former looks likely, but fingers crossed! Dee Development IPO GMP today, according to InvestorGain, is Rs 90. And as the price band is Rs 203, expectations are that Dee Development IPO listing today will be Rs 293, a clear gain of 44.33 per cent!
Speaking to LiveMint, Prathamesh Masdekar, Research Analyst at Stoxbox revealed something even better. He said, “The company is set to list at a premium of around 47 percent.” He did add a proviso by saying that the company is not without risk and challenges, but added that it has emerged as one of the key players in process piping solutions in the country.
Do note that the company is also referred to as Dee Piping Systems.
Dee Development IPO listing date, GMP and more today: Investors are looking for the stock price to make a positive start on stock exchanges today. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
