Mumbai: Sahasra Electronics Solutions IPO and Divyadhan Recycling Industries IPO opened for subscription on September 26, 2024 and close on 30th September 30. Sahasra Electronics Solutions IPO subscription status on First day of bidding stood at 5.07 times. In the retail category, the public issue received a subscription of 5.34 times, 6.38 times in QIB, and 2.70 times in the NII category.
Divyadhan Recycling Industries IPO received a subscription status of 2.38 times on the first day of bidding. The IPO was subscribed 3.42 times in the retail category, 1.86 times in QIB, and 0.64 times in the NII category.
Sahasra Electronics Solutions IPO GMP, allotment
Sahasra Electronics Solutions IPO, a book built issue of Rs 186.16 crore, opened for subscription on September 26, 2024 and will end on 30th September 30. The IPO price band is fixed in the range of Rs 269-283 per share. The retail investors are required to bid for a minimum lot size of 400 shares, amounting to Rs 113,200. Investors applying via HNI category, are mandated to bid for 2 lots, priced at Rs 226,400.
Sahasra Electronics Solutions GMP stood at Rs 200 on September 27 morning, investorgain reported. With the price band of Rs 283, the shares are expected to be listed with a premium of 70.67 per cent.
Sahasra Electronics Solutions IPO Allotment expected on October 1, 2024
Refunds Process likely to begin on October 3
Shares likely to be credited to the demat accounts of shareholders on October 3
Sahasra Electronics Solutions IPO will list on NSE SME with a tentative date 4th October.
Hem Securities Limited is the book running lead manager
Bigshare Services Pvt Ltd is the registrar for the issue.
The market maker for Sahasra Electronics Solutions IPO is Hem Finlease.
Divyadhan Recycling Industries IPO GMP | Details
Divyadhan Recycling Industries IPO, a book built issue of Rs 24.17 crore. Divyadhan Recycling Industries IPO price band is fixed at Rs 60-64 per share.
Retail investors are required to bid for a minimum lot size of 2000 shares
The minimum amount of investment is Rs 128,000.
HNI category: Minimum lot size is 2 lots, worth Rs amounting to 256,000
Divyadhan Recycling Industries IPO allotment likely on October 1, 2024
Refunds process may begin on 3rd October
Shares likely to be credited to the demat accounts on October 3.
Divyadhan Recycling Industries IPO will list on NSE SME with a tentative date of October 4.
Divyadhan Recycling Industries IPO GMP stood at 0 on September 27 morning.
Narnolia Financial Services Ltd is the book running lead manager
Skyline Financial Services Private Ltd is the registrar for the issue
The market maker is Kantilal Chhaganlal Securities
(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.)
two SME IPOs – Sahasra Electronics IPO and Divyadhan Recycling IPO are open for subscription. Get the GMP, subscription status, allotment and listing details. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
