New Delhi: August 16, 2024, i.e. Friday is the last day to apply for two SME IPOs – Solve Plastic Products IPO and Broach Lifecare Hospitals Limited IPO. The two initial public offer opened for subscription on August 13.
Solve Plastic Products IPO GMP, subscription status
As per the latest information available, Solve Plastic Products IPO, a fixed price issue of Rs 11.85 crores, has a subscription status of 7.58 times. The IPO has been subscribed 13.30 times in the retail category, and 1.86 times in the NII category.
The Solve Plastic Products IPO is expected to be allotted on August 19, 2024. The shares of Solve Plastic will list on NSE SME likely on 21st August. The refund process is projected to kickstart on August 20 and the shares are likely to be credited to the demat accounts of eligible shareholders on the same day.
As per investorgain, Solve Plastic Products IPO GMP today is Nil, which means shares are expected to make a muted debut. The IPO price is fixed at Rs 91 per share and a retail investor is required to apply for a minimum lot size of 1200 shares, for which minimum amount of investment required is Rs 109,200. High-Networth Individuals are required to apply for a minimum lot size investment of 2,400 shares amounting to Rs 218,400.
Broach Lifecare Hospital IPO GMP, subscription status
Broach Lifecare Hospital IPO, a fixed price issue of Rs 4.02 crores, opened for subscription on August 13, 2024 and is set to close on 16th August, i.e., today. The allotment for the Broach Lifecare Hospital IPO is expected to be finalized on Monday, August 19, 2024. Broach Lifecare Hospital IPO will list on BSE SME with tentative listing date fixed as Wednesday, August 21, 2024.
Broach Lifecare Hospital IPO subscription status: The IPO is subscribed 30.33 times, as per the latest information. In the retail segment, the SME IPO has been subscribed 53.69 times, and 6.96 times in other category.
Broach Lifecare Hospital IPO price is set at Rs 25 per share. The retail investors are mandated to apply for a minimum lot size of 6000 shares, and for HNI it is 2 lots. Broach Lifecare Hospital IPO GMP stands at Rs 0, investorgain reported. The grey market premium price indicates that the shares are expected to be listed at a zero premium.
(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.)
Solve Plastic Products IPO and Broach Lifecare Hospitals Limited IPO will close for subscription on August 16, 2024. Know the GMP and subscription status of the two SME IPOs. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
