V L Infraprojects IPO GMP today: The initial public offering season looks like it is never going to end, much to the joy of investors who have fallen over each other to invest. And the best part of the whole IPO exercise is that small and medium enterprises (SME) are stealing the thunder. They are getting oversubscribed multiple times over and then listing with better-than-average gains on the stock markets. The gains have been so big that SEBI had to crack down and slap a cap on gains. In short, there is liquidity in the market and the investors are willing to take the risk even on small companies. And that brings us to how well V L Infraprojects IPO is doing.
V L Infraprojects has a water infrastructure and sewerage business that spans various states including Telangana, Madhya Pradesh, and Karnataka. Two of them are big states with massive demand and the third is small, but infrastructure requires a big boost. This augurs well for the company going forward. It also has links with Gujarat. That means, it is time for investors to do some research on their own as well as check V L Infraprojects IPO GMP today after the allotment status was revealed. Also, check V L Infraprojects IPO listing gain, price too as per the grey market.
V L Infraprojects IPO GMP today, July 26
V L Infraprojects IPO GMP today is Rs 62, according to InvestorGain. It was Rs 55 earlier. At the price band of Rs 42 (upper end), the estimated V L Infraprojects IPO listing price may be Rs 104. In effect, that indicates the grey market expectations for V L Infraprojects IPO gain is 147.62 per cent. Do note that the grey market has unofficial figures only.
V L Infraprojects IPO allotment date
V L Infraprojects IPO allotment date is July 26. However, investors should note that the refunds initiation for all those investors who did not get lucky during the allotment process, will start from July 29. These are all tentative dates. The book-running lead manager is Beeline Capital Advisors, the registrar is Skyline Financial Services and the market maker for the IPO of V L Infraprojects is Spread X Securities.
V L Infraprojects IPO listing date
V L Infraprojects IPO listing date is expected to be July 30.
V L Infraprojects IPO subscription
V L Infraprojects IPO subscription started on Tuesday, July 23, and it closed on Thursday. The subscription so far on day 3 is a whopping over 415x. V L Infraprojects IPO subscription, retail portion, was oversubscribed by over 618x, NII portion by over 418 times and the QIB quota by over 58x. The bids received in V L Infraprojects IPO are 1,21,49,46,000 shares against 29,22,000 shares, Chittorgarh data shows. V L Infraprojects IPO price band is Rs 39 to Rs 42 per share and carries a face value of Rs 10. An offer for sale component has not been rolled out in this IPO.
V L Infraprojects IPO GMP today has jumped even higher to Rs 62 on allotment date; investors should check V L Infraprojects IPO listing gain, price too as per grey market. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
