Australian Premium Solar(India) IPO GMP, Grey Market Premium Today

Explore Australian Premium Solar(India) IPO GMP rates as of today – which includes Grey Market Premium rates is Rs30, stay updated for all the latest IPO GMP numbers from Australian Premium Solar.

Australian Premium Solar(India)

Australian Premium Solar(India) IPO GMP

Grey Market Price (GMP) trading typically begins 4-5 days prior to an IPO opening and continues up until listing date. We already have GMP data from Australian Premium Solar (India) Ltd for three days which should provide an adequate glimpse of its likely listing.

Australian Premium Solar GMP can be affected by two key elements. First is market conditions – particularly liquidity conditions in the market – which have an enormous influence. Furthermore, subscription levels to an IPO also has a substantial bearing on its GMP as they indicate investor enthusiasm for that stock and can make its listing at a discount from its issue price more likely than not.

Keep this in mind – GMPs should only ever be considered informal price points, not official ones. In most instances however, GMPs have proven effective as informal benchmarks of demand and supply during an IPO offering process and post listing performance of stocks post listing.

GMP provides an accurate reflection of real stock performance; more so than price alone, its trend gives insight as to where momentum may lie. Here is an update for Australian Premium Solar (India) Ltd for which data was available over 3 days: GMP is below 0.20 as an indication.

Australian Premium Solar(India) GMP updated Rates:

DateGMPPrice RangeExpected GainsSubjected To
Today₹30₹51 – ₹5455.56%₹45000
13 January 2024₹30₹51 – ₹5455.56%₹45000
12 January 2024₹30₹51 – ₹5455.56%₹45000
11 January 2024₹30₹51 – ₹5455.56%₹45000
10 January 2024₹30₹51 – ₹5455.56%₹35000
9 January 2024₹24₹51 – ₹5444.44%₹35000
8 January 2024₹20₹51 – ₹5437.04%₹-
7 January 2024₹10₹51 – ₹5418.52%₹-

After the issue opens on 11 January 2024 and subscription numbers begin rolling in post issue opening date on 11th January 2024, we must carefully monitor their impact on GMP. Historically, stocks that experienced oversubscription in their initial public offerings saw significant positive shifts in grey market pricing, such as Australian Premium Solar (India) Ltd which has demonstrated solid momentum on grey markets pricing since their IPO opening day opening.

Australian Premium Solar (India) Ltd’s initial public offering (IPO) price, Rs54 per share, suggests the likely listing price will likely be approximately Rs74 as determined by GMP on 8 January 2024. As this indicator can change rapidly over time, subscribers to stock subscription updates would provide insight into future GMP trends.

Australian Premium Solar (India) Ltd’s GMP of Rs20 on an upper band booking building IPO price of Rs54 represents a modest 37.04% listing premium over its IPO issue price, presupposing an approximate listing price of approximately Rs74 when they list on 18 January 2024. Naturally, all assumptions should be treated with caution – look to trends rather than absolute numbers when making decisions relating to listing status.

IPO Open:January 11, 2024
IPO Close:January 15, 2024
IPO Size:Approx ₹28.08 Crores, 5,200,000 Equity Shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹51 to ₹54 Per Equity Share
IPO Listing on:NSE SME
Retail Quota:35% of the net offer
QIB Quota:50% of the net offer
NII Quota:15% of the net offer
DRHP Draft Prospectus:Click Here

Where can I check on my Australian Premium Solar(India) IPO allotment status?

Once your allotment has been approved, there are various channels through which to track its status:

KFin Tech Website: As official registrar to this issue, KFin Technologies Ltd will host allotment status on their website.

link:https://ris.kfintech.com/ipostatus/https://ris.kfintech.com/ipostatus/

BSE website: If you want to check allotment status online, the Bombay Stock Exchange (BSE) provides an allotment status feature through their website that’s accessible via their allotment portal. Simply use their allotment status dashboard.

link: https://www.bseindia.com/investors/appli_check.aspx and click on the Australian Premium Solar(India) IPO from the options.

Demat account: Your Demat account provider might also display the allotment status within your account portal.

Conclusion:

Australian Premium Solar(India) anticipated initial public offering (IPO) presents an attractive investment opportunity within the rapid expansion in the power sector and reducing global average temp. they can support global health by creating pollution free environment . While all details regarding its planned offering remain to be finalised, its impressive track record and growth prospects make this offering notable. To maximize returns and ensure maximum returns from Jyoti’s offering it should be closely tracked to achieve maximum return returns; although Jyoti shows promise it should still be monitored closely in order to maximize returns from your investments.

Disclaimer:

This article should only be taken for general guidance & should not be seen as financial advice. Before making any investment decisions based on information found herein, always seek professional financial adviser advice first.

What is Australian Premium Solar(India) IPO GMP Today?

As far the current data the Australian Premium Solar(India) GMP is ₹35.

What is Australian Premium Solar IPO Subject to Sauda Price Today?

The current price is ₹45000.

Australian Premium Solar IPO Expected Returns?

Australian Premium Solar most expected return is 56%.

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