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Homeबड़ी सोचVishnu Prakash R Punglia Ltd IPO GMP Today, Review, Lot Size, Share...

Vishnu Prakash R Punglia Ltd IPO GMP Today, Review, Lot Size, Share Price Live

Vishnu Prakash R Punglia Ltd IPO GMP Today : Vishnu Prakash R Punglia Ltd IPO commenced on August 24, 2023, and is available to all investors. The IPO has receive positive feedback from investors in its initial stages and will remain open until August 28, 2023. If investors wish to participate in this IPO, they now have the option to invest in it directly through their Demat account. However, it is vital for them to gather information about the company before placing any bids. This article will provide you with all the necessary details including Vishnu Prakash R Punglia Limit IPO GMP today, subscription status, lot size, and other important information. Make sure to read the entire article for a comprehensive understanding.

If you’re keeping an eye on the stock market, you may have heard about the upcoming IPO of Vishnu Prakash R Punglia Ltd. But what exactly is IPO GMP and why should you care? In this blog post, we’ll break down everything you ne to know about Vishnu Prakash R Punglia Ltd IPO GMP and how it can impact your investment decisions. From understanding the basics of IPOs to analyzing the current market sentiment, we’ll provide you with the information you need to make inform choices in the stock market. So, grab your notepad and get ready to dive into the world of Vishnu Prakash R Punglia Ltd IPO GMP!

Vishnu Prakash R Punglia Ltd IPO GMP Today

If you are looking to increase your income by participating in an IPO, we recommend reading this article. Here, we offer details on the latest IPO, with a specific focus on the ongoing Vishnu Prakash R Punglia Ltd IPO. The bidding period for this IPO will run until August 28. Vishnu Prakash R Punglia Limited Company is known for its expertise in designing and constructing various projects. It is worth noting that retail investors can begin placing their bids for the Vishnu Prakash R Punglia Ltd IPO starting from August 24.

Vishnu Prakash R Punglia Ltd has recently launch an Initial Public Offering (IPO) in which 100% of the shares are newly issue. This offers an opportunity for new investors to participate by submitting bids. The article provides details about the current General Market Price (GMP) of Vishnu Prakash IPO, as well as information on the lot size and price band. Be sure to read the entire article for more information.

Vishnu Prakash R Punglia Ltd IPO GMP Today

Vishnu Prakash R Punglia Ltd IPO GMP Today Details

Name of the company  Vishnu Prakash R Punglia Ltd 
IPO opening date  24th August 2023 
IPO close date  28th August 2023 
IPO price band 94-99 per share 
Lot size  150 share 
Issue size  308.88 crore 
Employee discount  9 per share 
Issue type  Book built IPO 
Listing at  BSE & NSE 
Listing date  5th September 2023 
Article Category  NEWS
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Vishnu Prakash R Punglia Ltd IPO GMP Today

It is crucial to have knowledge of the Grey Market Premium (GMP) before placing a bid on any IPO. The GMP indicates the current trading volume of the IPO and also provides insight into its potential profitability. Retail investors frequently seek information about the GMP of IPOs online. In this instance, we are providing you with the GMP of Vishnu Prakash R Punglia Ltd IPO as of today.

According to the market observer, the current trading price of Vishnu Prakash R Punglia Ltd IPO is Rs 65. Let’s discuss the GMP (Grey Market Premium) for this IPO.

Vishnu Prakash R Punglia Ltd IPO GMP Subscription Status

As of 12.04 PM, there has been a strong interest from investors in the Vishnu Prakash R Punglia Ltd IPO, with a subscription ratio of 1.89 times for retail investors and 1.51 times for the NII portion.

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Vishnu Prakash R Punglia Ltd IPO – About The Company 

The company is presenting investors with a chance to acquire 100% newly issued shares. With this initial public offering, the company aims to raise 308.88 crore rupees. The company specializes in design and construction services for projects undertaken by state and central government bodies, autonomous organizations, and private entities across nine states in India. It has consistently achieve substantial growth throughout its existence. In the financial year 2023, the company’s revenue was project to be 1171 crore rupees, while it generate 787 crore rupees in the financial year 2022.

Vishnu Prakash R Punglia Ltd IPO Price Band

Vishnu Prakash R Punglia Ltd has set the price range for its IPO at 94 to 99 per equity share. The allocation price for the IPO will be reveal after the book building process is finish. The allocation announcement will take place on August 31st, 2023, and the stock is anticipate to be list on both BSE & NSE by September 5th, 2023. Previously, it was report that the company raise a total of 91.77 crore rupees through anchor investors.

Vishnu Prakash R Punglia Ltd IPO Lot Size 

In order to participate in this IPO, investors must place a bid for at least 150 shares in a single lot. Retail investors are require to invest a minimum amount of 14,850 rupees for one lot. The maximum investment limit is set at 13 lots, equivalent to 1,93,050 rupees. For retail investors, the maximum amount that can be invested in an IPO is 2 lakh rupees.

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Objectives Of The Issue

The Vishnu Prakash industry aims to raise over 300 crore through the IPO and allocate the funds towards the expansion of the industry.

  • Approximately Rs 62 crore will be allocate towards the procurement of machinery and additional equipment.
  • A sum of Rs 150 crore will be allocate for the recruitment of working capital.
  • The remaining funds will be us for general corporate objectives.

Vishnu Prakash R Punglia Ltd IPO Reservation For Different Category Investors 

The company allocate 35% of the share to Retail investors, set aside 15% for high-net worth individuals, and reserve 50% of the share for Qualified Institutional buyers.

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Vishnu Prakash R Punglia Ltd IPO – Investment For Different Category Investors 

Category of Investors  Lot size  Share  Price 
Retail investors ( min) 1 150 share 14,850
Retail investors (max) 13 1950 share 1,93,050
HNI ( Min ) 14 2100 share 2,07,900
HNI ( Max ) 67 10,050 share 9,94,950

Vishnu Prakash R Punglia Ltd IPO – Important Dates

Investors need to keep track of the important dates related to the IPO

Event  Important dates 
IPO opening date 24th August 2023
IPO close date 28th August 2023
Allotment date 31st August 2023
Refund 1st September 2023
Credit to Demat account 4th September 2023
IPO Listing date 5th September 2023

Conclusion

In conclusion, the grey market premium (GMP) for the Vishnu Prakash R Punglia Ltd IPO today indicates a positive sentiment among investors. The GMP is a measure of the premium at which shares are being traded in the unofficial market before the IPO is officially listed. A higher GMP suggests that there is strong demand for the company’s shares and indicates investor confidence in its prospects. However, it’s important to note that investing in IPOs carries risks and individuals should carefully evaluate their investment objectives and risk tolerance before making any investment decisions. Consulting with a financial advisor can provide helpful guidance in navigating the complexities of IPO investing.

Vishnu Prakash R Punglia Ltd IPO GMP Today FAQ’S

What is GMP share price?

The grey market premium, also known as GMP, refers to the additional amount paid for shares of an initial public offering (IPO) before they are officially listed on the stock exchanges. To illustrate this, let's say LIC sets its IPO price at Rs 90 per share and its IPO GMP is Rs 50. In this case, the organization will be listed at a price of Rs 140.90.

Is GMP a good indicator for IPO?

The GMP serves as a reliable predictor of the anticipated price of a company's shares on the day they are listed. Let us consider the aforementioned scenario. Considering that buyers are willing to pay an additional ₹40 per share, it can be reasonably assumed that the stock price may hover around ₹420 per share on the listing day.

Who should follow GMP?

It is expected that all employees will diligently follow manufacturing procedures and regulations. All employees must undergo up-to-date GMP training in order to gain a thorough understanding of their roles and responsibilities. Evaluating their performance will contribute to enhancing their productivity, efficiency, and competency.

How do I know if my IPO is successful?

In about 7 days' time, the registrar of the IPO finishes and confirms allotment of the to successful bidders. The IPO allotment status can be checked via the website of the registrar. It can also be checked on the websites of the NSE or the BSE.

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