Music Broadcast Ltd IPO Grey Market Premium (MBL GMP):
Subscription of Music Broadcast Ltd (MBL) IPO is expected to hit market from March 06, 2017 – March 08, 2017. Music Broadcast Ltd IPO Grey Market Premium (MBL GMP) has started showing some movement.
IPO Grey Market Premium in India (GMP) helps in deciding the premium of the IPO Shares on listing day. It also allows investors to sell the IPO Shares or IPO Application at certain premium before they list.
Music Broadcast Ltd (MBL) is expected to launch its IPO with the Price Band of Rs. 324 – Rs. 333 Per Equity Share. Music Broadcast Ltd IPO Grey Market Premium (MBL GMP) is between Rs 74 – Rs 78 at various locations.
While Music Broadcast Ltd IPO Grey Market Premium (MBL GMP) is still to show some movement since 3 IPO’s are planned back to back that is Music Broadcast Ltd IPO (MBL IPO) , Avenue Supermarts Ltd IPO (DMart IPO) and Central Depository Services Ltd IPO (CDSL IPO) Details
If we look at the listing of Quess Corp IPO, Advanced Enzyme IPO, RBL Bank IPO, BSE Ltd IPO it all got listed around its Grey Market Premium (GMP) only.
So with Music Broadcast Ltd IPO Grey Market Premium (MBL GMP) investors can get around 23% profit on their investment on listing. And Music Broadcast Ltd IPO Grey Market Premium (MBL GMP) can also play significant role in deciding to invest in MBL IPO or not.
Kindly Note: Grey Market Price (GMP) changes daily according to supply and demand as like in share market.
Day Wise Grey Market Premium (GMP) Summary :
15.03.2017 GMP Rs. 110-112
15.03.2017 GMP Rs. 76-78
11.03.2017 GMP Rs. 93-95
10.03.2017 GMP Rs. 91-93
09.03.2017 GMP Rs. 88-90
08.03.2017 GMP Rs. 73-75
07.03.2017 GMP Rs. 57-58
06.03.2017 GMP Rs. 54-56
03.03.2017 GMP Rs. 64-66
02.03.2017 GMP Rs. 64-66
01.03.2017 GMP Rs. 63-65
28.02.2017 GMP Rs. 74-78
27.02.2017 GMP Rs. 65-70
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Now Music Broadcast Ltd IPO (MBL IPO) is going to hit market from March 06, 2017 – March 08, 2017. Next in pipeline is Avenue Supermarts Ltd IPO (DMart IPO) which is expected to hit market from March 08, 2017 – March 10, 2017. While Latest Grey Market Premium (GMP) of Avenue Supermarts Ltd IPO (DMart IPO) is between Rs 185 to Rs 188 per equity share.
After Avenue Supermarts IPO, next in the pipeline will be Central Depository Services Ltd IPO (CDSL IPO) and Continental Warehousing Corporation Ltd IPO (Nhava Seva IPO).
Some SME IPO will also be active in market in coming week.
Keep watching this blog to keep yourself updated with all the news.
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