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RITES Limited IPO Grey Market Premium (GMP)

RITES Limited IPO Grey Market Premium (RITES GMP):

RITES Limited IPO bidding will be active from June 20, 2018 – June 22, 2018. RITES Limited IPO Grey Market Premium (RITES 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.

RITES Limited is going to launch its IPO with the Price Band of Rs. 180 – Rs. 185 Per Equity Share. RITES Limited IPO Grey Market Premium is trading between Rs 25 – Rs 35 per equity share as of now.

If we look at the listing of Avenue Supermarts IPO, Shankara Building Products IPO, RBL Bank IPO, BSE Ltd IPO it all got listed around its Grey Market Premium (GMP) only.

So RITES Limited IPO Grey Market Premium can also play significant role in deciding that should you invest in RITES Limited IPO or not.

Kindly Note: Grey Market Price (GMP) changes daily according to supply and demand as like in share market.

Day Wise RITES Limited IPO Grey Market Premium (RITES GMP) Summary:

12.06.2018: GMP Rs 25 – Rs 35 Per Equity Share

For More information about RITES Limited IPO Pricing, size and other updates you can visit the below link:

RITES Limited IPO (RITES IPO) Details

Market Update:

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RITES Limited IPO (RITES IPO) bidding will be active from June 20, 2018 – June 22, 2018.

IndoStar Capital Finance Ltd IPO (ICFL IPO) lists at 2.36% premium.

Newgen Software Technologies Ltd IPO (NSTL IPO) also able to list positively with 3.27% premium. While Amber Enterprises India Ltd IPO (AEIL IPO) also able to list with 44.03% premium,

HG Infra Engineering Ltd IPO (HGIEL IPO) lists at 0.02% Premium.

Bharat Dynamics Ltd IPO (BDL IPO) lists at 17.74% discount. While Bandhan Bank Ltd IPO (BBL IPO) lists at 27.25% premium.

Hindustan Aeronautics Ltd IPO (HAL IPO) lists at 7.13% discount. While Karda Construction Ltd IPO (KCL IPO) lists at 20.67% discount.

Sandhar Technologies Ltd IPO (STL IPO) also lists at 2.85% discount.

Mishra Dhatu Nigam Ltd IPO (MDNL IPO) lists at par. while ICICI Securities Ltd IPO (ISL IPO) lists at 14.41% discount.

While breaking the chain of discount listings Lemon Tree Hotels Ltd IPO (LTHL IPO) lists at 27.86% premium.

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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