S Chand IPO Grey Market Premium (S Chand GMP):
S Chand and Company Ltd (S Chand) IPO bidding is going to be active from April 26, 2017. But S Chand IPO Grey Market Premium (S Chand GMP) has already 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.
S Chand is going to launch its IPO with the Price Band of Rs. 660 – Rs. 670 Per Equity Share. S Chand Grey Market Premium is between Rs 173 – Rs 177 at various locations.
While S Chand IPO Grey Market Premium started with around Rs 100 per equity share but it is showing upward movement. Now finally it has started moving..
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 S Chand IPO Grey Market Premium investors can get around 26^-27% profit on their investment on listing as per current rate. And S Chand IPO Grey Market Premium can also play significant role in deciding that should you invest in S Chand 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 :
27.04.2017 GMP Rs. 88 – Rs 90
26.04.2017 GMP Rs. 137 – Rs 139
21.04.2017 GMP Rs. 173 – Rs 177
For More information about S Chand and Company Ltd (S Chand) IPO Pricing, size and other updates you can visit the below link:
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Now Avenue Supermarts (Dmart) IPO Allotment and Listing also completed. And people made an awesome 100% profit on listing.
Now CL Educate (CLEL) IPO Allotment and Listing has completed. While now Shankara Building Products IPO Allotment and Listing also completed and it gave good 37.57% premium on first day itself. Now S Chand and Company Ltd IPO will open for bidding from April 26, 2017 – April 28, 2017. Next IPO can be Housing and Urban Development Corporation Ltd IPO (HUDCO) where its bidding is expected to start from May 02, 2017.
While HUDCO Grey Market Premium (GMP) also started showing movement and currently trading at Rs 29.25 – Rs 29.75 per equity share.
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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