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Shankara Building Products IPO Grey Market Premium

Shankara Building Products IPO Grey Market Premium (SBPL GMP):

Subscription of  Shankara Building Products (SBPL) IPO is going to hit market from March 22, 2017 – March 24, 2017. Shankara Building Products IPO Grey Market Premium (SBPL GMP) finally 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.

Shankara Building Products Ltd is going to launch its IPO with the Price Band of Rs. 440 – Rs. 460 Per Equity Share. Shankara Building Products IPO Grey Market Premium is between Rs 155 – Rs 160 at various locations.

While Shankara Building Products IPO Grey Market Premium started with around Rs 95 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 Shankara Building Products IPO Grey Market Premium investors can get around 35% profit on their investment on listing. And Shankara Building Products IPO Grey Market Premium can also play significant role in deciding to invest in Shankara Building Products Ltd 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 :

01.04.2017 GMP Rs. 151-153

31.03.2017 GMP Rs. 147-149

30.03.2017 GMP Rs. 141-143

29.03.2017 GMP Rs. 126-128

26.03.2017 GMP Rs. 135-137

25.03.2017 GMP Rs. 124-126

22.03.2017 GMP Rs. 138-140

21.03.2017 GMP Rs. 155-160

18.03.2017 GMP Rs. 128-130

16.03.2017 GMP Rs. 155-160

15.03.2017 GMP Rs. 92-95

For More information about Shankara Building Products Ltd (SBPL) IPO Pricing, size and other updates you can visit the below link:

Shankara Building Products Ltd (SBPL) IPO Details

Market Update:

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Now Music Broadcast Ltd IPO (MBL IPO) bidding is over now. Now Music Broadcast IPO Allotment and Listing will be in process.  While Avenue Supermarts Ltd IPO (DMart IPO) bidding also closed. Now Avanue Supermarts (Dmart) IPO Allotment and Listing will be in process.

Latest Grey Market Premium (GMP) of Avenue Supermarts Ltd IPO (DMart IPO) is between Rs 247 to Rs 249 per equity share. While Grey Market Premium (GMP) of Music Broadcast Ltd (MBL) is trading between Rs 110 – Rs 112 per equity share.

After Avenue Supermarts IPO, next to open is CL Educate (CLEL) IPO between March 20, 2017 – March 22, 2017. While Shankara Building Products Ltd IPO (SBPL IPO) will be opening from 22 March 2017 – 24 March 2017. 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.

This year we can see some good IPO hitting market like NSE Ltd IPOHDFC Standard life insurance, SBI life insurance etc.

Keep watching this blog to keep yourself updated with all the news.

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  1. Thank U So much sharing such a great post dear. keep it up good work.

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