New No new IPO is coming in the first week of the year. However, there are two such IPOs which opened last week, which you can subscribe to this week also. The special thing is that these shares are showing good premium in the gray market. One stock is trading at a premium of more than 100 percent. If you want to start the new year with the IPO market, then you can subscribe to them today. These IPOs are of Kaushalya Logistics IPO and Kay Cee Energy IPO. Let us know about these in detail.
KC Energy is showing 111% returns in gray market
KC Energy & Infra SME IPO opened on 28 December. This IPO can be subscribed till January 2. Its IPO size is Rs 15.93 crore. The listing of shares on stock exchanges is expected to take place on January 5. The price band of this share is Rs 51 to 54. On Monday morning, this share was seen trading at a premium of Rs 60 in the gray market. Accordingly, KC Energy shares can be listed at Rs 114 with a premium of 111.11 per cent. The allotment of shares in this IPO will take place on January 3 and the shares will be credited to the demat account on January 4. KC Energy & Infra’s IPO was subscribed 162.54 times till the second day.
Kaushalya Logistics SME IPO
You can also subscribe to Kaushalya Logistics SME IPO today. This is an IPO of Rs 36.60 crore. This IPO was opened on 29 December. You can subscribe till January 3. Allotment of shares will take place on January 4. At the same time, listing of shares is expected on January 8. The price band in this IPO is Rs 71-75. This share was seen trading with a premium of Rs 55 in the gray market on Monday morning. In this way, this share can be listed at Rs 130 with a premium of 73.33 percent.
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