IPO Market Today: Today on Monday, people will get a chance to invest money in 3 new IPOs in the primary market. These are the IPOs of Winsol Engineers, Indegene and Refractory Shapes. Shares of these companies are trading at a good premium in the gray market. On the other hand, the Indian stock market opened with gains today. BSE Sensex opened today at 74,196.68 compared to the previous close of 73,878.15 points. In early trade it was seen trading at 71,100 with a gain of 0.31 percent or 224 points. Let us know the details of the IPO launched today.
Winsol Engineers IPO
Vinsol Engineering’s NSE SME IPO of Rs 23.36 crore has opened today i.e. on 6th May. This IPO will close on 9 May. Listing of shares will take place on May 14. In the gray market, the company’s shares were seen trading at a bumper premium of Rs 124 against the issue price of Rs 75. In this way, this share can be listed on the stock exchanges at Rs 199 with a premium of 165.33 percent.
Refractory Shapes IPO
This Rs 18.60 crore NSE SME IPO has opened today i.e. on 6th May. This IPO will close on 9 May. The listing of shares will take place on May 14. In the gray market, this share is seen trading at a premium of Rs 11 against the issue price of Rs 31. In this way, the share can be listed at Rs 42 with a premium of 35.48 percent.
Indegene IPO
This mainboard IPO of Rs 1841.76 crore has opened today i.e. on 6th May. This IPO will close on 8 May. The listing of shares will take place on May 13. In the gray market, the company’s shares are seen trading at a premium of Rs 262 against the issue price of Rs 452. In this way, this share can be listed at Rs 714 with a premium of 57.96 percent.
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