Hi-Green Carbon IPO GMP Today: Take a look at the current Grey Market Premium (GMP) for the Hi-Green Carbon IPO. The Grey Market Premium for Hi-Green Carbon IPO has recently been updated. Keep an eye out for the most up-to-date IPO GMP figures for this company.
Hi-Green Carbon IPO has been confirmed. The IPO is set to enter the market on September 21st and conclude on September 25th. The company aims to gather approximately ₹52.80 crores through this IPO. This sum includes a fresh issue of ₹52.80 crores via 70,40,000 shares, each valued at ₹10. The retail quota is 35%, while QIB is 50% and HNI is 15%. The market lot for the IPO is 1600 shares.
Hi-Green Carbon IPO GMP Today
| Date | GMP |
| Today | ₹50 |
| 18 September | ₹50 |
| 17 September | ₹50 |
| 16 September | ₹70 |
| 15 September | ₹70 |
| 14 September | ₹50 |
| 13 September | ₹30 |
Hi-Green Carbon IPO GMP FAQs
The GMP for Hi-Green Carbon IPO is Rs.50.
The expected return of the Hi-Green Carbon IPO GMP is around 65%.
It depends on your financial goal and time horizon. Also look at your risk appetite while investing in to any IPO.
The listing date for Hi-Green Carbon IPO GMP is 3rd October 2023.
Grey market premium (GMP) is the premium at which the shares of an upcoming IPO are traded in the unofficial grey market before they are listed on the stock exchange. The grey market is an over-the-counter market where shares of unlisted companies are traded.
The GMP is an indicator of the investor sentiment for the upcoming IPO. If the GMP is positive, it means that there is strong demand for the shares and that the IPO is likely to be oversubscribed. If the GMP is negative, it means that there is weak demand for the shares and that the IPO may be undersubscribed.
The GMP is calculated by subtracting the issue price of the IPO from the price at which the shares are trading in the grey market. For example, if the issue price of an IPO is ₹100 and the shares are trading in the grey market at ₹120, the GMP would be ₹20.
Investors should note that the grey market is an unofficial market and that there is no guarantee that the shares will be allotted at the GMP price. Additionally, the grey market is unregulated and there is a risk of fraud.
Here are some of the factors that can affect the GMP of an IPO:
The company’s financial performance
The company’s industry outlook
The overall economic environment
The investor sentiment for the IPO
Investors should carefully consider all of these factors before making an investment decision.