Master Components IPO GMP Today: Take a look at the current Grey Market Premium (GMP) for the Master Components IPO. The Grey Market Premium for Master Components IPO has recently been updated. Keep an eye out for the most up-to-date IPO GMP figures for this company.
Master Components Limited IPO Details: Master Components is set to launch its initial public offering (IPO) on September 18, 2023. The IPO will close on September 21, 2023. The company is looking to raise ₹15.46 crores through the IPO. The investors’ portion for QIB/NII is 50%, Retail is 50%. The market lot is 1000 shares.
Master Components Limited IPO GMP Today
Date | GMP |
16 September | ₹10 |
15 September | ₹10 |
Master Components IPO GMP FAQs
The GMP for Master Components Limited IPO is Rs. 10.
The expected return of the Master Components Limited IPO is around 30%.
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 Master Components Limited IPO is 29th September 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.