Check the latest updates on the Gajanand International IPO GMP, Kostak rates, and Subject to Sauda rates. As of now, the GMP for the Gajanand International IPO has not started. Stay tuned for the most recent GMP numbers.
The Gajanand International IPO is set to open on September 9. As an SME IPO, it aims to raise ₹20.65 crores, with a fixed price band of ₹36 per share and a minimum lot size of 3,000 shares. Founded in 2009, Gajanand International Limited has established itself as a prominent player in its industry. The company is well-regarded for providing high-quality services and specializes in MECH1 Cotton, SHANKAR6 Cotton, DCH 32 Cotton, and Khol. It boasts a state-of-the-art manufacturing infrastructure that ensures contamination-free and sustainable cotton at competitive prices. Additionally, Gajanand International operates a hygienic warehouse and packaging facility designed for optimal product storage.
The latest GMP for the Gajanand International SME IPO is ₹0, as of September 15, 2024, at 10:31 AM. With the price band set at ₹36.00, the estimated listing price for the IPO is ₹36 (cap price + today’s GMP). The anticipated percentage gain or loss per share is 0.00%.
We provide daily updates on GMP. Based on the last 11 sessions of grey market activity, the GMP trend is currently downward, with expectations of further declines. The GMP has ranged from a low of ₹0 to a high of ₹18. Stay tuned for daily updates on the Gajanand International SME IPO GMP and its expected listing price.
**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
Gajanand International IPO GMP Day-wise Trend
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Estimated Listing Price |
| 15-09-2024 | 36 | ₹0 | — | ₹36 (0%) |
| 14-09-2024 | 36 | ₹0 | — | ₹36 (0%) |
| 13-09-2024 | 36 | ₹0 | — | ₹36 (0%) |
| 12-09-2024 | 36 | ₹0 | — | ₹36 (0%) |
| 11-09-2024 | 36 | ₹0 | — | ₹36 (0%) |
| 10-09-2024 | 36 | ₹5 | 11400 | ₹41 (13.89%) |
| 09-09-2024 | 36 | ₹18 | 41000 | ₹54 (50%) |
| 08-09-2024 | 36 | ₹0 | — | ₹36 (0%) |
| 07-09-2024 | 36 | ₹0 | — | ₹36 (0%) |
| 06-09-2024 | 36 | ₹0 | — | ₹36 (0%) |
| 05-09-2024 | 36 | ₹0 | — | ₹36 (0%) |
IPO Grey Market Premium (GMP)
The IPO Grey Market Premium (GMP) represents the price at which an IPO trades in the unofficial or unregulated grey market before its official listing. GMP provides an indication of how the IPO might perform on its listing day. A positive GMP suggests the IPO could be profitable, while a negative GMP indicates it might be offered at a discount.
It’s important to note that IPO GMP can be highly volatile. Making investment decisions based solely on GMP carries risks. Therefore, consider all relevant factors and make an informed decision about investing in the Gajanand International SME IPO.
Gajanand International SME IPO Dates
Stay updated with the latest information on the Gajanand International SME IPO dates. Updates will be provided as they are announced.
| SME IPO Activity | Date |
| SME IPO Open Date | 09-09-2024 |
| SME IPO Close Date | 11-09-2024 |
| Basis of Allotment | 12-09-2024 |
| Finalisation Date* | |
| Refunds Initiation* | 13-09-2024 |
| Credit of Shares | 13-09-2024 |
| to Demat Account* | |
| SME IPO Listing Date* | 16-09-2024 |
Gajanand International IPO GMP (Grey Market Premium) FAQs:
What is the Gajanand International IPO GMP today?
The GMP for the Gajanand International IPO is ₹0 as of today.
What is the Gajanand International IPO Kostak Rate today?
The Kostak Rate for the Gajanand International IPO is ₹0 as of today.
What is the Gajanand International IPO Subject to Sauda today?
The Subject to Sauda rate for the Gajanand International IPO is ₹0 as of today.
What are the expected returns for the Gajanand International IPO?
The expected returns for the Gajanand International IPO are 0%.
DISCLAIMER: The financial information provided here is for educational and informational purposes only and should not be interpreted as an offer to buy or sell securities or as investment advice. It is not intended to be used as the basis for any investment decision. Readers are advised to consult a qualified financial advisor before making any investment decisions. Any actions taken based on the information provided here are solely at the reader’s own risk. Please note that investing in equity markets carries inherent risks due to market volatility. The author has no intention of investing in this offering.