Effwa Infra and Research IPO GMP is ₹120.50, updated on July 10th, 2024. With a price band of ₹82.00, the estimated listing price for Effwa Infra and Research SME IPO is ₹202.50 (cap price + today’s GMP). This suggests an expected percentage gain/loss per share of 146.95%.
Retail Subject to Sauda: ₹146,500
We update GMP daily. Based on the last 10 sessions of grey market activities, today’s IPO GMP indicates an upward trend, anticipating a strong listing. The lowest recorded GMP is ₹0, and the highest is ₹120. Stay with us to track the daily price trend of Effwa Infra and Research SME IPO GMP and the expected listing price.
Disclaimer: The GMP prices mentioned are news related to the grey market. We do not trade or deal in the grey market or subject to rates (sub2), nor do we recommend trading in the grey market.
Read Also: Effwa Infra and Research IPO Date, Review, Price, Allotment Details
Effwa Infra and Research IPO GMP Details
Effwa Infra & Research IPO is set to open on July 5. This Mainline IPO aims to raise ₹51.27 crores. The price band for the Effwa Infra & Research IPO is fixed at ₹78 to ₹82, with a market lot of 1,600 shares.
Founded in 2014, Effwa Infra & Research Limited (EIRL) specializes in engineering, consultancy, procurement, construction, and integrated project management services. The company operates in the field of water pollution control, including sewage and industrial effluent treatment, solid waste treatment and disposal, ventilation systems, hazardous waste management, and water treatment plants.
Effwa Infra and Research IPO GMP Day-wise
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Estimated Listing Price |
| 10-07-2024 | 82 | ₹120.50 | 146500 | ₹202.5 (146.95%) |
| 09-07-2024 | 82 | ₹120.50 | 146500 | ₹202.5 (146.95%) |
| 08-07-2024 | 82 | ₹120 | 145900 | ₹202 (146.34%) |
| 07-07-2024 | 82 | ₹95 | 115500 | ₹177 (115.85%) |
| 06-07-2024 | 82 | ₹95 | 115500 | ₹177 (115.85%) |
| 05-07-2024 | 82 | ₹90 | 109400 | ₹172 (109.76%) |
| 04-07-2024 | 82 | ₹85 | 103400 | ₹167 (103.66%) |
| 03-07-2024 | 82 | ₹80 | 97300 | ₹162 (97.56%) |
| 02-07-2024 | 82 | ₹63 | 76600 | ₹145 (76.83%) |
| 01-07-2024 | ₹0 | — | ₹ (0%) |
Effwa Infra and Research IPO Dates
Stay updated with the latest information on the Effwa Infra and Research SME IPO. Dates will be updated as soon as they are announced.
| SME IPO Activity | Date |
| SME IPO Open Date | 05-07-2024 |
| SME IPO Close Date | 09-07-2024 |
| Basis of Allotment Finalisation Date* | 10-07-2024 |
| Refunds Initiation* | 11-07-2024 |
| Credit of Shares to Demat Account* | 11-07-2024 |
| SME IPO Listing Date* | 12-07-2024 |
DISCLAIMER: The financial information provided here is not intended as an offer to buy or sell securities or as financial advice. All information is for educational and informational purposes only and should not be used as a basis for investment decisions. Readers are strongly advised to consult a qualified financial advisor before making any investment decisions based on the information provided. Any actions taken by readers based on this information are at their own risk. Investments in equity markets are subject to unpredictable market-related risks. The author does not intend to invest in this offering.
