Last updated on July 5th, 2024 at 09:15 am
Get the latest updates on Ganesh Green Bharat IPO GMP, Kostak rates, and Subject to Sauda rates today! The GMP for Ganesh Green Bharat IPO has not started yet, but stay tuned for the latest numbers.
The Ganesh Green Bharat IPO GMP is set to open on July 5. This SME IPO aims to raise ₹125.23 crores, with a price band fixed at ₹181 to ₹190 per share and a market lot of 600 shares. Ganesh Green Bharat specializes in supply, installation, testing, and commissioning (SITC) of solar and electrical goods and services for various government bodies. They have successfully completed projects under several Central and State Government schemes, including the Saubhagya Scheme, KUSUM Scheme, and Saur Sujla Yojna.
The latest GMP for the Ganesh Green Bharat SME IPO is ₹290, as of July 4, 2024, at 06:03 AM. With a price band of ₹190, the estimated listing price of the Ganesh Green Bharat SME IPO is ₹480 (cap price + today’s GMP). This translates to an expected gain of 152.63% per share. The retail Subject to Sauda for the Ganesh Green Bharat SME IPO is ₹132,200.
We update GMP daily, and based on the last four sessions of grey market activities, today’s IPO GMP shows an upward trend, indicating a strong listing. The GMP has ranged from ₹180 to ₹290. Stay with us for daily updates on the Ganesh Green Bharat SME IPO GMP and the 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.
Ganesh Green Bharat IPO GMP Day-wise
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Estimated Listing Price |
| 04-07-2024 | 190 | ₹290 | 132200 | ₹480 (152.63%) |
| 03-07-2024 | 190 | ₹290 | 132200 | ₹480 (152.63%) |
| 02-07-2024 | 190 | ₹205 | 93500 | ₹395 (107.89%) |
| 01-07-2024 | 190 | ₹180 | 82100 | ₹370 (94.74%) |
IPO Grey Market Premium (GMP)
The grey market premium (GMP) represents the price at which an IPO is traded in an unofficial and unregulated grey market before its official listing. The GMP provides an indication of how a company’s IPO might perform on the day of its listing. A positive GMP suggests that the IPO is likely to be profitable, while a negative GMP indicates that the IPO might open at a discount.
It’s important to note that IPO GMP is highly volatile, and making an investment decision based solely on the Ganesh Green Bharat SME IPO GMP can be risky. Therefore, it’s crucial to consider all factors before deciding whether to invest in the Ganesh Green Bharat SME IPO.
Ganesh Green Bharat IPO Dates
| 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 herein is not an offer to buy or sell securities nor should it be considered as investment advice. All information is for educational and informational purposes only and should not be relied upon for making investment decisions. Readers should consult a qualified financial advisor before making any investment decisions based on the information provided. Any actions taken based on this information are done at the reader’s own risk. Investors should be aware that investments in equity markets are subject to unpredictable market-related risks. The author does not intend to invest in this offering.
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- IPO GMP, Latest IPO Grey Market Premium & Kostak Rates
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- IPO Subscription Status: Live IPO Subscription Numbers 2024
