Ganesh Green Bharat IPO GMP 2024

Ganesh Green Bharat IPO GMP

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.

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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.

Ganesh Green Bharat IPO GMP Day-wise

GMP DateIPO PriceGMPSub2 Sauda RateEstimated Listing Price
04-07-2024190₹290 132200₹480 (152.63%)
03-07-2024190₹290 132200₹480 (152.63%)
02-07-2024190₹205 93500₹395 (107.89%)
01-07-2024190₹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 ActivityDate
SME IPO Open Date05-07-2024
SME IPO Close Date09-07-2024
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.

Read Also: 

- IPO GMP, Latest IPO Grey Market Premium & Kostak Rates

- IPO Allotment Status: Check Allotment Status, Date, Allotment Link

- IPO Subscription Status: Live IPO Subscription Numbers 2024

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