Stay updated with the Innomet Advanced Materials IPO GMP, Kostak rates, and Subject to Sauda rates as of today. The GMP for Innomet Advanced Materials IPO is showing strong signs, indicating high demand and a promising subscription outlook. Keep checking for the latest GMP figures.
On September 16th, the Innomet Advanced Materials IPO GMP reached a high of ₹90, up from a low of ₹70 recorded on September 12th.
The Innomet Advanced Materials IPO is set to open on September 11, aiming to raise ₹34.24 crores through its SME IPO. The price band has been set at ₹100 per share, with a minimum lot size of 1,200 shares.
Innomet Advanced Materials Limited is a global supplier of a diverse range of ferrous and non-ferrous metal and alloy powders, including Copper, Nickel, Bronze, Stainless Steel, Brass, Tin, and Diamond Tool Matrix Powders, along with various customized powders. The company is best known for its Tungsten Heavy Alloy Components and caters to a wide array of industries.
The Innomet Advanced Materials IPO GMP is ₹110, as of September 17, 2024. With a price band of ₹100, the estimated listing price is ₹210 (cap price + today’s GMP), indicating a potential gain of 110.00% per share.
The Retail Subject to Sauda for the IPO stands at ₹100,300.
We provide daily updates on the GMP, and based on the last 14 sessions of grey market activity, the trend is positive, suggesting a strong listing. The GMP has ranged from a low of ₹0 to a high of ₹110. Stay tuned for daily updates on the GMP and expected listing prices.
**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.
Innomet Advanced Materials IPO GMP Day-wise Trend
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Estimated Listing Price |
| 17-09-2024 | 100 | ₹110 | 100300 | ₹210 (110%) |
| 16-09-2024 | 100 | ₹110 | 100300 | ₹210 (110%) |
| 15-09-2024 | 100 | ₹95 | 86600 | ₹195 (95%) |
| 14-09-2024 | 100 | ₹95 | 86600 | ₹195 (95%) |
| 13-09-2024 | 100 | ₹95 | 86600 | ₹195 (95%) |
| 12-09-2024 | 100 | ₹95 | 86600 | ₹195 (95%) |
| 11-09-2024 | 100 | ₹70 | 63800 | ₹170 (70%) |
| 10-09-2024 | 100 | ₹0 | — | ₹100 (0%) |
| 09-09-2024 | 100 | ₹0 | — | ₹100 (0%) |
| 08-09-2024 | 100 | ₹0 | — | ₹100 (0%) |
| 07-09-2024 | 100 | ₹0 | — | ₹100 (0%) |
| 06-09-2024 | 100 | ₹0 | — | ₹100 (0%) |
| 05-09-2024 | 100 | ₹0 | — | ₹100 (0%) |
| 04-09-2024 | 100 | ₹0 | — | ₹100 (0%) |
Latest IPO GMP
Check the live GMP status of all upcoming and closed IPOs on the IPO GMP Dashboard. We regularly update IPO GMP performance. You can track and compare IPO GMP and its listing price.
IPO Grey Market Premium (GMP):
The Grey Market Premium (GMP) represents the unofficial or unregulated trading price of an IPO before it is officially listed. It provides an indication of how the IPO might perform on its listing day. A positive GMP suggests the IPO is expected to be profitable, while a negative GMP indicates it might be offered at a discount.
However, IPO GMP can be highly volatile. Relying solely on the GMP for investment decisions can be risky. It is important to consider all relevant factors before deciding to invest in the Innomet Advanced Materials SME IPO.
Innomet Advanced Materials SME IPO Dates:
Stay updated with the latest information on the Innomet Advanced Materials SME IPO. Dates will be refreshed as new details are announced.
| SME IPO Activity | Date |
| SME IPO Open Date | 11-09-2024 |
| SME IPO Close Date | 13-09-2024 |
| Basis of Allotment | 16-09-2024 |
| Finalisation Date* | |
| Refunds Initiation* | 17-09-2024 |
| Credit of Shares | 17-09-2024 |
| to Demat Account* | |
| SME IPO Listing Date* | 18-09-2024 |
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.
