Stay updated on the Rappid Valves (India) IPO GMP, along with Kostak rates and Subject to Sauda rates as of today. The GMP for Rappid Valves (India) IPO has not started yet. Keep an eye out for the latest GMP figures as they become available.
The latest Grey Market Premium (GMP) for the Rappid Valves (India) SME IPO is ₹100, as of September 25, 2024. Based on a price band of ₹222, the estimated listing price is ₹322 (cap price + today’s GMP), indicating an expected gain of approximately 45.05% per share.
Retail investors’ Subject to Sauda stands at ₹45,600.
We update GMP figures daily. Over the last 10 sessions, the grey market activity has shown an upward trend, suggesting a strong listing. The lowest GMP recorded was ₹0, while the highest reached ₹100. Stay tuned for daily updates on the Rappid Valves (India) SME IPO GMP and expected listing price.
The Rappid Valves (India) IPO is set to open on September 23. This SME IPO aims to raise ₹30.41 crores, with a price band of ₹210 to ₹222 per share and a minimum lot size of 600 shares.
Rappid Valves (India) Limited, known by its brand name “Rapid” or “Rappid Valves,” is an engineering company specializing in the manufacturing of a wide range of valve solutions. Their product portfolio includes Ball Valves, Gate Valves, Globe Valves, Butterfly Valves, Check Valves, Double Block Valves, Strainer Valves, and Marine Valves. These valves are manufactured using both ferrous and non-ferrous materials, with sizes ranging from 15mm to 600mm to meet various industry needs. Established in 2002, the company operates its manufacturing facilities in Thane, Maharashtra.
Please note that GMP prices are based on market speculation and are for informational purposes only. We do not engage in or recommend grey market trading or subject to Sauda rates.
Rappid Valves (India) IPO GMP Day-wise Trend
GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Estimated Listing Price |
25-09-2024 | 222 | ₹100 | 45600 | ₹322 (45.05%) |
24-09-2024 | 222 | ₹52 | 23700 | ₹274 (23.42%) |
23-09-2024 | 222 | ₹52 | 23700 | ₹274 (23.42%) |
22-09-2024 | 222 | ₹0 | — | ₹222 (0%) |
21-09-2024 | 222 | ₹0 | — | ₹222 (0%) |
20-09-2024 | 222 | ₹0 | — | ₹222 (0%) |
19-09-2024 | 222 | ₹0 | — | ₹222 (0%) |
18-09-2024 | 222 | ₹0 | — | ₹222 (0%) |
17-09-2024 | 222 | ₹0 | — | ₹222 (0%) |
16-09-2024 | 222 | ₹0 | — | ₹222 (0%) |
IPO Grey Market Premium (GMP)
The Grey Market Premium (GMP) refers to the price at which an IPO is traded in the unofficial or unregulated grey market before its official listing. The GMP serves as an indicator of how the company’s IPO is expected to perform on the day of its listing. A positive GMP suggests that the IPO is likely to be profitable, while a negative GMP indicates the possibility of it trading at a discount.
It’s important to note that IPO GMP can be highly volatile. Therefore, making an investment decision based solely on the GMP of Rappid Valves (India) SME IPO can be risky. Before investing, consider all relevant factors to make an informed decision about whether to invest in the Rappid Valves (India) SME IPO.
Rappid Valves (India) SME IPO Dates
Stay tuned for the latest and updated information regarding the Rappid Valves (India) SME IPO dates, which will be updated as they are announced.
SME IPO Activity | Date |
SME IPO Open Date | 23-09-2024 |
SME IPO Close Date | 25-09-2024 |
Basis of Allotment | 26-09-2024 |
Finalisation Date* | |
Refunds Initiation* | 27-09-2024 |
Credit of Shares | 27-09-2024 |
to Demat Account* | |
SME IPO Listing Date* | 30-09-2024 |
Rappid Valves (India) IPO GMP (Grey Market Premium) FAQs:
What is the Rappid Valves (India) IPO GMP today?
The current GMP for the Rappid Valves (India) IPO is ₹100.
What is the Rappid Valves (India) IPO Kostak Rate today?
The Kostak Rate for the Rappid Valves (India) IPO is ₹- as of today.
What is the Rappid Valves (India) IPO Subject to Sauda today?
The Subject to Sauda for the Rappid Valves (India) IPO is ₹45600 as of today.
What are the expected returns for the Rappid Valves (India) IPO?
The expected returns for the Rappid Valves (India) IPO are 45.05%.
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.