Popular Vehicles & Services IPO last GMP is Rs. 27 which was last updated on 8th March 2024. With IPO bid price of Rs. 295, estimated listing price comes at Rs. 322 ( IPO Bid Cap Price + Current GMP )
Potential percentage gain per share is 9.15%.
Popular Vehicles & Services IPO Grey Market Premium
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Estimated Listing Price | Last Updated |
|---|---|---|---|---|---|
| 12-03-2024 Open | 295.00 | ₹27 | 1000/14000 | ₹322 (9.15%) | 12-Mar-2024 7:03 |
| 11-03-2024 | 295.00 | ₹27 | 1000/14000 | ₹322 (9.15%) | 11-Mar-2024 23:25 |
| 10-03-2024 | 295.00 | ₹27 | 1000/14000 | ₹322 (9.15%) | 10-Mar-2024 23:26 |
| 09-03-2024 | 295.00 | ₹27 | 1000/14000 | ₹322 (9.15%) | 9-Mar-2024 23:25 |
| 08-03-2024 | 295.00 | ₹27 | 1000/14000 | ₹322 (9.15%) | 8-Mar-2024 23:24 |
| 07-03-2024 | 295.00 | ₹33 | 1300/18200 | ₹328 (11.19%) | 7-Mar-2024 23:27 |
What is the potential Gain for Retail and HNI?
| Column 1 | Retail Category | HNI Category |
|---|---|---|
| Minimum Investment | Rs. 14,750 | Rs. 2,06,500 |
| Expected Listing Value | Rs. 16,100 | Rs. 2,25,395 |
| Potential Profit | Rs. 1,350 | Rs. 18,895 |
Note: Above calculation is based on the minimum lot size.
- Yes
- No
Important Terms
What is a grey market premium?
Grey Market Premium (GMP) is the price at which an IPO is traded unofficially before its listing, indicating how the IPO might perform on the listing day. A positive GMP suggests potential profits, while a negative GMP implies a possible discount.
What is the Kostak rate?
The IPO Kostak price is an agreed-upon price at which IPO applications are sold and purchased, regardless of their allotment status.
What is the Subject to Sauda rate?
Subject to Sauda is an agreement where the buyer of an IPO application agrees to pay a fixed price only if the seller receives an allotment in the IPO, with rates typically higher than Kostak rates.