Digikore Studios GMP Today: Take a look at the current Grey Market Premium (GMP) for the Digikore Studios IPO. The Grey Market Premium for Digikore Studio has recently been updated. Keep an eye out for the most up-to-date IPO GMP figures for this company.
Digikore Studios Limited IPO IPO Details: The scheduled date for Digikore Studios Limited IPO has been confirmed. The IPO is set to enter the market on September 25th and conclude on September 27th. The company aims to gather approximately ₹30.48 crores through this IPO via 1782400 shares, each valued at ₹10. The retail quota 35%, while QIB is 50% and HNI is 15%.
Digikore Studios IPO GMP Today
Digikore Studios IPO GMP FAQs
The GMP for Digikore Studios IPO is Rs.80.
The expected return of the Digikore Studios IPO is around 47%.
It depends on your financial goal and time horizon. Also look at your risk appetite while investing in to any IPO.
The listing date for Digikore Studios is 6th October 2023.
Grey market premium (GMP) is the premium at which a company’s shares are traded unofficially before they are officially listed on a stock exchange. The grey market is an unofficial market where shares of companies that are about to go public are traded.
The GMP is calculated by subtracting the issue price of the IPO from the price at which the shares are trading in the grey market. For example, if the issue price of an IPO is Rs. 100 and the shares are trading in the grey market at Rs. 120, then the GMP would be Rs. 20.
The GMP is used by investors to gauge the demand for an IPO and to predict how the shares will perform when they are officially listed on the stock exchange. A high GMP indicates that there is strong demand for the IPO and that the shares are likely to list at a premium. A low GMP, on the other hand, indicates that there is weak demand for the IPO and that the shares may list at a discount.
It is important to note that the grey market is an unregulated market and there is no guarantee that the shares will trade at the GMP when they are officially listed on the stock exchange. Investors should carefully consider the risks involved before investing in IPOs.
Here are some of the factors that can affect the GMP of an IPO:
The company’s industry: Companies in high-growth industries tend to have higher GMPs than companies in low-growth industries.
The company’s financial performance: Companies with a strong track record of profitability and growth tend to have higher GMPs than companies with a weak track record.
The overall market sentiment: If the overall market sentiment is bullish, then IPOs tend to have higher GMPs.
The subscription status of the IPO: If the IPO is oversubscribed, then the GMP is likely to be high.
Investors should carefully consider all of these factors before investing in IPOs.