JSW Infra IPO GMP Today: Take a look at the current Grey Market Premium (GMP) for the JSW Infrastructure IPO. The Grey Market Premium for JSW Infrastructure IPO has recently been updated. Keep an eye out for the most up-to-date IPO GMP figures for this company.
The IPO is set to enter the market on September 25th and conclude on September 27th. The company aims to gather approximately ₹2800 crores through this IPO. This sum includes a fresh issue of ₹2800 crores via – shares, each valued at ₹1. The retail quota is 10%, while QIB is 75% and HNI is 15%.
JSW Infrastructure IPO GMP Today
JSW Infrastructure IPO GMP FAQs
The GMP for JSW Infrastructure IPO is Rs. 25.
The expected return of the JSW Infrastructure IPO is around 21%.
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 JSW Infrastructure IPO is 6th October 2023.
Grey market premium (GMP) is the premium at which the shares of an upcoming IPO are traded in the unofficial grey market before they are listed on the stock exchange. The grey market is an over-the-counter market where shares of unlisted companies are traded.
The GMP is an indicator of the investor sentiment for the upcoming IPO. If the GMP is positive, it means that there is strong demand for the shares and that the IPO is likely to be oversubscribed. If the GMP is negative, it means that there is weak demand for the shares and that the IPO may be undersubscribed.
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 ₹100 and the shares are trading in the grey market at ₹120, the GMP would be ₹20.
Investors should note that the grey market is an unofficial market and that there is no guarantee that the shares will be allotted at the GMP price. Additionally, the grey market is unregulated and there is a risk of fraud.
Here are some of the factors that can affect the GMP of an IPO:
The company’s financial performance
The company’s industry outlook
The overall economic environment
The investor sentiment for the IPO