Take a look at the current Grey Market Premium (GMP) for the Jupiter Life Line Limited IPO. The Grey Market Premium for Jupiter Life Line Limited IPO has recently been updated. Keep an eye out for the most up-to-date IPO GMP figures for this company.
The Jupiter Life Line IPO is scheduled to commence on September 06, aiming to raise ₹869.08 crores. Jupiter Life Line Limited is multi specialty tertiary and quaternary healthcare provider in the Mumbai Metropolitan Area (MMR). The company achieved a revenue of ₹985 crores, a significant increase from the ₹908 crores recorded in 2022. The IPO price range has been set at ₹695 to ₹735 per Equity Share, and the IPO will be listed on both BSE and NSE.
Jupiter Life Line IPO GMP
Latest IPO GMP price for Jupiter Life Line IPO is Rs. 225. It has an increasing trend for last 3-4 days. The IPO will be listed on 18th September 2023. Here is the GMP trend for last few days. For the latest update you can check this IPO GMP page as well.
Jupiter Life Line IPO GMP FAQs
The current GMP for Jupiter Life Line IPO is Rs. 250 as on 14th September 2023.
The expected return for Jupiter Life Line IPO will be around 29% based on the current GMP price.
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 Jupiter Life Line IPO is 18th September 2023.
Grey Market Premium, often abbreviated as GMP, is a term used in the context of financial markets, particularly in the context of initial public offerings (IPOs). It represents the difference between the unofficial market price of a newly issued IPO stock in the secondary market (i.e., the grey market) and its official IPO price set by the company or underwriters.
Here’s how it works:
Official IPO Price: When a company decides to go public and issue shares to the public for the first time, they determine an IPO price at which these shares will be initially sold to investors. This price is usually determined through a valuation process and is disclosed in the company’s IPO prospectus.
Grey Market: Before the official trading of the IPO shares begins on the stock exchange, there is often a period during which unofficial trading occurs. This is referred to as the grey market. During this time, investors can buy and sell shares among themselves at prices that are not regulated or controlled by the stock exchange.
Grey Market Premium (GMP): The Grey Market Premium is the difference between the price at which shares are trading in the grey market and the official IPO price. If the shares are trading at a higher price in the grey market, the GMP is positive, indicating strong demand for the IPO. Conversely, if the grey market price is lower than the official IPO price, the GMP is negative, which suggests weaker demand.
Investors often pay attention to the Grey Market Premium as it can provide insights into market sentiment and demand for a particular IPO. A high positive GMP indicates strong investor interest, while a negative GMP may suggest lower demand or concerns about the company’s prospects.
It’s important to note that the grey market is not a regulated market, and trading in the grey market is typically speculative. The actual performance of the IPO when it begins trading on the official stock exchange may differ significantly from the grey market price.
Investors should exercise caution when using the Grey Market Premium as a reference, as it can be influenced by various factors, including market sentiment and speculation, and may not always accurately reflect the long-term value of the IPO shares.