Sai Silks Kalamandir IPO GMP Today: Take a look at the current Grey Market Premium (GMP) for the Sai Silks Kalamandir IPO. The Grey Market Premium for Sai Silks Kalamandir has recently been updated. Keep an eye out for the most up-to-date IPO GMP figures for this company.
Sai Silks Kalamandir IPO Details: The scheduled date for Sai Silks Kalamandir IPO has been confirmed. The IPO is set to enter the market on September 20th and conclude on September 22th. The company aims to gather approximately ₹600 crores through this IPO. This sum includes a fresh issue of ₹600 crores via 27072000 shares, each valued at ₹1. The retail quota is 35%, while QIB is 50% and HNI is 15%.
Kalamandir IPO GMP
Latest IPO GMP price for Sai Silks Kalamandir is Rs. -. 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.
| Date | GMP |
| Today | ₹7 |
Sai Silks Kalamandir IPO GMP FAQs
The current GMP for Sai Silks Kalamandir is Rs. 7.
The expected return for Sai Silks Kalamandir IPO is around 10% on the listing day.
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 Sai Silks Kalamandir IPO is 4th October 2023.
Grey Market Premium (GMP) is the difference between the price at which shares of an upcoming initial public offering (IPO) are being traded in the grey market and the issue price set by the company.
The grey market is an unofficial market where shares of an upcoming IPO are traded before they are listed on a stock exchange. The GMP is an indication of the demand for the IPO and the expectations of investors about the price at which the shares will be listed.
A high GMP indicates that there is strong demand for the IPO and that investors expect the shares to be listed at a premium to the issue price. A low GMP indicates that there is weak demand for the IPO or that investors expect the shares to be listed at a discount to the issue price.
The GMP is not always accurate and it should not be used as the sole basis for investment decisions. Investors should carefully consider all the factors affecting the IPO, such as the company’s financial performance, the industry outlook, and the overall market conditions, before making an investment decision.
Here are some of the factors that can affect the GMP of an IPO:
The company’s financial performance: A company with strong financial performance is likely to have a higher GMP than a company with weak financial performance.
The industry outlook: An industry that is growing and has a positive outlook is likely to have a higher GMP than an industry that is stagnant or declining.
The overall market conditions: If the stock market is bullish, the GMP of IPOs is likely to be higher than if the market is bearish.
The demand for the IPO: If there is strong demand for the IPO, the GMP is likely to be higher than if there is weak demand.
Here are some of the risks associated with investing in the grey market:
The shares traded in the grey market are not listed on a stock exchange and there is no guarantee that they will be listed at all.
The prices of shares traded in the grey market can be volatile and investors can lose money if they sell the shares at a loss.
There is no regulation in the grey market, so there is a risk of fraud.
If you are considering investing in the grey market, you should do your own research and consult with a financial advisor to understand the risks involved.