#Grey market premium (GMP)

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Top Upcoming IPOs to Watch in 2024: Latest Grey Market Premium Updates

Top Upcoming IPOs to Watch in 2024: Latest Grey Market Premium Updates

As we venture into 2024, the IPO market is brimming with anticipation. For investors, this year promises a wealth of opportunities, with several high-profile companies preparing to go public. Whether you're a seasoned investor or just beginning to dip your toes into the market, staying informed about upcoming IPOs and their Grey Market Premiums (GMP) is crucial for making sound investment decisions.

In this blog, we'll explore some of the top upcoming IPOs to watch in 2024 and provide insights into their GMP trends. These metrics can offer valuable clues about investor sentiment and the potential success of these public offerings.

KRN Heat Exchanger IPO

IPO Details:

IPO Date: September 25–27, 2024

Industry: Engineering & Manufacturing

Price Band: ₹202-₹220 per share

GMP (as of last update): ₹225

Why It’s Worth Watching: KRN Heat Exchanger has gained a strong market position by offering innovative and sustainable solutions in the industrial engineering sector. The company’s consistent financial performance and recent expansion into advanced heat exchange technologies have made this IPO one to watch. With a Grey Market Premium (GMP) of ₹225, there is a strong indicator of investor confidence, suggesting a significant oversubscription is likely.

Investor Tip: As the GMP remains high, keep track of any fluctuations that could provide insight into investor sentiment before the listing date. Strong market interest could result in a profitable listing.

Manba Finance IPO

IPO Details:

Expected IPO Date: September 23–25, 2024

Industry: Financial Services

Price Band: ₹114-₹120 per share

GMP (as of last update): ₹60

Why It’s Worth Watching: Manba Finance has established itself as a leader in consumer and vehicle financing, with a growing portfolio and expanding client base. The company’s robust revenue growth in 2024 and a strong return on equity (ROE) make this IPO attractive to investors. With a current GMP of ₹60, Manba Finance is poised for moderate listing gains, appealing to both retail and institutional investors.

Investor Tip: Monitor any significant changes in the GMP and consider how this IPO fits within broader market trends in the financial sector. Given its stable growth and strong fundamentals, this IPO could offer long-term returns.

TechEra Engineering IPO

IPO Details:

Expected IPO Date: September 25–27, 2024

Industry: Aerospace & Defense Manufacturing

Price Band: ₹75-₹82 per share

GMP (as of last update): ₹10

Why It’s Worth Watching: TechEra Engineering has carved out a niche in the aerospace and defense sectors, with its cutting-edge manufacturing processes. The company has shown impressive growth, with revenue jumping from ₹26.59 crore in 2023 to ₹39.08 crore in 2024. Although the current GMP is a modest ₹10, the company’s long-term prospects and growing order book in the defense sector make it a worthwhile investment for those looking at long-term gains.

Investor Tip: TechEra’s focus on high-precision components and increasing global market share could yield substantial future growth. While the short-term gains may be limited, this IPO could offer strong potential for long-term investors.

Understanding Grey Market Premium (GMP) and Its Importance

Grey Market Premium (GMP) is an indicator of the premium at which IPO shares are being traded in the unofficial market before they are listed on the stock exchanges. A high GMP typically signals strong investor interest and the likelihood of the IPO being oversubscribed, potentially leading to higher listing gains.

How to Use GMP in Your Investment Strategy:

Gauging Demand: A rising GMP often indicates increasing demand for the IPO shares, which could translate into a successful listing.

Risk Assessment: While a high GMP can be a positive sign, it’s important to consider the overall market conditions and the company’s fundamentals before investing.

Timing Your Investment: Monitoring GMP trends can help you decide whether to invest in the IPO or wait until the shares are listed and trading begins on the exchange.

Final Thoughts

2024 is shaping up to be an exciting year for IPOs, with several companies poised to make a significant impact on the market. By keeping track of upcoming IPOs and their Grey Market Premiums, you can better navigate the investment landscape and identify opportunities for potential gains.

As always, while GMP can offer valuable insights, it should be just one of many factors considered when making investment decisions. Thorough research and a clear understanding of your financial goals will help you make the most of the opportunities that 2024 has to offer.

Stay tuned to our platform for the latest updates on upcoming IPOs and GMP trends. Whether you’re looking to capitalize on short-term gains or seeking long-term investment opportunities, staying informed is key to success in the dynamic world of IPO investing.

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Live (IPO GMP) IPO Grey Market Premium Updates

Upcoming IPO Watch provides the latest updates on IPO GMP, helping investors track the upcoming IPO GMP trends and the premium at which IPO shares are traded in the grey market. Stay informed with IPO GMP today to gauge market sentiment and make better investment decisions. Our platform offers real-time information on IPO Grey Market Premiums, expected listing prices, and other key insights, ensuring you stay ahead in the world of IPO investing.

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Vibhor Steel Tubes IPO: On the first day of bidding, investors responded remarkably well to Vibhor Steel Tubes’ ₹72 crore initial public offering (IPO), with subscriptions reaching 27.63 times. When the bidding opened on February 13, offers for 9.92 crore shares were received, out of the 35.92 lakh shares that were available. The IPO is scheduled to close on February 15th. Chittorgarh claims that as of noon on the second day, 61.48 times had subscribed for the IPO.

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Understanding Grey Market Premium (GMP) for IPO Success: Cracking the Code

Navigate IPO investments by understanding Grey Market Premium (GMP), comprehending its significance, and using it to make informed decisions.

[rupeezy1222]

Understanding Grey Market Premium (GMP) for IPO Success: Cracking the Code

Navigate IPO investments by understanding Grey Market Premium (GMP), comprehending its significance, and using it to make informed decisions.

[rupeezy1]

Understanding Grey Market Premium (GMP) for IPO Success: Cracking the Code

Navigate IPO investments by understanding Grey Market Premium (GMP), comprehending its significance, and using it to make informed decisions.

[trading88]

Understanding Grey Market Premium (GMP) for IPO Success: Cracking the Code

Navigate IPO investments by understanding Grey Market Premium (GMP), comprehending its significance, and using it to make informed decisions.

[wealthview]

Credo Brands Marketing IPO GMP, Price, Date, Company profile

New Post has been published on https://wealthview.co.in/credo-brands-marketing-ipo/

Credo Brands Marketing IPO GMP, Price, Date, Company profile

Credo Brands Marketing IPO: Calling all fashionistas and savvy investors! The menswear scene in India is about to get a major boost with the hotly anticipated IPO of Credo Brands Marketing Limited, the powerhouse behind the iconic Mufti brand. Mark your calendars, because the subscription window opens on December 19, 2023, promising a potential goldmine for those who get in early.

About Mufti:

Mufti has carved a niche for itself in the Indian fashion landscape, synonymous with stylish, youthful, and affordable menswear. With over 250 exclusive stores and 4,500 multi-brand outlets across the country, it’s no surprise that Credo Brands is making waves with its IPO plans.

Credo Brands Marketing IPO Dates & Price :

Dates to Mark:

Subscription Open: December 19, 2023

Subscription Close: December 21, 2023

Listing on BSE/NSE: Tentatively December 26, 2023

Price and Potential:

Price Band: Rs. 266 – Rs. 280 per share (fixed)

Grey Market Premium (GMP): Positive at Rs. 25 – Rs. 30 per share (as of December 16, 2023) – this indicates strong investor sentiment!

What’s on Offer?

Offer Type: Offer for Sale (OFS) of up to 19,634,960 equity shares

Issue Size: Up to Rs. 549.78 crore – a chance to be part of a growing brand

Reasons to Get Pumped:

Strong Financials: Credo Brands boasts impressive revenue and profit growth, along with healthy return on equity (ROE) and debt-to-equity ratio (D/E).

Diverse Portfolio: Mufti is just the tip of the iceberg! The company owns a range of brands catering to different segments, ensuring stability and growth potential.

Experienced Leadership: A team of seasoned professionals with a proven track record steers the company, giving investors confidence.

Of course, no investment comes without its risks. The apparel industry is competitive, and macroeconomic factors can impact consumer spending. However, Credo Brands’ strong fundamentals and growth trajectory make it a compelling proposition for those seeking long-term value.

Stay Ahead of the Curve:

Dive deeper: Download the Red Herring Prospectus (RHP) for a detailed financial analysis.

Track the buzz: Keep an eye on BSE/NSE IPO pages for updates and expert commentary.

Seek advice: Consult a qualified financial advisor to make informed investment decisions.

The Credo Brands Marketing IPO is a game-changer for the Indian fashion industry and a potential goldmine for investors.

Beneath the Brand Buzz:

While Mufti’s name lights up the menswear scene, the IPO offer goes beyond. Credo Brands houses a diverse portfolio, from the urbane Urban Nomad to the comfort-centric BEING. This diversification mitigates brand-specific risks and expands the company’s reach across different segments, a crucial advantage in a dynamic market.

Credo Brands Marketing Financials:

Credo Brands’ financial story is a compelling one. Revenue and profit have consistently trended upwards, showcasing a company on the rise. The cherry on top? Healthy ROE and D/E ratios, indicators of strong financial management and efficient utilization of capital. These numbers paint a promising picture for future growth and investor returns.

But Hold Your Horses, Fashionistas:

While the allure is undeniable, it’s crucial to acknowledge the potential roadblocks. The Indian apparel industry is a competitive battlefield, with established players and nimble newcomers vying for market share. Macroeconomic factors like inflation and consumer sentiment can also play a fickle hand, impacting the company’s performance.

Risks & Rewards: The Mufti Balancing Act:

Competitive Landscape: The battle for retail space and consumer attention is fierce. Can Credo Brands maintain its edge against established rivals and adapt to changing trends?

Macroeconomic Headwinds: Rising costs and fluctuating consumer spending can dampen demand. Is the company equipped to navigate these uncertainties and maintain profitability?

Brand Dependence: While diversification exists, Mufti remains the flagship brand. Is the company’s future overly reliant on its success?

Advice for Investors

Scrutinize the RHP: Dive deep into the financial details and growth projections. Understand the company’s strategies for mitigating risks and capitalizing on opportunities.

Seek Expert Counsel: Consult a qualified financial advisor who can assess your individual risk appetite and tailor an investment strategy aligned with your goals.

Don’t Chase Trends: Stay grounded in fundamental analysis and avoid getting swept away by hype or FOMO. Remember, long-term value trumps short-term thrills.

The Final Stitch: A Fashionable Future?

The Credo Brands Marketing IPO presents a compelling proposition for savvy investors seeking a slice of the growing Indian fashion pie. However, a cautious and informed approach is key. By understanding the company’s strengths, risks, and market dynamics, you can make an investment decision that fits your portfolio and risk tolerance.

So, fashionistas and investors alike, remember this: The Mufti Mania is real, but it’s not just about the label. Do your research, weigh the risks and rewards, and invest in the fabric of a future you believe in. Get More details on Groww

Also Read: How to Apply for IPO?

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IPO GMP: Top 6 Mistakes to Avoid

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Bajaj Housing Finance IPO opens on Monday: GMP jumps; shareholder quota, date, review, other details of upcoming IPO

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Understanding Grey Market Premium (GMP) for IPO Success: Cracking the Code

Navigate IPO investments by understanding Grey Market Premium (GMP), comprehending its significance, and using it to make informed decisions.

[businessviewpointmag]

Vishal Mega Mart’s ₹8,000-Crore IPO Opens: A Potential Investment Opportunity?

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Source: moneycontrol.com

IPO Highlights and Market Sentiment

Vishal Mega Mart, one of India’s leading hypermarket chains, launched its ₹8,000-crore Initial Public Offering (IPO) today, December 11, 2024. Backed by private equity firm Kedaara Capital, the IPO has generated significant buzz in the financial community due to the company’s strong fundamentals. Analysts have pointed out Vishal Mega Mart’s robust financial health, debt-free status, and extensive market footprint as key factors that make it an attractive investment. The IPO is open for subscription until December 13, with the price band set at ₹74-78 per equity share. The shares are scheduled to list on the NSE and BSE on December 18, 2024.

In addition to positive analyst recommendations, the IPO is commanding a strong Grey Market Premium (GMP), reflecting high investor interest. According to market trackers, Vishal Mega Mart shares are trading at a premium of ₹17, translating to an expected listing gain of nearly 22%. While GMP trends indicate sentiment, actual listing prices can vary, urging investors to remain cautious.

Analysts’ Take: Subscribe for Long-Term Gains

Several leading brokerage firms have issued “Subscribe” recommendations for the IPO. AUM Capital highlighted Vishal Mega Mart’s dominance in the organized retail sector and its advantage over unorganized competitors due to rising disposable incomes and growing consumer preference for hygienic products. “Healthy financials and a debt-free status give Vishal Mega Mart a strong edge,” the firm noted, endorsing the IPO for long-term investors.

The company operates a robust network of 645 stores across 414 cities in 28 states and two union territories, as of September 2024. It targets middle and lower-middle-income groups with a diverse product portfolio that includes apparel, groceries, electronics, and home essentials. The hypermarket chain also benefits from its digital presence through a mobile app and website. Analysts from Anand Rathi called the IPO “fairly priced” and recommended it as a long-term investment opportunity.

Delhi-based brokerage SMIFS echoed similar optimism, citing growth potential in Tier II cities and hyperlocal delivery services as key drivers of future expansion. The company plans to add 80-100 new stores in underserved markets, aiming to strengthen its presence in cities with populations over 50,000. However, diversification efforts in the western parts of the country may pose short-term risks.

Risks and Considerations

Despite the favorable outlook, potential risks merit attention. Master Capital Service pointed out that Vishal Mega Mart’s reliance on third-party vendors for manufacturing could impact operational efficiency. Additionally, a significant portion of its revenues comes from stores in Uttar Pradesh, Karnataka, and Assam, making it vulnerable to regional economic or political disruptions. These factors underline the need for cautious optimism among investors.

Incorporated in 2001, Vishal Mega Mart has established itself as a major player in the organized retail sector, catering to everyday consumer needs. While analysts see the IPO as a promising long-term investment, prospective investors should weigh the associated risks before subscribing.

[parkavifinance]

Latest IPO GMP Analysis | Parkavi Finance

​⁠@ParkaviFinance Latest IPO Grey Market Premium (GMP) Analysis 🚀

1️⃣ Inventurus Knowledge Solutions IPO: Priced at ₹1,329, showing a GMP of ₹406 (30%) 👍🏻 indicating potential gains!

2️⃣ One Mobikwik Systems IPO: Priced at ₹279, showing a GMP of ₹166 (59%) 👍🏻 indicating potential gains!

3️⃣ Vishal Mega Mart IPO: Priced at ₹78, showing a GMP of ₹20 (26%) 👍🏻 indicating potential gains!

4️⃣ Sai Life Science IPO: Priced at ₹549, showing a GMP of ₹62 (11%) 👎🏻 indicating less potential gains.

5️⃣ International Gemmological Institute India IPO: Priced at ₹417, showing a GMP of ₹97 (23%) 👍🏻 indicating potential gains!

6️⃣ Mamata Machinery IPO: Priced at ₹243, showing a GMP of ₹93 (38%) 👍🏻 indicating potential gains!

7️⃣ Transrail Lighting IPO: Priced at ₹432, showing a GMP of ₹0 (0%) 👎🏻 indicating less potential gains.

8️⃣ Concord Enviro Systems IPO: Priced at ₹701, showing a GMP of ₹0 (0%) 👎🏻 indicating less potential gains.

9️⃣ Dam Capital Advisors IPO: Priced at ₹263, showing a GMP of ₹0 (0%) 👎🏻 indicating less potential gains.

🔟 Sanathan Textiles IPO: Priced at ₹321, showing a GMP of ₹0 (0%) 👎🏻 indicating less potential gains.

1️⃣1️⃣ Ventive Hospitality IPO: Pricing TBA, showing a GMP of ₹0 (0%) 👎🏻 indicating less potential gains.

"Discover the latest Grey Market Premium (GMP) trends for upcoming IPOs including Inventurus Knowledge Solutions, One Mobikwik Systems, Vishal Mega Mart, Sai Life Science, and more. Get insights into potential gains and market expectations."

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Toss The Coin IPO Listing

Toss the Coin IPO listing is making waves in the stock market, and it’s easy to see why. After an exceptional subscription phase, this IPO has investors buzzing with excitement. The high demand during the subscription period wasn’t the only factor driving this frenzy—its robust grey market premium (GMP) has added even more fuel to the fire. Toss the Coin IPO – Bidding Insights Toss the Coin’s…