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SJ Logistics IPO: Investors will be able to place bets on the SJ Logistics IPO from today i.e. Tuesday. This will be a completely fresh issue. The company will issue 38.4 lakh shares to investors. There is good news from the gray market for investors looking to make a bet. Let us tell you that the price band of SJ Logistics IPO has been fixed at 121 to 125 rupees per share.
1 Share rockets on news, 20% upper circuit imposed, price below Rs 100
GMP Proud (SJ Logistics IPO GMP Today)
SJ Logistics is performing well in the gray market. The company is trading at a premium of Rs 105 today. GMP suggests that SJ Logistics spends Rs. 230 can be listed. Due to which investors can get 84 percent profit on the first day. If this happens, investors will make bumper earnings on the day of listing.
The IPO will open from 14th December, priced at Rs. 65, details
A lot of 1000 shares is made
A company has created a lot of 1000 shares. Due to which investors have to bet at least 1,25,000 rupees. Any retail investor can subscribe for a maximum of one lot only. Let us tell you that 50 percent of the IPO is reserved for qualified institutional investors. At the same time, 35 percent share has been reserved for retail investors.
SJ Logistics’ IPO was opened to anchor investors on December 11. The company through Anchor Investors raised Rs. 13.65 crore has been collected.