Last chance to bet on the IPO of these 2 companies, check out GMP

IPO News Updates: Today is the last chance to bet on Aimtron Electronics IPO and Associated Coaters IPO. Both these IPOs were opened on May 30. Tell us other details including GMP –

1- Aimtron Electronics IPO

The size of this IPO is Rs 87.02 crore. The company will issue 54.05 lakh new shares through the IPO. For the IPO, the company has raised Rs. 153 to Rs. 161 price band was fixed. At the same time, 800 shares have been lotted. Due to which retail investors have to bet at least Rs 1,28,000.

The company is giving 2 bonus shares for 1 share, the price is less than 100 rupees, the money is double

The IPO was oversubscribed 2.33 times on the first day. While on the next day 5.50 percent subscription was received. Talking about gray market IPO today Rs. Available at a premium of 75. If this trend continues till the listing, the company may debut in the stock market at the rate of 46.58 percent.

2- Associated Coaters IPO

The company will issue 4.22 lakh new shares through the IPO. The company’s IPO size is Rs. 5.11 crores. Investors who placed bets will be allotted shares on June 4. Let us tell you that the price band of this IPO is 121 rupees per share. The lot size is made up of 1000 shares. Due to which investors have to bet at least Rs 1,21,000.

Talking about the gray market, the IPO is trading at a premium of Rs 51 today. If the situation remains unchanged till the listing, the company will trade in the stock market at Rs. 172 can be listed. Investors can make 42 percent profit on the first day.

Received 10 times compensation in two days

The IPO was oversubscribed 30.59 times on the next day i.e. May 31. The retail category received the highest number of subscriptions on the second day at 52.19 times. At the same time, the IPO received 10.43 times the subscription on the first day.

(This is not investment advice. Stock market is subject to risks. Consult experts before making any investment.)

Leave a Comment