20 IPOs to open for subscription this week: GMPs signal up to 38% returns
Twenty IPOs are opening or closing for subscription between September 28 and 30, with GMPs indicating potential premiums of up to 38%. The lineup spans mainboard and SME issues.
Vans Electroengineerings is commanding the highest GMP among the 20 issues at Rs 45, or 38.14%, over its Rs 118 issue price. The Rs 33.98 crore BSE SME IPO opens on September 29 and closes on October 1, with listing scheduled for October 7.
SRIT India is trading at a GMP of Rs 31, implying a premium of about 23.85% over its Rs 130 issue price. The Rs 218.40 crore mainboard IPO opened on September 28 and will close on September 30, with listing expected on October 6.
EverestIMS Technologies is seeing a GMP of Rs 20, suggesting a 23.53% premium over its Rs 85 offer price. The Rs 48.46 crore BSE SME issue opens on September 29 and closes on October 5, with listing slated for October 8.
Acme India Industries is quoting at a GMP of Rs 30, or 15.31%, over its Rs 196 issue price. The Rs 121.69 crore BSE SME offer opens on September 30 and closes on October 6, with listing scheduled for October 9.
TNA Solutions has a GMP of Rs 7, translating into a 10% premium over the issue price of Rs 70. The Rs 37.86 crore BSE SME IPO opens on September 30 and closes on October 6, while listing is expected on October 9.
Shivchem Agro is commanding a Rs 6 GMP, indicating a 9.68% premium over its Rs 62 issue price. The Rs 14.01 crore BSE SME issue opened on September 28 and closes on September 30, with listing expected on October 6.
Nityas Gems & Jewellery is trading at a GMP of Rs 6, or 8%, over its Rs 75 issue price. The Rs 108.35 crore IPO opens on September 30 and closes on October 5, with shares expected to list on October 8.
Shah Investor's Home is seeing a GMP of Rs 12.50, indicating a 7.49% premium over its issue price of Rs 167. The Rs 90.17 crore mainboard IPO opened on September 28 and closes on September 30, with listing scheduled for October 6.
Paramount Syntex is currently showing no grey market premium against its Rs 127 issue price. The Rs 81.79 crore BSE SME IPO opens on September 30 and closes on October 6, with listing expected on October 9.
Sollfege Smart Electronics is currently showing a nil GMP against its Rs 55 offer price. The Rs 21.78 crore BSE SME IPO opens on September 30, closes on October 5 and is expected to list on October 8.
SJP Ultrasonic has not seen a meaningful grey market premium so far. The Rs 23.45 crore BSE SME IPO is priced at Rs 67 and will remain open from September 30 to October 5, with listing expected on October 8.
Vishal Nirmiti is currently trading without any grey market premium over its Rs 220 issue price. The Rs 178 crore IPO opens on September 30 and closes on October 5, with listing scheduled for October 8.
Omara Ventures India is yet to attract a grey market premium ahead of the issue. The Rs 41.99 crore BSE SME IPO, priced at Rs 311, opens on September 30 and closes on October 5, with listing expected on October 8.
Papadmalji Agro Foods has yet to see any grey market premium over its Rs 72 offer price. The Rs 20.18 crore NSE SME issue opens on September 29 and closes on October 1, with listing scheduled for October 7.
Black Opal Consultants is currently showing no grey market premium against its Rs 197 issue price. The Rs 55.08 crore BSE SME IPO opens on September 29 and closes on October 1, with listing expected on October 7.
Shree TNB Polymers is currently trading at a nil GMP against its Rs 53 issue price. The Rs 31.80 crore BSE SME IPO opened on September 28 and closes on October 5, with listing scheduled for October 8.
Pind Hospitality currently has no grey market premium over its Rs 99 offer price. The Rs 17.82 crore BSE SME IPO opened on September 28 and closes on September 30, with listing expected on October 6.
Acme Universal Safezone 9 has not yet attracted a grey market premium against its Rs 71 issue price. The Rs 35.93 crore BSE SME IPO opened on September 28 and closes on September 30, with listing slated for October 6.
