IPO GMP 111% - Opportunity for Quick Earnings from Four Companies in Just One Week

An excellent opportunity for IPO listing gains has arrived. As of today, six companies' IPOs are open in the Indian stock exchange. Among these, the GMP (Grey Market Premium) for four companies is ranging from 15% to 111%. This means there is a chance to earn up to 111% returns in just 7 days.

Indian Phosphate GMP Trend

The IPO price was declared at ₹99 on August 19. There was no movement in the grey market for the first 3 days. On the fourth day, August 22, trading began with a ₹50 premium. By August 23, the premium rose to ₹90, and on August 26, when the IPO opened, the premium reached ₹110. Due to this, the estimated listing price of the company's shares has become ₹209. If the shares list at this price on September 3, those who subscribed to the IPO will earn a 111.11% profit.

Premier Energies GMP Trend

Look at the strength of this company. On August 21, when the company hadn't yet declared its IPO price, bids for purchasing shares with a ₹190 premium were already being placed in the grey market. On August 22, the IPO price was declared at ₹450. Meanwhile, trading in the grey market began with a ₹280 premium. On subsequent days, the premium rose to ₹305, then ₹330, ₹336, and finally ₹358 by the fifth day. If this pace of premium increase continues, subscribers to this IPO will be very fortunate. However, even if the situation remains the same, the estimated listing price has become ₹808, which means subscribers could gain a 79.56% profit.

Jay Bee Laminations IPO GMP Trend

This company received a response in the grey market from the first day itself. The IPO price is ₹146. Trading began with a ₹45 premium. On August 23, the premium rose to ₹65 and on August 24, it increased to ₹85. Since then, trading has been continuing at an ₹85 premium. The estimated listing price has become ₹231, which means that if you subscribe to the IPO and grey market trading continues as it is, you could earn a 58.22% return in just one week.

Vdeal System IPO GMP Trend

This company's situation in the grey market was quite weak. On August 23, the IPO price was opened at ₹112, but the grey market turned its back in a "Hum Aapke Hain Koun" style. The grey market remained uninterested for 3 consecutive days on August 23, 24, and 25. Finally, on August 26, trading began with great difficulty at a ₹15 premium. On August 27, when the IPO opened, the premium increased to ₹17. According to this, there is a potential for a 15.18% profit. If some miracle happens before the IPO listing, the profit could be more than 15%.

Disclaimer: This is a news article published to provide information to investors in the Indian share market. We do not encourage or discourage investment in any company. Please consult your financial advisor and invest based on your own study of the share market.