Mumbai1 hour ago
- copy link
Shares of One MobiKwik Systems Limited, Vishal Mega Mart Limited and Sai Life Sciences Limited will be listed in the market today i.e. on 18th December. All three IPOs were open for investment from 11 to 13 December.
One MobiKwik Systems IPO total subscribed 125.02 times
- One MobiKwik Systems’ IPO was subscribed a total of 125.02 times. The issue was subscribed 138.42 times in the retail category, 138.42 times in the Qualified Institutional Buyers (QIB) category and 125.82 times in the Non-Institutional Investors (NII) category.
- Vishal Mega Mart’s IPO was subscribed total 28.72 times. The issue was subscribed 2.37 times in the retail category, 85.11 times in the QIB category and 15.00 times in the NII category.
- Sai Life Sciences’ IPO was subscribed a total of 10.23 times. The issue was subscribed 1.30 times in the retail category, 29.78 times in the QIB category and 4.99 times in the NII category.
1. One MobiKwik Systems Limited
One MobiKwik Systems Limited had fixed the IPO price band at ₹265-₹279. Retail investors could bid for a minimum of one lot i.e. 53 shares. If you had applied for 1 lot as per the upper price band of IPO at ₹ 279, you would have had to invest ₹ 14,787.
One MobiKwik in the gray market Premium of 57.35% Before the IPO opened, the company’s shares had reached a premium of 57.35% i.e. ₹ 160 per share in the gray market. In such a situation, according to the upper price band of ₹ 279, its listing can be at ₹ 439. However, this is only an estimate, the listing price of a share is quite different from the gray market price.
Fintech company Mobikwik was established in March 2008. MobiKwik is a fintech company, founded in March 2008. The company provides prepaid digital wallet and online payment service, through which customers can make other payments including mobile recharge, electricity bill and credit card payment. The MobiKwik application also provides digital credit, investment and insurance products, expanding the utility of the platform for both new and existing customers.
As of June 30, 2024, the company had 161.03 million registered users and 4.26 million merchants accepting payments both online and offline.
2. Vishal Mega Mart Limited
Vishal Mega Mart had fixed the price band of this issue at ₹74-₹78. Retail investors could bid for a minimum of one lot i.e. 190 shares. If you had applied for 1 lot as per the upper price band of IPO of ₹78, you would have had to invest ₹14,820.
Vishal Mega Mart premium in gray market 24.36% Before the IPO opened, the company’s shares had reached a premium of 24.36% i.e. ₹ 19 per share in the gray market. In such a situation, according to the upper price band of ₹78, it can be listed at ₹97. However, this is only an estimate, the listing price of a share is quite different from the gray market price.
The company has more than 600 stores in 391 cities. Vishal Mega Mart was established in 2001. It is a hypermarket chain that sells products including apparel, grocery, electronics and home essentials. As of September 30, 2024, the company had more than 600 stores and 16,537 employees in 391 cities in the country. Along with this, the company also sells its products through mobile app and website.
3.Sai Life Sciences Limited
Sai Life Sciences Limited had fixed the IPO price band at ₹522-₹549. Retail investors could bid for a minimum of one lot i.e. 27 shares. If you had applied for 1 lot as per the upper price band of IPO of ₹ 549, you would have had to invest ₹ 14,823.
Sai Life Sciences Limited was established in January 1999. Sai Life Sciences Limited, established in January 1999, researches, develops and manufactures small molecule novel chemical entities. The company provides special services to biotech firms and global pharma companies.
Source link
[ad_3]
