IPO Listing Today: The biggest bang is going to happen today on both the stock exchanges of the Indian stock market. Three explosive IPOs, Vishal Mega Mart Limited, One MobiKwik Systems and Sai Life Sciences Limited, will be listed simultaneously and the investors who have been allotted shares in these three IPOs are going to be in trouble today. Because from the latest GMP of these IPOs, it is being estimated that the investors who have got the allotment are going to earn huge profits.
Will Vishal Mega Mart make a splash on listing?
First of all, let’s talk about the biggest IPO of Vishal Mega Mart Limited, which raised Rs 8000 crore from the market. Vishal Mega Mart’s IPO has been subscribed about 29 times. The IPO received strong support from institutional and non-institutional investors. The company has raised money at the issue price of Rs 78 per share. And if gray market is to be believed, the listing of Vishal Mega Mart’s IPO could be around Rs 100. That means investors can get a listing gain of 28 percent.
MobiKwik’s shareholders will be in trouble!
MobiKwik Systems IPO is going to have a big listing on the stock exchange. The GMP of this IPO is also verifying this. Bumper listing of MobiKwik Systems is possible. In the gray market, MobiKwik is trading 58 percent or Rs 160 above the IPO issue price of Rs 279. In such a situation, it is believed that the stock may be listed around Rs 440. MobiKwik Systems’ IPO was subscribed 126 times in which the retail category was subscribed 142 times and the institutional investors category was subscribed 126 times. The company has raised Rs 572 crore from the market through IPO.
Sai Life Sciences will surprise!
Better listing of Sai Life Sciences IPO is expected but the GMP of this IPO is less than Vishal Mega Mart and Mobikwik. GMP of Sai Life Sciences Limited is trading up by 13 percent or Rs 72. That means this IPO can be listed around Rs 621. The company has raised Rs 3042 crore from the market at the issue price of Rs 549. The IPO of Sai Life Sciences was subscribed 10.27 times.
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