IPO GMP Today: ESDS Software Solution, Lumino Industries and Priority Jewels are drawing investor attention as their IPOs progress, with bidding timelines and demand in focus. Among the three issues, ESDS Software Solution IPO is leading the listing-gain race among three public issues tracked today, while Lumino Industries is close behind. Priority Jewels IPO is also commanding a premium in the grey market as investors assess demand ahead of the respective listing dates.
The public issues of ESDS Software Solution and Priority Jewels opened for subscription on August 28 and will close on September 1. The Lumino Industries IPO opened on August 27 and will close for subscription today, on August 31.
Priority Jewels IPO GMP Today
The grey market premium is Rs 45 as of 12 pm am on August 31. Against the cap price of Rs 200, the expected listing price is Rs 245, translating to an estimated gain of 22.50 per cent.
Priority Jewels IPO Latest Day 2 Subscription Status
The Priority Jewels IPO has been subscribed 7.25 times as of 11 am on Monday.
Priority Jewels IPO Details
Jewellery manufacturer Priority Jewels is seeing steady interest across investor categories on its second day of bidding.
Priority Jewels IPO Issue Size and Structure
Priority Jewels IPO Price Band and Lot Size
Priority Jewels IPO Key Dates
ESDS Software Solution IPO GMP Today
As of 12 pm on August 31, shares were trading at a grey market premium of Rs 335. Based on the upper price band of Rs 429, the stock’s estimated listing price stands at Rs 764, signalling a listing gain of 78.09 per cent.
The ESDS Software Solution IPO has been subscribed 5.19 times as of 10:30 a.m. on August 31.
ESDS Software Solution IPO Issue Size
Cloud infrastructure and data centre services provider ESDS Software Solution is commanding strong demand in the unofficial market.
A 100 per cent fresh issue worth Rs 720 crore (1.68 crore equity shares).
ESDS Software Solution IPO Price Band and Lot Size
Rs 408 to Rs 429 per share. A minimum bid of 34 shares (1 lot) requires a retail investment of Rs 14,586.
ESDS Software Solution IPO Key Dates
ESDS Software vs Priority Jewels: Which IPO Offers the Best Listing Gain?
Based on the latest GMP, ESDS Software Solution has the highest implied listing upside and potential per-lot gain among the three IPOs.
ESDS Software Solution offers a potential gain of Rs 11,390 per lot, calculated as Rs 335 GMP multiplied by 34 shares, while Priority Jewels trails with Rs 3,375 per lot (Rs 45 GMP × 75 shares).
(Disclaimer: The above article is meant for informational purposes only and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)
Shahnaz writes on a wide range of topics, including business, social issues, politics, environment, lifestyle and gender. She has previously wrote long-form content covering a wide range of topics, including politics, policies, and more. Additionally, she monitored wires services, social media, and local news outlets for breaking news and relevant stories. Also, she honed her skills in short-form writing, delivering accurate and concise content in a time-bound manner, from breaking news to engaging updates and latest developments on the respective topics. She holds a PG Diploma in Media Studies: Film and Television, with a master’s degree in Journalism and Mass Communication: Research from the University of Calcutta. With over 5 years of experience in journalism, including ground reporting, desk, coordination and copywriting, she excels in both arenas – desk and field. She has covered the West Bengal Assembly Elections 2021 and Lok Sabha Elections 2019 and reported on several news stories from West Bengal. She has extensively covered the TMC beat from 2018 to 2021. Apart from work, Shahnaz likes cooking, watching movies and reading books. She also loves travelling.
