IPO listing tomorrow, August 6: Worth Rs 2,090 cr issue! MV Electrosystems, Juniper Green Energy to debut on BSE, NSE – GMP, expected gains – Markets

IPO listing tomorrow, August 6: Worth Rs 2,090 cr issue! MV Electrosystems, Juniper Green Energy to debut on BSE, NSE - GMP, expected gains - Markets


According to various websites tracking grey market premiums, MV Electrosystems was commanding a GMP of Rs 102, implying a listing premium of around 24 per cent. This suggests an estimated listing price of Rs 527 per share. At this level, investors could make an estimated profit of Rs 3,468 on one lot of 34 shares.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *