Who is the lead manager for the Lakshya Powertech Limited IPO?

Lakshya Powertech Limited IPO’s lead manager is Corpwis Advisors Private Limited, a reputable firm known for its expertise in managing initial public offerings and providing strategic financial advisory services.

Who is the registrar for the Lakshya Powertech Limited IPO?

The registrar for the Lakshya Powertech Limited IPO is Kfin Technologies Limited a reputable firm known for its expertise in managing initial public offerings and providing strategic financial advisory services.

What is the current Grey Market Premium (GMP) for Lakshya Powertech Ltd IPO?

As of October 10th, 2024, the GMP for Lakshya Powertech Ltd IPO is ₹81. This suggests an estimated listing price of ₹261, which reflects a potential gain of 45%. The GMP is updated daily, so it’s important to stay tuned for the latest trends.

How does GMP affect IPO performance?

The Grey Market Premium (GMP) is an indicator of market sentiment before the IPO’s listing. A positive GMP, like the current ₹81 for Lakshya Powertech Ltd, suggests that the IPO may list at a higher price than its issue price, potentially leading to profits for investors. However, GMP is volatile and should not be the only factor in making investment decisions.

What are the risks associated with investing based on GMP?

Since the grey market operates outside official exchanges, it is unregulated and can be prone to price manipulation and volatility. The GMP may not accurately reflect the IPO’s actual listing price. Therefore, investing solely based on GMP can be risky, and investors should assess all factors before making a decision.

Lakshya Powertech Ltd IPO GMP Today & Subscription Status

Lakshya Powertech Ltd IPO GMP Today

Lakshya Powertech Ltd IPO today gmp is is₹172, last updated Oct 17th 2024 09:28 AM. With the price band of 180.00, Lakshya Powertech SME IPO’s estimated listing price is ₹352 (cap price + today’s GMP).The expected percentage gain/loss per share is 95.56%.

The GMP for Lakshya Powertech SME IPO has started from 2 session. It is still very early to determine the direction of the GMP. We are updating the information every day, stay tuned with the latest GMP and more details. Stay tuned to learn more about Lakshya Powertech SME IPO daily GMP performance and expected expected listing price.

Lakshya Powertech Ltd IPO Day-wise GMP

GMP Date	IPO Price	GMP	Sub2 Sauda Rate	Estimated Listing Price	Last Updated
17-10-2024	180.00	₹172	104600	₹352 (95.56%)	17-Oct-2024
16-10-2024 Open	180.00	₹172	104600	₹352 (95.56%)	16-Oct-2024
15-10-2024	180.00	₹169	102800	₹349 (93.89%)	15-Oct-2024
14-10-2024	180.00	₹135	82100	₹315 (75%)	14-Oct-2024
13-10-2024	180.00	₹135	82100	₹315 (75%)	13-Oct-2024
11-10-2024	180.00	₹100	60800	₹280 (55.56%)	11-Oct-2024
10-10-2024	180.00	₹100	60800	₹280 (55.56%)	10-Oct-2024
09-10-2024	180.00	₹51	31000	₹231 (28.33%)	9-Oct-2024

Lakshya Powertech Ltd IPO Subscription Status

Lakshya Powertech IPO subscribed 82.02 times. The public issue subscribed 132.15 times in the retail category, 1.37 times in QIB, and 90.29 times in the NII category by October 17, 2024.

Investor Category	Subscription (times)	Shares Offered*	Shares bid for	Total Amount (Rs Cr.)*
Anchor Investors	1	7,44,000	7,44,000	13.39
Market Maker	1	1,48,000	1,48,000	2.66
Qualified Institutions	1.37	5,24,800	7,16,800	12.90
Non-Institutional Buyers***	90.29	3,96,000	3,57,56,000	643.61
Retail Investors	132.15	8,96,000	11,84,06,400	2,131.32
Total **	82.02	18,88,800	15,49,28,000	2,788.70

Total Application : 148,008

Note:

*: “Shares Offered” and “Total Amount” are calculated based on the upper price of the issue price range.
**: The portion of anchor investors (or market makers) is not included in the total number of shares offered.
***: Market Maker portion is not included to NII/HNI.Lakshya Powertech IPO Subscription Details (times)

Date	QIB	NII*	Retail	Total
Day 1 Oct 16, 2024	1.37	64.61	100.68	61.71
Day 2 Oct 17, 2024	1.37	90.29	132.15	82.02

What is IPO GMP?

The grey market premium (GMP) indicates the unofficial trading price of an IPO before its listing and provides insights into potential market performance. A positive GMP suggests that the IPO of Lakshya Powertech Ltd may yield profits, while a negative GMP signals a possible discount at listing. However, it’s crucial to understand that IPO GMP can be highly volatile. Therefore, investors should not base their decisions solely on Lakshya Powertech Ltd GMP but should carefully evaluate all relevant factors before investing. Important Points to Consider About the Grey Market.

Here are five important points to consider about the grey market for IPOs:

Unregulated Trading: The grey market operates outside official stock exchanges, meaning it is unregulated. This lack of oversight can lead to increased risks, including price manipulation and lack of transparency.
Indicative Pricing: Grey market premiums (GMP) provide insights into investor sentiment and demand for an IPO before it officially listed
s. A high GMP indicates strong interest, while a low or negative GMP can suggest weak demand.
Liquidity and Volatility: Trading in the grey market can be more liquid and volatile compared to the formal market. Prices may fluctuate significantly based on speculative trading, leading to potential gains or losses for investors.
Impact on Subscription Decisions: Investors often consider grey market trends when deciding whether to subscribe to an IPO. A favorable GMP can encourage more participation, while an unfavorable premium may deter investors.
Risks of Loss: Investing based on grey market signals can be risky. Since the grey market is unofficial, there’s no guarantee that the prices will reflect actual market conditions once the shares are listed, potentially leading to losses if expectations aren’t met.

What is the Subscription Status?

Subscription status refers to the current level of interest and investors’ participation in an Initial Public Offering (IPO). It indicates how many shares have been applied for compared to the total number of shares available for subscription. Subscription status is typically reported in terms of the number of times the issue has been oversubscribed, which can be expressed as a ratio. A high subscription status often reflects strong demand for the IPO, while low subscription levels may signal weaker interest. Investors closely monitor subscription status to gauge market sentiment and the potential performance of the IPO once it is listed on the stock exchange.

Read More About Lakshya Powertech Ltd IPO

Disclaimer: Investing in Initial Public Offerings (IPOs) involves substantial risk, and financial returns are not guaranteed. The information provided should not be construed as financial or investment advice. Prospective investors are advised to consider their economic situation, investment objectives, and risk tolerance before participating in an IPO. It is recommended to consult with a qualified financial advisor or professional before making any investment decisions. Past performance is not indicative of future results. Investments in IPOs may be subject to market risk, including the potential loss of principal.

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