MSMEStory
MSMEStory
Home > IPO Updates > NeoPolitan Pizza and Foods IPO GMP Today & Subscription Status

NeoPolitan Pizza and Foods IPO GMP Today & Subscription Status

NeoPolitan Pizza and Foods IPO GMP Today NeoPolitan Pizza and Foods IPO today gmp is ₹0, last updated…

Published On: October 3rd 2024Follow Us On Google News
NeoPolitan Pizza and Foods IPO GMP Today & Subscription Status
Share This Post Via
Table of Contents

NeoPolitan Pizza and Foods IPO GMP Today

NeoPolitan Pizza and Foods IPO today gmp is ₹0, last updated Oct 3rd 2024. With the price band of 20.00, NeoPolitan Pizza and Foods SME IPO’s estimated listing price is ₹20 (cap price + today’s GMP).The expected percentage gain/loss per share is 0.00%.

We update GMP on a daily basis and based on last 7 sessions grey market activities, today IPO GMP trend, no major movement is observed in GMP, expect same trend till listing day. Stay with us to know the daily price trend of NeoPolitan Pizza and Foods SME IPO GMP with expected listing price.

NeoPolitan Pizza and Foods Day-wise IPO GMP

GMP Date IPO Price GMP Sub2 Sauda Rate Estimated Listing Price Last Updated
04-10-2024 Close 20.00 ₹0  ₹20 (0%) 4-Oct-2024
03-10-2024 20.00 ₹0  ₹20 (0%) 3-Oct-2024
02-10-2024 20.00 ₹0  ₹20 (0%) 2-Oct-2024
01-10-2024 20.00 ₹0  ₹20 (0%) 1-Oct-2024
30-09-2024 Open 20.00 ₹0  ₹20 (0%) 30-Sep-2024
29-09-2024 20.00 ₹0  ₹20 (0%) 29-Sep-2024
28-09-2024 20.00 ₹0  ₹20 (0%) 28-Sep-2024
27-09-2024 20.00 ₹0  ₹20 (0%) 27-Sep-2024

NeoPolitan Pizza and Foods IPO Subscription Status

NeoPolitan Pizza and Foods IPO today subscription status stands at 9.42 times. The public issue subscribed 16.90 times in the retail category, 1.94 times in Other category by October 3, 2024.

Investor Category Subscription (times) Shares Offered Shares Bid for Total Amount (Rs Cr.)*
Others 1.94 2,850,000 55,38,000 11.08
Retail Investors 16.90 2,850,000 4,81,56,000 96.31
Total * 9.42 5,700,001 5,36,94,000 107.39

Total Application : 18,522 (38.99 times)

Disclaimer: *The total amount is calculated based on the final issue price or the price in the upper price range.

* Market Maker portion of 300,000 equity shares not included.

NeoPolitan Pizza and Foods IPO (Day-wise) Subscription Details (times)

Date Other Retail Total
Day 1
September 30, 2024
0.12 1.54 0.83
Day 2
October 1, 2024
0.44 5.12 2.78
Day 3
October 3, 2024
1.94 16.90 9.42

What is IPO GMP?

NeoPolitan Pizza and Foods IPO today gmp and subscription status

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 NeoPolitan Pizza and Foods  IPO 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 NeoPolitan Pizza and Foods  IPO 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:

  1. 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.
  2. Indicative Pricing: Grey market premiums (GMP) provide insights into investor sentiment and demand for an IPO before it officially listed
  3. s. A high GMP indicates strong interest, while a low or negative GMP can suggest weak demand.
  4. 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.
  5. 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.
  6. 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 NeoPolitan Pizza and Foods  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.

Want to Raise money for your company through SME IPO? Read More

Frequently Asked Questions

Related Posts

msmestory footer bannermsmestory footer banner
Copyright © 2024, msmestory.com All rights reserved.
Whatsapp