Paramount Dye Tec Limited IPO GMP Today

Paramount Dye Tec Limited IPO today gmp is ₹GMP is ₹0, last updated Oct 2nd 2024. With the price band of 117.00, Paramount Dye Tec SME IPO’s estimated listing price is ₹117 (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 Paramount Dye Tec IPO GMP with expected listing price.

Paramount Dye Tec Limited IPO GMP

GMP Date IPO Price GMP Sub2 Sauda Rate Estimated Listing Price Last Updated
02-10-2024 117.00 ₹0  ₹117 (0%) 2-Oct-2024
01-10-2024 117.00 ₹0  ₹117 (0%) 1-Oct-2024
30-09-2024 Open 117.00 ₹0  ₹117 (0%) 30-Sep-2024
29-09-2024 117.00 ₹0  ₹117 (0%) 29-Sep-2024
28-09-2024 117.00 ₹0  ₹117 (0%) 28-Sep-2024
27-09-2024 117.00 ₹0  ₹117 (0%) 27-Sep-2024
26-09-2024 117.00 ₹0  ₹117 (0%) 26-Sep-2024

Paramount Dye Tec Limited IPO Subscription Status

Paramount Dye Tec Limited IPO today subscription status stands at 1.51 times. The public issue subscribed 2.82 times in the retail category, 0.00 times in QIB, and 0.46 times in the NII category by October 1, 2024

Investor Category Subscription (times) Shares Offered* Shares bid for Total Amount (Rs Cr.)*
Anchor Investors 1 6,91,200 6,91,200 8.087
Market Maker 1 1,22,400 1,22,400 1.432
Qualified Institutions 0.00 4,60,800 0 0
Non-Institutional Buyers*** 0.46 3,46,800 1,60,800 1.881
Retail Investors 2.82 8,08,800 22,78,800 26.662
Total ** 1.51 16,16,400 24,39,600 28.543

Total Application : 1,899

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.

Paramount Dye Tec IPO Subscription Details (times)

Date QIB NII* Retail Total
Day 1
Sep 30, 2024
0.00 0.13 0.78 0.42
Day 2
Oct 1, 2024
0.00 0.46 2.82

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 Paramount Dye Tec Limited 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 Paramount Dye Tec Limited 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 IPO 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 Paramount Dye Tec Limited 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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