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Subam Papers Limited  IPO GMP Today & Subscription Status

Subam Papers Limited  IPO GMP Today Subam Papers Limited IPO today gmp is ₹60, last updated Oct 2nd…

Published On: October 2nd 2024Follow Us On Google News
Subam Papers Limited  IPO GMP Today & Subscription Status
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Subam Papers Limited  IPO GMP Today

Subam Papers Limited IPO today gmp is ₹60, last updated Oct 2nd 2024. With the price band of 152.00, Subam Papers SME IPO’s estimated listing price is ₹212 (cap price + today’s GMP).The expected percentage gain/loss per share is 39.47%.

We update GMP on a daily basis and based on last 7 sessions grey market activities, today IPO GMP points upward and expects a strong listing. The lowest GMP is ₹0, while the highest GMP is ₹60. Stay with us for daily IPO updates on the price trend of Subam Papers SME IPO GMP, including the expected listing price.

Subam Papers Day-wise IPO GMP

GMP Date IPO Price GMP Sub2 Sauda Rate Estimated Listing Price Last Updated
02-10-2024 152.00 ₹60  36500 ₹212 (39.47%) 2-Oct-2024
01-10-2024 152.00 ₹60  36500 ₹212 (39.47%) 1-Oct-2024
30-09-2024 Open 152.00 ₹60   36500 ₹212 (39.47%) 30-Sep-2024
29-09-2024 152.00 ₹55   33400 ₹207 (36.18%) 29-Sep-2024
28-09-2024 152.00 ₹40   24300 ₹192 (26.32%) 28-Sep-2024
27-09-2024 152.00 ₹15   9100 ₹167 (9.87%) 27-Sep-2024
26-09-2024 152.00 ₹0  ₹152 (0%) 26-Sep-2024

Subam Papers Limited IPO Subscription Status

Subam Papers Limited IPO today subscription status stands at 3.29 times. The public issue subscribed 5.47 times in the retail category, 0.00 times in QIB, and 2.59 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 17,56,800 17,56,800 26.703
Market Maker 1 3,08,800 3,08,800 4.694
Qualified Institutions 0.00 11,71,200 0 0
Non-Institutional Buyers*** 2.59 8,78,400 22,75,200 34.583
Retail Investors 5.47 20,49,600 1,12,12,800 170.435
Total ** 3.29 40,99,200 1,34,88,000 205.018

Total Application : 30,305

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.

Subam Papers IPO Subscription Details (times)

Date QIB NII* Retail Total
Day 1
Sep 30, 2024
0.00 0.33 0.75 0.44
Day 2
Oct 1, 2024
0.00 2.59 5.47 3.29

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 Subam Papers 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 Subam Papers 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 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 Subam Papers 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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