Motisons Jewellers IPO GMP Today: Motisons Jewelers will start selling their stocks to the public on 18 December 2023 and the sale will end on 20 December 2023. The Motisons Jewelers IPO was priced at ₹151 crore. The price range for this IPO was set at Rs 52 to Rs 55 per share. Motisons Jewelers IPO was scheduled to be allotted on December 21, 2023.
Motisons Jewellers IPO GMP Today
Motisons Jewelers is going to start selling shares to the public tomorrow. On December 26, 2023, on the Bombay Stock Exchange and National Stock Exchange. All investors are watching the gray market premium of the IPO. Investors can figure out if they will make money or lose money on the IPO by looking at the gray market premium.
Motisons Jewellers IPO Grey Market Premium Today
A market expert said that the value of the Motisons Jewelers IPO in the gray market today (December 25, 2023) is ₹55. On Friday, the price of GMP was 89 rupees. Today, the extra amount of money people were willing to pay for Motisons Jewelers IPO has gone down by Rs 34. Investors really like the IPO. Motisons Jewellers IPO GMP Today The IPO has been requested 173. 03 times in all categories. Because the stock market is going down right now, the amount of extra money people are willing to pay for stocks has gone down. So, it looks like investors are not feeling very sure about their investments.
Understand how to calculate the gray market premium. The starting price of Motisons Jewelers IPO, plus its current gray market premium, equals the listing price of the IPO, which is around Rs 110. This means that there is expected to be a 100% profit on the day the IPO is listed.
| Parameter | Amount (in INR) |
|---|---|
| IPO Price | 55 |
| Grey Market Premium | 55 |
| Listing Price (IPO + Premium) | 110 |
What is Grey Market Premium
Before a company’s shares are officially traded on stock exchanges like BSE and NSE, people can buy and sell them in a market called the gray market. Shares are bought and sold in a different market called over-the-counter, which is not connected to the stock exchange. Motisons Jewellers IPO GMP Today The cost of a new stock before it goes on a stock exchange might not be the same as the cost of the stock once it is on the exchange. The gray market premium helps us guess if an IPO will make money or lose money when it starts trading.
Motisons Jewellers IPO Subscription Status
The Motisons Jewelers IPO has been requested 173. 03 times by everyone who wanted to buy it. Many big investors have shown a lot of interest in buying shares in this IPO. This IPO has gained 135. 01 times the number of investors it needed in this category. Motisons Jewellers IPO GMP Today The QIB category includes large mutual fund companies, pension funds, insurance companies, banks, and others.
Individual investors subscribed to the NII category 311. 93 NII means Indian Citizen, NRI means Non-Resident Indian, HUF means Hindu Undivided Family, Trust, Society, and so on. People who request for more than 200,000 shares. Now all that’s left is regular people like us. Regular people who invest in stocks have shown a lot of interest in Azad Engineering’s IPO, Motisons Jewellers IPO GMP Today with the amount they want to buy being 135. 22 times more than what is available.
| category | subscribe(fold) |
|---|---|
| QIB (Qualified Institutional Buyers) | 135.01 |
| NII (Non-Institutional Investors) | 311.93 |
| रिटेल (Retail Investors) | 135.22 |
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