Pratham EPC Projects Limited IPO GMP Price
Pratham EPC Projects Limited IPO GMP Price: Stay updated on the latest trends with a positive last GMP of ₹96, suggesting potential gains of 128.00% per share.
by Alaguvelan M
Updated Mar 11, 2024
On This Page
Pratham EPC Projects Limited IPO GMP Price
The latest update on the Grey Market Premium (GMP) for Pratham EPC Projects SME IPO reveals a good picture. As of March 11, 2024, at 1 PM, the last GMP is ₹96 suggesting positive investment.
Although the price band of 75.00, and the estimated listing price is ₹171, it allows the cap price and today's GMP. This project indicates a potential gain of 128.00% per share.
The grey market analysis will update the GMP on the last 10 sessions daily, and today's upward movement in the GMP points to the way to a strong listing onwards.
The range of the GMP to watch carefully varies from lowest GMP to Highest GMP (₹0 to ₹96). Investors stay informed of the daily updates on the GMP with the expected listing price to make well-informed investment decisions.
Pratham EPC Projects Limited IPO GMP Range Past Week
GMP Date |
IPO Price |
GMP |
Estimated Listing Price |
11-03-2024 |
75.00 |
₹96 |
₹171 (128.00%) |
10-03-2024 |
75.00 |
₹95 |
₹170 (126.67%) |
09-03-2024 |
75.00 |
₹88 |
₹163 (117.33%) |
08-03-2024 |
75.00 |
₹88 |
₹163 (117.33%) |
07-03-2024 |
75.00 |
₹88 |
₹163 (117.33%) |
06-03-2024 |
75.00 |
₹80 |
₹155 (106.67%) |
Pratham EPC Projects Limited IPO Details
Pratham EPC Projects Limited is launching an Initial Public Offering (IPO) worth Rs 36.00 crores, offering 48 lakh fresh shares. The IPO subscription period runs from March 11 to March 13, 2024, with allotments expected to be finalized by March 14, 2024.
The company plans to list on NSE SME by March 18, 2024. Investors can participate in the IPO with a price band set between ₹71 to ₹75 per share, and the minimum lot size for an application is 1600 shares. Retail investors compulsory to invest the shares minimum of ₹120,000, while the HNI should be applied for at least 2 lots (3,200 shares), totaling ₹240,000.
Pratham EPC Projects Limited IPO Timeline
Event |
Date |
IPO Close Date |
Wednesday, March 13, 2024 |
Credit of Shares to Demat |
Friday, March 15, 2024 |
Listing Date |
Monday, March 18, 2024 |
Basis of Allotment |
Thursday, March 14, 2024 |
Cut-off time for UPI mandate confirmation |
5 PM on March 13, 2024 |
Initiation of Refunds |
Friday, March 15, 2024 |
IPO Open Date |
Monday, March 11, 2024 |
Pratham EPC Projects Limited IPO GMP Price - FAQs
1. What is the significance of GMP in Pratham EPC Projects Limited IPO discussions?
GMP, or Grey Market Premium, indicates investor sentiment towards the IPO and potential listing price.
2. What does a GMP of ₹96 suggest for Pratham EPC Projects Limited IPO?
A GMP of ₹96 implies positive investor interest, indicating potential gains upon listing.
3. How is the estimated listing price calculated using GMP for Pratham EPC Projects Limited IPO?
The estimated listing price is determined by adding the cap price and today's GMP, providing insight into potential returns.
4. How often is the GMP updated for Pratham EPC Projects Limited IPO?
The GMP is updated daily, reflecting the latest market sentiments and trends over the past 10 sessions.
5. What does an upward movement in GMP signify for Pratham EPC Projects Limited IPO?
An upward movement in GMP indicates increasing investor confidence and hints at a potentially strong listing performance.