Read on the application
If you want to bet on the stock market through an IPO, today is a good opportunity. The IPO of Vishnu Prakash R Punglia Limited (Vishnu Prakash R Punglia Limited IPO) is opening on August 24 i.e. today. Investors will have till 28 August 2023 to subscribe to this IPO. Let us tell you that the price band of Vishnu Prakash R Punglia Limited IPO has been kept at 94 to 99 rupees per share.
The company is paying a dividend of Rs 42 per share on record date today
What is GMP? (Vishnu Prakash R Punglia Limited IPO GMP Today)
The company is doing well in the gray market. As per data available yesterday evening i.e. 23 August 2023, Vishnu Prakash R Punglia Limited was trading at a premium of Rs.54 in the gray market. If this situation remains till the listing, the company will sell in the stock market at Rs. Can debut around 153. Investors expect gains of up to 54 percent on listing day.
180 times subscription, loot to buy IPO, price Rs. 83
What Lot Size (Vishnu Prakash R Punglia Limited IPO Lot Size)
The lot size of Vishnu Prakash R Punglia Limited IPO is 150 shares. That means a retail investor has to invest at least Rs 14,850. The company through Anchor Investors raised Rs. 91 crore has been collected. Let us tell you that the allotment of shares of the company will take place on 31 August 2023 and the listing will take place on 5 September 2023.