EPACK Durable IPO GMP Today
The latest Grey Market Premium (GMP) for EPACK Durable IPO stands at ₹30 as of January 23th, 2024, 10:49 AM. Considering the IPO’s price band of ₹218-230, the projected listing price for EPACK Durable IPO is estimated to be ₹260 (maximum price + current GMP). This suggests a potential gain of 13% per share.
For retail investors interested in Lawsikho SME IPO, the applicable subject to Sauda is ₹700.
Our GMP updates are conducted daily, and based on the recent 13 sessions of grey market activities, the current trend for IPO GMP is on the rise, indicating a potential strong listing. The GMP range varies from a minimum of ₹0 to a maximum of ₹34. We invite you to stay tuned for regular updates on EPACK Durable IPO GMP and the anticipated listing price.
EPACK Durable IPO grey market premium latest updates
Note :The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
| Date | IPO Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 23-01-2024 | ₹230.00 | ₹30  |
₹260 (8.52%) |
| 20-01-2024 | ₹230.00 | ₹28  |
₹258 (8.52%) |
| 19-01-2024 | ₹230.00 | ₹34 |
₹264 (6.52%) |
| 18-01-2024 | ₹230.00 | ₹31 |
₹261 (8%) |
| 17-01-2024 | ₹230.00 | ₹15 |
₹245 (6.52%) |
| 16-01-2024 | ₹230.00 | ₹0 | ₹230 (0 %) |
| 15-01-2024 | ₹230.00 | ₹0 | ₹230 (0 %) |
| 14-01-2024 | ₹230.00 | ₹0 | ₹230 (0 %) |
| 13-01-2024 | ₹230.00 | ₹0 | ₹230 (0%) |
Latest IPO GMP
IPO Premiums = ipopremiums.com : Explore the real-time status of the latest IPO GMP (Grey Market Premium) for upcoming and recently concluded IPOs (where the offering has ended but the stock is not yet listed) on our IPO GMP Live Dashboard. We consistently provide updates on the performance of IPO GMP at ipopremiums.com . Keep tabs on and compare IPO GMP with its listing price.
Grey Market Premium: A Quick Overview
The Grey Market Premium (GMP), often called the unofficial premium, signifies the price at which shares of a company undergoing an Initial Public Offering (IPO) are informally traded before their formal listing on a stock exchange. To put it simply, it’s like engaging in the buying and selling of shares “under the table” before the official marketplace opens.
Here’s a breakdown of the key aspects:
Where it Occurs?
The grey market operates beyond regulated stock exchanges, typically involving a network of brokers and individual investors.
Why it Exists?
Investors with a strong desire for IPO shares are willing to pay an additional amount to secure early access before the official listing. This premium reflects their optimism regarding the company’s future performance.
How it’s Decided?
The GMP is determined by the supply and demand for shares in the grey market. It constantly changes based on market sentiment, company-related news, and overall investor confidence.
What it Indicates?
A high GMP signals robust demand for the IPO, acting as a positive sign for the listing price. Conversely, a low or negative GMP suggests lower interest and possibly a reduced listing price.
Important Considerations:
- The grey market lacks regulation, making it riskier compared to official stock exchanges.
- GMP is not an official price and may be unreliable, serving primarily as an indicator of market sentiment.
- Relying solely on GMP for investment decisions is not advisable. Always conduct thorough research and consider various factors before investing in any IPO.
FAQs
What is the gray market premium for EPACK Durable IPO IPO?
The Grey Market Premium (GMP) for EPACK Durable IPO is 30 This refers to the rate of premium at which the SME IPO of EPACK Durable IPO is being traded in the grey market, which includes over-the-counter (OTC) transactions or off-exchange trading between two individuals. The latest GMP price was last updated on January 23th, 2024, at 11:47 AM.
How is the gray market premium of EPACK Durable IPO calculated?
The Grey Market Premium (GMP) is figured out by looking at how shares are informally traded in the grey market before officially being listed on a stock exchange. GMP shows the difference between the price at which shares are traded in the grey market and the official IPO price. Here’s a simple way to understand the calculation:
GMP=Grey Market Price−IPO Price
- Grey Market Price: This is the price at which shares are bought and sold in the grey market. It’s an informal, unregulated market where trading happens before the official listing.
- IPO Price: This is the official price set by the company for the Initial Public Offering.
So, when you subtract the IPO price from the Grey Market Price, you get the Grey Market Premium. If the result is positive, it means shares are trading at a higher price than the official IPO price (a premium). If the result is negative, it indicates a discount, suggesting shares are trading at a lower price than the IPO price.
It’s crucial to remember that the Grey Market is informal and not regulated. The Grey Market Premium isn’t an official measure. It gives an idea of market sentiment but might not always accurately predict the future performance of the stock. Investors should be cautious and do thorough research before making investment decisions.