Latest IPO Grey Market Premium (GMP) Update: August 12th & Key IPO Insights
Welcome to our daily IPO Grey Market Premium (GMP) update for August 12th. In this article, we will delve into the latest GMP figures, expected listing gains, and crucial details for several Initial Public Offerings (IPOs) currently in focus. We will cover Highway Infrastructure IPO, Knowledge Reality Trust IPO, Regal Resources IPO, All Time Plastic IPO, JSW Cement IPO, and Blue Stone Jewellery IPO. Stay informed with the most recent market updates to make well-rounded investment decisions.
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Highway Infrastructure IPO: Listing Day Insights
The Highway Infrastructure IPO is set for listing today. As of late last night and this morning, its Grey Market Premium (GMP) is ₹24. This suggests an expected listing price of ₹94, which translates to an anticipated listing gain of approximately 34%. Investors could see a listing gain of around ₹564 per lot.
A listing gain exceeding 30% for this company would be considered positive. However, if the listing falls below 20%, it might be seen as a disappointing outcome, potentially putting pressure on the broader IPO market, especially given the current positive GMP for most IPOs. Conversely, an outstanding listing with gains over 40% could bring positive momentum to IPOs currently experiencing slight GMP pressure. Price discovery for the Highway Infrastructure IPO is expected around 9:45 AM, with buying and selling commencing from 10:00 AM. Further updates will be shared on our Telegram group.
Knowledge Reality Trust IPO: A Niche Investment
The Knowledge Reality Trust IPO is a type of trust-related IPO, often categorized as a REIT (Real Estate Investment Trust). These IPOs typically attract larger institutional players rather than small retail investors, as they are often viewed from a dividend perspective. The listing for this IPO is scheduled for August 18th, and we will provide timely updates.
Currently, the Grey Market Premium for Knowledge Reality Trust IPO is around 1.5%. While this percentage might seem modest, it is considered a strong GMP for this specific type of IPO.
Regal Resources IPO: Opening for Subscription Today
The Regal Resources IPO opens for subscription today, August 12th, marking the first day to apply. The application window will extend until August 14th. Daily subscription figures and detailed discussions will be shared via our Telegram group and in a video update after 5 PM today. Good responses are anticipated for this IPO.
Key details include a face value of ₹5 per share. Investors must select a minimum of 144 equity shares per lot during application. The company’s cut-off price is ₹102, and applicants should strictly apply at this price, avoiding lower price bands like ₹96, ₹97, ₹98, or ₹99. The total issue size is approximately ₹306 crores, comprising a fresh issue of ₹210 crores (funds going to the company) and an Offer For Sale (OFS) of ₹96 crores (where promoters and existing shareholders sell some of their stakes).
The allocation structure includes 50% for Qualified Institutional Buyers (QIBs), 35% for retail investors, and 15% for High Net Worth Individuals (HNIs). Due to the relatively small issue size, the chances of allotment might be low if the IPO is heavily oversubscribed. To potentially increase allotment chances, consider applying from multiple DEMAT accounts within your family. The company will be listed on both BSE and NSE.
Important dates for Regal Resources IPO are: allotment status by August 18th, refunds (if no allotment) by August 19th, shares credited to DEMAT accounts by August 19th, and listing on August 20th. For application, a minimum of ₹14,688 is required for one retail lot. Small HNI applications require approximately ₹5,632, and big HNI applications require around ₹1,13,472. Promoter holding was 99.56% pre-issue and will be 90% post-issue.
The current Grey Market Premium (GMP) for Regal Resources IPO is ₹22, indicating an expected listing price of ₹124. This translates to an estimated listing gain of around 21%, potentially yielding a gain of approximately ₹3,169 per lot. Updates on today’s subscription response will be provided through video.
All Time Plastic IPO: Allotment Status and Performance Review
The application period for the All Time Plastic IPO concluded on August 11th. If you applied at the cut-off price of ₹275 for 54 equity shares, your allotment status will be updated today, August 12th. Links to check the allotment status on the registrar’s website will be shared on our Telegram group as soon as they are available.
The minimum application amount for this IPO was ₹14,850. The IPO received an “okay” response, with subscription figures reaching 8.62 times, which isn’t considered outstanding from a listing gain perspective. The Grey Market Premium (GMP) for All Time Plastic IPO is ₹8.5, indicating an expected listing price of ₹283. This suggests a potential listing gain of approximately 3%, amounting to around ₹459 per lot. The speaker personally applied to this IPO.
JSW Cement IPO: Strong Demand & GMP Recovery
For JSW Cement IPO, if you applied at the cut-off price of ₹147 for 102 equity shares, you might expect allotment. The IPO saw significant demand in its final hours, with QIBs subscribing approximately 17 times, leading to an overall subscription figure exceeding 8 times, with roughly 12.75 lakh applications received.
This strong subscription had a positive impact on its Grey Market Premium, which recovered from an initial ₹2 to now show a 5% premium. This recovery suggests a potential listing gain of approximately ₹510 per lot. The speaker personally invested more in JSW Cement IPO compared to All Time Plastic IPO.
Blue Stone Jewellery IPO: Awaiting Further Subscription Data
For the Blue Stone Jewellery IPO, the strategy for applying on August 13th will depend on the subscription response observed today, August 12th. The Day 1 response has been moderate (“okay-okay”). Updates on today’s performance will be provided via video.
The latest Grey Market Premium (GMP) for Blue Stone Jewellery IPO remains at ₹9. This indicates an expected listing gain of approximately 1-1.5%, which could translate to an estimated listing gain of around ₹261 per lot. Timely updates for this IPO will also be shared.
For any further questions or queries, please feel free to comment below. We will provide all updates to keep you informed. Join us for more informative videos!
