Welcome, everyone! This article provides a crucial overview of the listing day for three significant IPOs: Shree Lotus Developers IPO, NST IPO, and MAB Engineering IPO. As these IPOs are set to list today, we will delve into the pre-listing news – both challenging and positive – that could impact their Gray Market Premium (GMP) and overall performance. We’ll also examine the pressures observed in GMPs late last night. For daily IPO Gray Market Premium updates, remember to subscribe and join our Telegram group via the link in the comments for timely information.
Key Market Drivers: Bad News and Positive Outlook
A significant piece of news that could impact the listing performance stems from a statement by Trump. Discussions about potential tariff increases are circulating, with the possibility of tariffs on India rising above 25% in the future. This development could lead to some market decline.
However, there is also a positive market driver today: the outcome of the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) meeting is expected. Market expectations are geared towards another repo rate cut, which could generate positive momentum in the Indian market. If any news regarding tariff relief emerges, the Indian market could exhibit strong upward movement, directly influencing the listing performance of these three IPOs. Similarly, if the MPC meeting’s outcome meets expectations for a rate cut, positive gains could be seen across all three IPO listings.
Understanding the IPO Listings Today
For the NST IPO, Shree Lotus Developers IPO, and MAB Engineering IPO, the price discovery process is scheduled between 9:30 AM and 9:45 AM today. Following this, general buying and selling of shares for these companies are expected to commence from 10:00 AM.
Individual IPO Listing Outlook
NST IPO Listing Outlook
The NST IPO initially showed potential for good to excellent listing gains, although there has been a slight moderation in these expectations. If this company lists with a gain of more than 10%, it would be considered a positive listing gain.
Shree Lotus Developers IPO Listing Outlook
For Shree Lotus Developers IPO, the chances of achieving the initially anticipated listing gains have slightly diminished.
MAB Engineering IPO Listing Outlook
MAB Engineering IPO’s Gray Market Premium has remained stable. Based on its current GMP trends, if you have received an allotment, you could expect good listing gains in the near future, aligning with expectations.
Comparative Listing Potential
When considering the listing potential among these three IPOs, Shree Lotus Developers IPO currently shows the highest chance for listing gains. NST IPO ranks second in listing potential, followed by MAB Engineering IPO in third place, based on current Gray Market Premium activity. If the listing of Aditya Infotech IPO yesterday, for example, occurred 5% above its Gray Market Premium, it could create positive momentum for the GMPs of several upcoming IPOs.
Gray Market Premium (GMP) Updates and Expected Listing Prices
Let’s look at the latest Gray Market Premium figures and their implications for expected listing prices:
MAB Engineering IPO
The Gray Market Premium for MAB Engineering IPO has shown improvement, currently trading at approximately ₹51. When added to its base price of ₹385, the expected listing price comes out to ₹436. This suggests a potential listing gain of around 13% per lot, providing an estimated gain of approximately ₹138.
Shree Lotus Developers IPO
Shree Lotus Developers IPO’s Gray Market Premium has experienced a notable correction. Previously trading at ₹39, it has now fallen to approximately ₹27. Adding ₹27 to its base price of ₹150 results in an expected listing price of ₹177. This indicates a potential listing gain of around 18% per lot, which could translate to approximately ₹2700.
NST IPO
The NST IPO’s Gray Market Premium saw a peak of ₹130 late last night but is currently trading at ₹125. Adding ₹125 to its base price of ₹800 gives an expected listing price of ₹925. This suggests a potential listing gain of around 15% per lot, with an estimated gain of approximately ₹2250.
Conclusion
If these IPOs manage to list more than 5% above their current Gray Market Premium, it will be considered a positive listing gain. However, if they list below 5% of their current GMP, the listing gain would not be considered excellent. We will provide updates on the final listing prices in our Telegram group, which can be joined via the link in the comments. We encourage you to share your plans and expectations regarding these three IPOs in the comments section and ask any further questions you may have.
