Check out the Latest Jyoti CNC IPO GMP price aka Grey Market Premium, Kostak rates, and Subject to Sauda rates as of today. The Jyoti CNC IPO latest GMP Price aka Grey Market Premium is ₹45 as of Today.
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Jyoti CNC IPO is open for subscription on January 9, 2024 and will close on January 11, 2023. The company is to raise ₹1000 crores via IPO. Jyoti CNC Automation Limited is a public limited company incorporated on 17 January 1991. The company is headquartered in Rajkot, Gujarat, and is one of the world’s leading manufacturers of CNC machines. The IPO price band is fixed at ₹315 to ₹331 Per Equity Share. The Jyoti CNC IPO is to be listed on BSE and NSE.
What is Jyoti CNC IPO GMP Price Today?
The Jyoti CNC IPO GMP Price aka Grey Market Premium is ₹45 as of Today.
What is Jyoti CNC IPO Kostak Rates Today?
The Jyoti CNC IPO Kostak Rate is ₹-.
What is Jyoti CNC IPO Subject to Sauda Price Today?
The Jyoti CNC IPO subject to sauda rates is ₹1500
What is Jyoti CNC IPO Expected Returns?
The Jyoti CNC IPO expected return is ₹376 (13.6%)
Jyoti CNC IPO GMP Live Rates Day by day with Subject to rates.
| Date | IPO Price | GMP | Subject to | Expected Listing Price | Last Updated |
|---|---|---|---|---|---|
| 11 January 2024 | ₹ 331 | ₹ 45 | ₹ 1500 | ₹ 376(13.6%) | 11-01-2024 14:05 |
| 10 January 2024 | ₹ 331 | ₹ 44 | ₹ 1500 | ₹ 375(13.29%) | 10-01-2024 22:49 |
| 9 January 2024 | ₹ 331 | ₹ 85 | ₹ 2900 | ₹ 416(25.68%) | 09-01-2024 14:21 |
| 8 January 2024 | ₹ 331 | ₹ 100 | ₹ 3400 | ₹ 431(30.21%) | 08-01-2024 21:58 |
| 7 January 2024 | ₹ 331 | ₹ 76 | ₹ 2600 | ₹ 407(22.96%) | 07-01-2024 16:42 |
| 6 January 2024 | ₹ 331 | ₹ 76 | ₹ 2600 | ₹407 (22.96%) | 06-01-2024 23:19 |
| 5 January 2024 | ₹ 331 | ₹ 67 | ₹ 2300 | ₹ 398 (20.24%) | 05-01-2024 22:50 |
| 4 January 2024 | ₹ 331 | ₹ 85 | ₹ 2900 | ₹ 416 (25.68%) | 04-01-2024 23:29 |
| 3 January 2024 | ₹ | ₹ 60 | ₹- | ₹- | 03-01-2024 23:12 |
| 2 January 2024 | ₹- | ₹- | ₹- | ₹- | |
| 1 Januay 2024 | ₹- | ₹- | ₹- | ₹- |
What is Grey Market Premium (GMP)?
The grey market premium (GMP) in the context of an Initial Public Offering (IPO) refers to the difference between the unofficial market price of the shares and the IPO price. The grey market is an informal over-the-counter market where trading of shares takes place before they are officially listed on a stock exchange. This trading occurs among investors and brokers, and it is not regulated by stock exchanges or securities regulators. A positive GMP indicates demand at a higher price than the IPO. It serves as an informal indicator of market sentiment and demand but lacks regulatory oversight. Investors should approach GMP with caution, considering it may not accurately reflect actual market conditions post-listing.
What is Kostak Rate?
The Kostak rate is the amount that one buyer pays to the seller of an IPO application before the IPO listing. As the grey market reacts, the Kostak rates also react the same way. One can buy and sell their full IPO application on Kostak rates outside the market and fix their profit. The buyer must pay the Kostak rates for application, whether the investor gets the IPO allotment or not.
What is Subject to Sauda in IPO Grey Market?
“Subject to Sauda” on an IPO application is the agreed-upon amount when investors receive allotment for their IPO shares. Buying or selling the IPO application subject to sauda implies that the specified amount can be obtained upon allotment; otherwise, the sauda arrangement will be canceled. Profit cannot be fixed, as it depends on the share allotment in IPO application.
Dislcaimer:
- IPO Grey Market Premium mention is valid for the specific date as mentioned in the header.
- We are not buying and selling IPO forms on IPO Grey Market.
- Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
- Do not subscribe for IPO by just seeing the premium Price as it may change any time before listing. Subscribe only considering the fundamentals of the companies.