These two IPOs will be listing today, one has got bumper support of investors, GMP is also fantastic

0


Photo: Freepik IPO shares will be listed on both Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

GNG Electronics and Indicube Spaces IPO is to be listed today i.e. 30 July. Today can be earned for investors who have been allotted shares in these IPOs. GNG Electronics received a bang from investors during its early public issue (IPO). The company’s shares will be listed on both major exchanges-BSE and NSE. Apart from this, Indicube Space IPO is also fully prepared to make its debut in the stock market today. Indicube space IPO shares will be listed on both Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

GNG Electronics IPO

The bid for the public issue of the laptop refurbishing company began on 23 July and ended on 25 July, and the GNG Electronics IPO allotment date was 28 July. The date of GNG Electronics IPO listing is 30 July 2025 today. GNG Electronics shares will be part of the special pre-open session (SPOS) on Wednesday, and the stock will be available for trading from 10:00 am. According to NSE subscription status data, GNG Electronics IPO has been subscribed to 147.93 times.

GMP of GNG Electronics IPO also strong

GNG Electronics’ shares are performing vigorously in the unlisted (gray) market. According to market experts, today GNG Electronics IPO has a gray market premium (GMP) of around ₹ 95 per share. That is, in the gray market, we are trading at ₹ 95 more than the share issue price of GNG Electronics. This premium shows that the share price is likely to open at a very high level on the listing day.

GMP of Indicube Spaces IPO today

According to Investorgen, the GMP of the Indicube Species IPO has come down to +1. That is, the shares of Indicube Spaces IPO are trading in a premium of ₹ 1 in the gray market. The estimated listing price of Indicube Spaces IPO is likely to be ₹ 238, which is 0.42 percent more than an IPO price of ₹ 237. The IPO of Indicube Spices saw tremendous interest of investors from all regions. This IPO got 12.41 times more subscription, which gave a good demand from both institutional and retail investors.

Indicube spaces successfully raised ₹ 700 crore through their IPO. Its price was at an upper level of ₹ 225- ₹ 237 per share. This issue included a new allotment of 2.74 crore equity shares worth ₹ 650 crore and an offer-for-sale (OFS) of 21.09 lakh shares worth ₹ 50 crore. The marked value of each share was ₹ 1.

Latest business news



Leave A Reply

Your email address will not be published.