IPO GMP Of Unimech Aerospace And Senores Pharmaceuticals Soars Ahead Of Listing Next Week

The ongoing offers are expected to list at a premium of as much as 84% over the IPO price. Check their latest grey market premiums ahead of listing next week.

The highest grey market premium in the list is for Unimech Aerospace IPO. Photo source: Representative/GeminiAI)

Indian stock markets BSE and NSE) are likely to witness another round of stellar listings when four IPOs will list next week. The four IPOs that will hog the limelight are - Carraro India, Senores Pharmaceuticals and Ventive Hospitality which will list on Monday, along with Unimech Aerospace and Manufacturing which will hit Dalal Street on Tuesday, December 31.

Unimech Aerospace and Manufacturing IPO GMP

The grey market premium of Unimech Aerospace IPO climbed to Rs 666 per share as of 1:56 p.m. on Friday, Dec. 27. This takes the estimated listing price—the sum of GMP and the upper end of the IPO price—to Rs 1451 per share, which suggests a potential listing day gain of 84.84% - according to the InvestorGain platform.

The GMP trends have shown an upward trajectory since the IPO price band was announced. The grey market premium Unimech Aerospace IPO stood at Rs 630 when the issue closed for subscription.

The allotment of shares is expected to be finalised on Friday, with the company listing on the BSE and NSE on Tuesday, Dec. 31.

Investors who bid for this issue can check the step-by-step guide to verify Unimech Aerospace IPO allotment status here.

Senores Pharmaceuticals IPO GMP

The GMP of Senores Pharmaceuticals soared to Rs 276 per share as of 1:53 p.m. on Friday. This indicates an estimated listing price—the sum of GMP and the upper end of the IPO price—to Rs 667 per share, which suggests a potential listing day gain of 70.59% - as per Investorgain.

The GMP trends continued to show an upward movement once the allotment of shares was finalised on Thursday. The grey market premium Senores Pharmaceuticals IPO stood at Rs 240 when the issue closed for subscription. Shares of Senores Pharmaceuticals are expected to list on the BSE and NSE on Monday, Dec. 30.

Ventive Hospitality IPO GMP

The grey market premium of Ventive Hospitality IPO stood at Rs 71 as of 1:27 pm on Dec. 27, indicating a potential gain of 11.04%. This suggests an estimated listing price of Rs 714 for the company.

The GMP trends have been a mixbag so far. The grey market premium was Rs 67 when the issue opened for subscription but soon slid down to as low as Rs 29 by Day 2. But as the IPO garnered significant attention from investors on its final day the GMP climbed again to Rs 54 before closing the day Rs 72 per share.

Allotment of shares was finalised on Thursday and shares of Ventive Hospitality will be listed on the BSE and NSE on Monday, Dec. 30.

Carraro India IPO GMP

The grey market premium of Carraro India's IPO was Rs 0 at 02:02 p.m. on Dec 27. The GMP has remained flat since the IPO opened for subscription on Dec. 20.

The mainboard issue received a lukewarm response from the investors as it sailed through on the last day of bidding on Dec. 24, driven by the Qualified Institutional Buyers (QIBs). The IPO was subscribed 1.12 times.. Allotment of shares was finalised on Thursday and shares of Carraro India will list on the BSE and NSE on Monday, Dec. 30.

Also Read: Neilsoft IPO: Engineering Firm Files Draft Papers For Maiden Book Build Offer

Note: GMP or grey market price is not an official price quote for the stock and is based on speculation.

Disclaimer: Investments in initial public offerings are subject to market risks. Please consult with financial advisors and read the red herring prospectus thoroughly before placing bids.

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