Afcons Infrastructure IPO GMP (28 October) is ₹40-₹45 which is near about 10%. Estimated Listing price ₹505 to ₹508. Is it likely to surge? Afcons Infrastructure subscription is 0.36 times (25%) on the 4th day (28 October with GMP 10%-11%. You will also like Waaree Energies IPO expected listing price.
25 Oct 2024 – 29 Oct 2024
₹14,816
₹440 – ₹463
32
₹5000
₹10 per equity share
₹40-₹45 (10%)
0.32 Times
Check all ongoing and upcoming IPO GMP on gmpipo.com
Afcons Infrastructure IPO GMP
The latest GMP of Afcons IPO is ₹45-₹48 (10%) now. It means little demand in the Grey Market for this IPO. Grey Market Premium (GMP) displays above based on unverified market speculation and rumors. It is not an official estimate and may vary from website to website that reflects the listing price of Afcons IPO
This information is provided for informational purposes only and should not be fixed for making accurate listing gains.
Afcons Infrastructure IPO GMP today formula: Grey Market Price – Cut-off price/IPO issue price.
Example: IPO issue price is ₹100 and Grey Market Price is ₹120. GMP will be ₹20 (Gain 20%)
Key points about Afcons Infrastructure IPO GMP
- GMP reflects the market sentiments and demand for a certain IPO among different investors.
- It is not an official price, but rather a benchmark for investors.
- It can change at any time due to market conditions.
- GMP is usually expressed as a percentage of the IPO cut-off price.
Role of Afcons Infrastructure IPO GMP
A positive GMP indicates high demand, expectation of listing gain, and potential short-term profit. A negative GMP indicates just the opposite of a positive GMP.
Importance of GMP:
More than 20% GMP is considered worth investing in because it indicates listing gains and IPO demand among High-Net-Worth investors. It serves as a roadmap that helps us make our investment decisions.
Afcons Infrastructure IPO GMP today depends on
- The demand for an IPO among QIBs (Qualified Institutional Buyers) and NII category investors (hNI and sNI)
- Company Financials, Profit, Performance, Growth, Sector, Etc.
We hope the updated information regarding Afcons Infrastructure IPO GMP has met your expectations.
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Disclaimer: All the information provided above is only for educational and informational purposes. No part of this should be considered any investment recommendation. Stock market investment is subject to market risk and loss of money. So, invest after your research and analysis and at your own risk.
Hi, I’m Avishek, a passionate stock market enthusiast turned full-time investor. With my 3+ years of experience in the Indian and Global markets, I’ve developed a keen eye for potential winners. My portfolio includes successful allotments in IPOs from NYKAA, Bajaj Housing Finance, Waaree Energies Ltd, and more. I have never lost money in the stock market. Through this blog, I will provide all the information here.