Godavari GMP Today 25 October.

Godavari gmp today (25 October) is ₹5 which is near about 1%. Estimated Listing price ₹339 to ₹360.

Godavari Biorefineries IPO Details
Bidding Dates:

23 Oct 2024 – 25 Oct 2024

Min. Investment:

₹14,784

Price Range:

₹334 – ₹352

Lot Size:

42

Issue Size (₹Cr):

₹554

Face Value:

₹10 per equity share

Latest GMP:

₹5 (1%)

Total Subscription:

1.83 Times

Check all ongoing and upcoming IPO GMP on gmpipo.com

Godavari GMP Today

GMP of Godavari Biorefineries IPO is ₹5 (1%) now. It means no demand in 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 Godavari Biorefineries Ltd IPO.

This information is provided for informational purposes only and should not be fixed for making accurate listing gains.

Godavari Biorefineries 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 Godavari GMP Today

  • 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 Godavari GMP Today

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.

Godavari Biorefineries 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 Godavari GMP Today has met your expectations.

Exploring Godavari Refineries IPO expected listing price on 30 October
Godavari GMP Today | Exploring Godavari Refineries IPO expected listing price on 30 October

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.

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