Nine Mainboard IPOs Are Live Today: Check Latest Subscription Status & GMP | Ipo News


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Nine IPOs, including Jain Resources Recycling, Epack Prefab Tech, and BMW Ventures, are open for bidding today. Atlanta Electricals leads with 7.39x subscription and strong GMP.

The primary market is buzzing today, September 24, with as many as nine mainboard IPOs open for bidding.

The primary market is buzzing today, September 24, with as many as nine mainboard IPOs open for bidding.

IPOs Today: The primary market is seeing a busy street today, since as many as nine IPOs are witnessing bidding today, September 24. Three of them — Jain Resources Recycling, Epack Prefab Technologies, and BMW Ventures — opened today, September 24. Four IPOs — Solarworld Energy, Jaro Institute of Technology Management & Research, Seshaasai Technologies, and Anand Rathi Share — are witnessing second day of bidding. Two IPOs — Atlanta Electricals and Ganesh Consumer Products — are going to close today.

Subscription Status & GMP Of Nine Mainboard IPOs (As of 5:45 pm today):

IPO Name Subscription Status GMP
Jain Resources Recycling (Day 1) 0.77x 9.48%
Epack Prefab Technologies (Day 1) 0.31x 9.8%
BMW Ventures (Day 1) 0.11x 2.02%
Solarworld Energy (Day 2) 4.21x 15.95%
Jaro Institute (Day 2) 2.05x 12.92%
Seshaasai Technologies (Day 2) 3.17x 13%
Anand Rathi Share (Day 2) 1.2x 8.45%
Atlanta Electricals (Day 3) 72.16x 15.38%
Ganesh Consumer Products (IPO 3) 2.68x 1.24%

Day 1 IPOs

Three IPOs opened for subscription today, September 24. Jain Resources Recycling has received a modest response so far with 0.05x subscription and a grey market premium (GMP) of 12.07%. Epack Prefab Technologies has seen slightly higher demand at 0.07x, while its GMP stands at 9.8%. BMW Ventures has recorded 0.06x subscription with a GMP of 2.02%.

Day 2 IPOs

Four IPOs entered their second day of bidding. Solarworld Energy is leading with a healthy subscription of 2.4x and a GMP of 17.66%. Jaro Institute of Technology Management & Research has attracted 1.33x bids, with a GMP of 13.48%. Seshaasai Technologies continues to see strong interest at 1.73x, with a GMP of 17.73%. Anand Rathi Share has recorded 0.76x subscription and a GMP of 10.39%.

IPOs Closing Soon

Two IPOs closed today. Atlanta Electricals is seeing robust demand with 7.39x subscription and a GMP of 16.45%. In contrast, Ganesh Consumer Products has so far managed 0.71x subscription, with its GMP at 1.55%.

Among the issues closing today, Atlanta Electricals is commanding a premium of 16.45% in the grey market, while Ganesh Consumer Products is trading at a modest 1.55%.

Mohammad Haris

Mohammad Haris

Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h…Read More

Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h… Read More

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