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These shares are giving returns of up to 176% in gray market, hope for good listing, know the details of IPO

These shares are giving returns of up to 176% in gray market, hope for good listing, know the details of IPO
These shares are giving returns of up to 176% in gray market, hope for good listing, know the details of IPO

Grey Market At present many shares are trending at bumper premium in (Grey Market). These are the shares of those companies whose IPO will come in a few days, or whose shares will be listed in a few days. Shares of former Flexipack are trending at the highest premium. The IPO of this company (Purv Flexipack IPO) has not been launched yet. The IPO of East Flexipak will open for subscription on February 27 and close on February 29. Even before the launch of the IPO, the company’s shares are trading at a premium of 176 percent in the gray market.

GMP of 176%

Shares of former Flexipack were seen trading at a premium of Rs 125 compared to the fixed issue price of Rs 71 in the gray market. In this way, this share can be listed on the stock exchanges at Rs 196 with a premium of 176 percent. Shares in the IPO are expected to be listed on March 5.

Exicom Tele-Systems

The IPO of Exicom Tele-Systems Limited will also open on 27 February and close on 29 February. The shares are expected to be listed on stock exchanges on March 5. Earlier, the company’s shares were seen trading at a premium of Rs 130 in the gray market compared to the fixed issue price of Rs 142. In this way, the share can be listed on the stock exchanges at Rs 272 with a premium of 91.55 percent.

Platinum Industries

Platinum Industries IPO has also not been launched yet. This IPO will open on 27 February and close on 29 February. The share listing is expected to take place on March 5. The company’s shares are seen trading at a premium of Rs 90 in the gray market compared to the fixed issue price of Rs 171. In this way, this share can be listed on the stock exchanges at Rs 261 with a premium of 52.63 percent.

deem roll tech ipo

Deem Roll Tech NSE SME IPO opened on 22 February and closed on 23 February. The share listing is to take place on 27th February. This IPO has been subscribed 256.55 times. In the gray market, the company’s shares are seen trading at a premium of Rs 88 compared to the issue price of Rs 129. In this way, this share can be listed on the stock exchanges at Rs 217 at a premium of 68.22 percent.

Zenith Drugs IPO

Zenith Drugs IPO was launched on 22 February and closed on 23 February. It has been subscribed 179.18 times. The share listing will take place on February 27. In the gray market, the company’s shares are seen trading at a premium of Rs 40 compared to the issue price of Rs 79. In this way, this share can be listed at Rs 119 with a premium of 50.63 percent.

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The article is in Hindi

Tags: shares giving returns gray market hope good listing details IPO

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