BANSAL IPO GMP
![These 2 soon-to-list SME IPOs are boasting a GMP of over 100% despite NSE price cap](https://img.etimg.com/thumb/msid-111631729,width-100,height-75,resizemode-4/markets/ipos/fpos/these-2-soon-to-list-sme-ipos-are-boasting-a-gmp-of-over-100-despite-nse-price-cap.jpg)
These 2 soon-to-list SME IPOs are boasting a GMP of over 100% despite NSE price cap
Ganesh Green Bharat is enjoying a GMP approximately 120% higher than its issue price, while Effwa Infra is seeing a premium of nearly 146% above its IPO price in the unlisted market.
![Bansal Wire IPO shares to debut on Wednesday. What GMP signals ahead of listing](https://img.etimg.com/thumb/msid-111602940,width-100,height-75,resizemode-4/markets/ipos/fpos/bansal-wire-ipo-shares-to-debut-on-wednesday-what-gmp-signals-ahead-of-listing.jpg)
Bansal Wire IPO shares to debut on Wednesday. What GMP signals ahead of listing
Bansal Wire shares will debut on the bourses on Wednesday. Ahead of the listing, the company's shares were trading with a grey market premium of Rs 63. The company proposes to use the funds from the IPO to repay some of its debt, working capital requirements, and other general corporate purposes.
![Bansal Wire IPO share allotment expected soon. Check status, GMP, listing date and other details](https://img.etimg.com/thumb/msid-111549964,width-100,height-75,resizemode-4/markets/ipos/fpos/bansal-wire-ipo-share-allotment-expected-soon-check-status-gmp-listing-date-and-other-details.jpg)
Bansal Wire IPO share allotment expected soon. Check status, GMP, listing date and other details
Bansal Wire's IPO saw strong interest with 58 times subscription. Share allotment to be finalized on Monday. Company is the largest stainless steel wire manufacturer in India, catering to various sectors. Unlisted shares trading at a premium of Rs 76.
![Bansal Wire IPO booked 59.5 times on last day. Check GMP and other details](https://img.etimg.com/thumb/msid-111510162,width-100,height-75,resizemode-4/markets/stocks/news/bansal-wire-ipo-booked-nearly-19x-so-far-on-last-day-check-gmp-and-other-details.jpg)
Bansal Wire IPO booked 59.5 times on last day. Check GMP and other details
The overall subscription stood at 18.78x so far. The categories reserved for NII and QIB investors were subscribed 34 times and 21 times, respectively. Meanwhile, the retail portion of the issue was subscribed the least at 10.54 times.
![Emcure Pharmaceuticals IPO booked nearly 5x so far on Day 2. Check GMP and other details](https://img.etimg.com/thumb/msid-111483559,width-100,height-75,resizemode-4/markets/ipos/fpos/emcure-pharmaceuticals-ipo-booked-nearly-3x-so-far-on-day-2-check-gmp-and-other-details.jpg)
Emcure Pharmaceuticals IPO booked nearly 5x so far on Day 2. Check GMP and other details
Emcure Pharmaceuticals' IPO has been oversubscribed nearly three times as of Thursday, the second day of bidding. The bidding concludes on July 5. The categories reserved for NII and retail investors were subscribed the most at 13 times and 3.43 times, respectively.
![Nephro Care shares list at 90% premium on NSE SME platform](https://img.etimg.com/thumb/msid-111503443,width-100,height-75,resizemode-4/markets/stocks/news/nephro-care-shares-list-at-90-premium-on-nse-sme-platform.jpg)
Nephro Care shares list at 90% premium on NSE SME platform
Nephro Care made a strong market debut on NSE SME platform with a 90% premium. The IPO garnered massive investor interest, oversubscribed by over 700 times. The company aims to establish a 100-bed multispeciality hospital in Kolkata using proceeds from the IPO. Nephro Care, led by Dr. Pratim Sengupta, focuses on comprehensive medical services for renal patients.
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Effwa Infra and Research IPO opens today: Check issue size, price band, GMP and other details
Effwa Infra and Research IPO is now open for subscription, aiming to raise Rs 51.27 crore. The company offers engineering and project management services in water pollution control. Investors can bid for shares at Rs 78-82 apiece.
Ganesh Green Bharat IPO opens today: Check issue size, price band, GMP and other details
Ganesh Green Bharat IPO will open for subscription, aiming to raise Rs 125 crore for solar and electrical projects. The company's diversified business model and strong financial performance make it a potential investment opportunity.
Bansal Wire IPO booked 5.72 times on Day 2. Check GMP and other details
Bansal Wire's IPO has been nearly 4 times oversubscribed on its second day, fueled by robust demand from non-institutional and retail investors. The IPO, conducted through the book-building method, reserves 50% for qualified institutional buyers, 35% for retail investors, and 15% for non-institutional investors.
Bansal Wire IPO sails through on Day 1 on robust NII, retail demand. Check GMP and other details
Bansal Wire's IPO saw strong demand from retail and non-institutional investors on the first day, while the QIB portion remained unsubscribed. Proceeds will be used for debt repayment, working capital, and general corporate purposes.
Bansal Wire IPO to open for subscription on Wednesday. Here's what GMP indicates
The company aims to raise approximately Rs 745 crore at the upper end of its price band. Investors can bid for a minimum of 58 shares per lot, with the option to bid in multiples of this lot size. Prior to the IPO subscription, the company's shares were trading at a premium of Rs 65 in the unlisted market.
Bansal Wire IPO opens Wednesday: Here are 10 things to know about the public offer
The IPO of Bansal Wire is scheduled to open for subscription on July 3 and will close on July 5. The company aims to raise approximately Rs 745 crore through this public offering. This IPO consists entirely of a fresh equity sale of 2.91 crore shares, with no OFS component involved. According to market analysts, Bansal Wire currently commands a GMP of Rs 65 in the unlisted market.
Bansal Wire announces price band for its Rs 745 crore IPO. Check details
Bansal Wire's IPO, priced at Rs 243-256 per share, opens on July 3. In Sep 2023, the company reported revenue of Rs 1154 crore and a profit of Rs 38.9 crore. With strong lead managers onboard, the IPO presents an attractive investment prospect for interested investors.
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