ACME Photo voltaic Holdings IPO: The ACME Photo voltaic IPO opens for subscription on Wednesday, 6 November. The declining Gray Market premium signifies in direction of weakening investor curiosity in direction of the Public subject.
ACME Photo voltaic Holdings IPO: GMP or Gray Market premium for ACME Photo voltaic IPO sthat stood at ₹30 on Frriday nonetheless has declined to Nil on Monday. This means that shares of ACME Photo voltaic Holdings that had been earlier accessible within the gray market at ₹30 premium over the higher band of the difficulty value, nonetheless now can be found with none premium and on the subject value itself.
With the higher value band at ₹289, the present Gray Market premium additionally signifies that the general public subject that was earlier estimated to be listed at ₹319, a ten.38 per cent greater than the difficulty value, based on Investorgain.com, nonetheless now could be being anticipated to see a flat Itemizing
Gray market premium is the willingness of an investor to pay extra for a public subject.
Subscriptions for ACME Photo voltaic Holdings’ preliminary public providing (IPO) will see opening on November 6, 2024, and finish on November 8, 2024. On Monday, November 11, 2024, the allocation for the ACME Photo voltaic Holdings IPO is anticipated to be finalized. The proposed itemizing date for ACME Photo voltaic Holdings’ preliminary public providing (IPO) is about for Wednesday, November 13, 2024, on the BSE and NSE.
ACME Photo voltaic Holdings IPO dimension: The IPO for ACME Photo voltaic Holdings is a book-built providing price ₹2,900.00 crores. The providing consists of a suggestion to promote 1.75 crore shares price ₹505.00 crores and a brand new subject of 8.29 crore shares for ₹2,395.00 crores.
ACME Photo voltaic Holdings IPO registrar and lead managers-
The guide operating lead managers of the ACME Photo voltaic Holdings IPO are Nuvama Wealth Administration Restricted, ICICI Securities Restricted, Jm Monetary Restricted, Kotak Mahindra Capital Firm Restricted, and Motilal Oswal Funding Advisors Restricted. The difficulty’s registrar is Kfin Applied sciences Restricted.
