Suraksha Diagnostic IPO Itemizing: The fairness shares of Suraksha Diagnostic Ltd are set to make their inventory market debut at present. The preliminary public providing (IPO) of Suraksha Diagnostic Ltd acquired first rate response throughout its subscription interval. Suraksha Diagnostic IPO itemizing date is at present, December 6.
“Buying and selling Members of the Trade are hereby knowledgeable that efficient from Friday, December 6, 2024, the fairness shares of SURAKSHA DIAGNOSTIC LIMITED shall be listed and admitted to dealings on the Trade within the record of ‘B’ Group of Securities,” a discover on BSE mentioned.
Suraksha Diagnostic shares can be part of Particular Pre-open Session (SPOS) on Friday, December 6, and the inventory can be obtainable for buying and selling at 10:00 AM.
Forward of Suraksha Diagnostic IPO itemizing at present, allow us to check out the present developments in gray market premium (GMP) to gauge the estimated itemizing worth.
Suraksha Diagnostic IPO GMP At present
Suraksha Diagnostic shares are displaying a muted development within the gray market. In response to inventory market observers, Suraksha Diagnostic IPO GMP at present forward of itemizing is ₹13 per share. This means that Suraksha Diagnostic shares are buying and selling increased by ₹13 than their subject worth within the gray market.
Suraksha Diagnostic IPO Itemizing Value
Contemplating the Suraksha Diagnostic IPO GMP at present, the estimated itemizing worth of Suraksha Diagnostic shares can be ₹454 apiece, which is at a premium of almost 3% to the IPO worth of ₹441 per share.
Suraksha Diagnostic IPO GMP and inventory market consultants additionally point out a muted itemizing for Suraksha Diagnostic shares.
“Suraksha Diagnostic Ltd. acquired a subscription price of 1.27 instances, indicating reasonable investor curiosity. The corporate is about to debut on the inventory change on December 06, 2024, and at present has a GMP of two% with a steady efficiency outlook. Suraksha Diagnostic is very valued on the higher worth band in comparison with its friends. We thus suggest that buyers who’ve been allotted shares maintain on to the shares and carefully watch how the corporate performs within the upcoming quarters,” mentioned Prathamesh Masdekar, Analysis Analyst, Stoxbox
In response to Shivani Nyati, Head of Wealth at Swastika Investmart Ltd, with a gray market premium (GMP) of ₹13 (roughly 2.95%), it signifies the potential for an honest itemizing achieve of 2-3%.
“Given the corporate’s restricted scale, geographic focus, and ongoing risky market situations, a cautious method is advisable. Buyers might discover higher alternatives amongst established gamers within the diagnostics sector. General, we count on a reasonable itemizing for Suraksha Diagnostics, with a possible achieve of round 2-3% from the difficulty worth,” Nyati mentioned.
Suraksha Diagnostic IPO Particulars
Suraksha Diagnostic IPO opened for subscription on Friday, November 29, and closed Tuesday, December 3. The IPO allotment was finalized on December 4 and the Suraksha Diagnostic IPO itemizing date is at present, December 6. Suraksha Diagnostic shares can be listed on BSE and NSE.
The corporate raised ₹846.25 crore from the book-built subject on the upper-end of the IPO worth band. Suraksha Diagnostic IPO worth band was set at ₹420 to ₹441 per share. The problem was solely a proposal on the market (OFS) of 1.92 crore fairness share.
Suraksha Diagnostic IPO was subscribed 1.27 instances in complete because it acquired bids for 1.70 crore fairness shares as towards 1.34 crore shares on the provide.
ICICI Securities, Nuvama Wealth Administration and SBI Capital Markets are the e book working lead managers of the Suraksha Diagnostic IPO, whereas Kfin Applied sciences is the IPO registrar.
Disclaimer: The views and proposals made above are these of particular person analysts or broking corporations, and never of Mint. We advise buyers to test with licensed consultants earlier than making any funding selections.
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