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What is the GMP of India pesticides IPO?
India Pesticides Limited IPO (Initial Public Offer) allotment process is underway and it will be completed by 2nd July 2021 after the credit of shares in the allotees Demat Account. As per the market observers, India Pesticides IPO GMP today is ₹50, which is ₹12 higher from its yesterday GMP of ₹37 to ₹38.
Is India Pesticides Limited IPO good?
We recommend subscribing this IPO as the company is one of the fastest-growing agrochemical company in India with strong R&D capabilities and a diversified product portfolio. India Pesticides IPO price band has been fixed at ₹290 to ₹296.
What is grey market price?
Grey market premium is nothing but the price at which the shares are being traded in the grey market. For instance, let’s assume the issue price for stock X is Rs 200. If the grey market premium is Rs 400, it means that people are ready to buy the shares of company X for Rs 600; (i.e. 200+400).
What is the listing date of India pesticides limited?
India Pesticides Limited IPO listing DATE: India Pesticides Limited IPO will be listed on exchanges—NSE and BSE—today, July 5, 2021. Earlier, agrochemical company India pesticides had finalized the share allotment on July 1.
What will be the listing price of India pesticides limited?
NEW DELHI: Shares of India Pesticides made a decent debut on Monday, as the scrip got listed at Rs 360 on BSE at a 21.62 per cent premium to its issue price of Rs 296. On NSE, the stock got listed at Rs 350, up 18.24 per cent.
Some brokerages see the presence of India Pesticides in the fast growing agrochemicals space as a big positive to buy into the shares. India Pesticides listed strongly on the exchanges today with 21\% premium at Rs 360 per share against its issue price of R s 296 per share, she adds.
What is the grey market premium of India pesticides IPO?
The Grey Market Premium of INDIA PESTICIDES IPO is approx. Rs.1000 at the moment. What is the Subject to Sauda price for INDIA PESTICIDES IPO?
When will India Pesticides Limited shares be available for subscription?
The public issue of India Pesticides Limited is available for subscription from 23 Jun 2021 till 25 Jun 2021. The public issue worth ₹800.00 crore got subscribed 29.04 times. India Pesticides Limited shares were trading at a premium of ₹40-45 per equity share in the grey market.
Why choose indiaindia pesticides?
India Pesticides Limited is one of the globally operating agro-chemical manufactures in India, pioneered the manufacturing since 1984. We were among the fastest growing agro-chemical companies in India in terms of volume in Fiscal 2020.
How to apply in India pesticides IPO through Zerodha?
Zerodha customers can apply in India Pesticides IPO by login into Zerodha Console (back office) and submitting an IPO application form. Visit the Zerodha website and login to Console. Go to Portfolio and click the IPOs link. Go to the ‘India Pesticides IPO’ row and click the ‘Bid’ button.