Awfis Space Solutions IPO listing date today. GMP, experts signal strong debut of shares
Awfis Space Solutions IPO: The listing date of the initial public offering (IPO) of Awfis Space Solutions Ltd has been fixed on May 30 2024, i.e. today.
As per the information on the BSE website, effective from Thursday, May 30, 2024, the equity shares of Awfis Space Solutions Limited shall be listed and admitted to dealings on the BSE and NSE in the list of 'B' Group of Securities. As lucky allottees are busy assessing the Awfis Space Solutions IPO listing gain, the grey market, a market where IPO shares are traded before they are officially listed, is signalling a strong premium.
According to stock market observers, Awfis Space Solutions IPO GMP (grey market premium) today is ₹127, meaning the grey market expects that Awfis Space Solutions' IPO listing price would be around ₹510 apiece mark.Discussing the potential of the Awfis Space Solutions IPO listing, Shreyansh V Shah, Research Analyst at StoxBox, expressed, "With a robust oversubscription of about 108.2 times, we anticipate a significant listing of the issue upon its debut on the bourses. We project shares to list at around ₹500 per share, a substantial increase from the issued price of ₹383, implying a promising upside of about 30 percent."When asked about the potential listing range for Awfis Space Solutions today, Amit Goel, Co-Founder and Chief Global Strategist at Pace 360, confidently stated, “We anticipate a listing at around ₹510 to ₹520 per share, which could result in a listing gain of approximately 33 percent."Reaffirming the market's positive outlook on the debut of Awfis Space Solutions shares, VLA Ambala, SEBI Registered Research Analyst and Co-Founder of Stock Market Today, explained, "Despite the company's net profit being negative and total
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