Crop Life Science IPO: What does the latest GMP signal ahead of listing; check key details

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IPO listing date has been fixed for tomorrow i.e. Wednesday, August 30 on NSE SME. Crop Life Science IPO subscription opened on Friday, August 18, and closed on Tuesday, August 22.

Crop Life Science IPO subscription status was 4.36 times on day 3. The issue received positive response from retail investors who's portion set was subscribed 7.15 times, and non-institutional buyers who's portion set was subscribed 1.56 times, according to data on chittorgarh.com. Crop Life Science IPO subscription status was 84% on day 1, and the issue was subscribed 2.36 times on day 2.

Crop Life Science IPO share allotment was finalised on Friday, August 25. The initiation of the refund process was scheduled on Monday, August 28, for individuals not given shares. Those allotted will receive their shares in their demat accounts today (Tuesday, August 29).

Let's check what does Crop Life Science IPO GMP today signal ahead of listing. Also Read: Aeroflex IPO receives response worth ₹24,500 crore. Check GMP, how to check allotment Crop Life Science Limited IPO GMP today or grey market premium is -7.

This indicates that the shares of Crop Life Science IPO GMP were trading at a discount of ₹7 in the grey market on Tuesday, according to topsharebrokers.com. Considering the upper end of the Crop Life Science price band and the current premium in the grey market, the estimated listing price of Crop Life Science Ltd share price is ₹45 apiece, which is 13.46% lower than the Crop Life Science Ltd share of ₹52. In the last nine trading sessions, Crop Life Science Ltd shares were trading at discount in the grey market.