Euphoria Infotech India IPO: GMP rises, subscription status, issue details, everything you need to know
BSE SME with tentative listing date fixed as Monday, January 29, 2024. Euphoria Infotech India IPO was subscribed 24.62 times. The public issue subscribed 61.05 times in the retail category, 0.22 times in QIB, and 21.01 times in the NII category.
Meanwhile, shares of Euphoria Infotech India Limited are available for trade in grey market. According to investorgain.com, the shares of Euphoria Infotech India are available at a premium of ₹80 in grey market today. Also Read-EPACK Durable IPO: 10 key risks from RHP to know before subscribing to the IPO Euphoria Infotech India IPO is a book built issue of ₹9.60 crores.
The issue is entirely a fresh issue of 9.6 lakh shares. Euphoria Infotech India IPO price band is set at ₹96 to ₹100 per share. The minimum lot size for an application is 1200 Shares.
The minimum amount of investment required by retail investors is ₹120,000. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹240,000. Maximum Bid Quantity for Qualified Institutional Investors is 912,000 shares.
Khandwala Securities Limited is the book running lead manager of the issue Euphoria Infotech India IPO, while Mas Services Limited is the registrar for the issue. 1)Euphoria Infotech India IPO GMP: Shares of the company are available at a premium of ₹80 in grey market today. The GMP increased by ₹20 by end of day1 in the grey market from ₹60 at the start of the IPO.
The GMP indicates that investors are expecting listing of the shares at ₹180, 80% over the issue price of Rs100. 2] Euphoria Infotech India IPO price: The Kolkata based IT and ITes solution provider had fixed IPO price band at ₹96 to ₹100 per equity share. 3] Euphoria Infotech India IPO date: The public issue had opened on Friday
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