Innova Captab IPO listing date today. GMP, experts see up to 20% gain for allottees
Innova Captab IPO: Listing date for the initial public offering (IPO) of Innova Captab Limited has been fixed on 29th December 2023 i.e. today. As per the information available on BSE website, Innova Captab share price will list on BSE and NSE in special pre-open session during Friday deals.
Innova Captab shares will become available for trade from 10:00 AM during Friday dealings. "Trading Members of the Exchange are hereby informed that effective from Friday, December 29, 2023, the equity shares of Innova Captab Limited shall be listed and admitted to dealings on the Exchange in the list of 'B' Group of Securities," BSE notice says. According to stock market experts, Innova Captab IPO received strong response from investors and Dalal Street sentiments are also bullish.
They said that Innova Captab IPO listing will be positive and one can expect up to 20 per cent listing gain as the issue was priced little higher. They said that allottees may expect Innova Captab IPO listing gain in ₹40 to ₹60 range, which means Innova Captab IPO listing price would be in the range of ₹488 to ₹508 per equity share. Also Read: Shares of Can Fin Homes to trade ex-dividend, Standard Capital to trade ex-bonus Meanwhile, grey market is also signaling strong debut of Innova Captab shares.
According to stock market observers, shares of Innova Captab Limited are available at a premium of ₹85 in grey market today. Speaking on Innova Captab IPO listing, Prathamesh Masdekar, Research Analyst at StoxBox said, "Innova Captab Ltd. IPO received a strong 55x oversubscription and we expect a positive listing for the issue when it lists on the bourses on Friday.
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