INOX India IPO listing date today. GMP, experts predict strong debut of shares

livemint.com:

INOX India IPO: Listing date of initial public offering (IPO) of INOX India Limited has been fixed on 21st December 2023 i.e. today. As per the information available on BSE website, INOX India share price will list on BSE and NSE in special pre open session during Thursday deals.

INOX India shares will be listed in 'B' group of securities. "Trading Members of the Exchange are hereby informed that effective from Thursday, December 21, 2023, the equity shares of INOX India Limited shall be listed and admitted to dealings on the Exchange in the list of 'B ' Group of Securities," BSE notice said. So, those looking for INOX India IPO listing date and time, the public issue will list on BSE and NSE on 21st December 2023.

Shares of the company will become available for trade at 10:00 AM whereas the issue will list in pre listing session at around 9:45 AM. Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today — December 21 According to stock market experts, INOX India IPO receivd strong response by investors despite its valuations were fully priced. However, market mood may play a spoiler and it may receive some dent due to strong sell off in secondary market on Wednesday.

However, they maintained that INOX INdia IPO listing price would take place at healthy premium. Stock market said that an allottee may expect up to 80 per cent premium against the issue price of ₹627 to ₹660 provided there is trend reversal on Dalal Street. Otherwise, the stock may end up listing around ₹1,000 levels.