Medi Assist IPO: GMP jumps ahead of share listing date
Medi Assist IPO: The listing date of the initial public offering (IPO) of Medi Assist Healthcare Services Ltd has been fixed on 23rd January 2024. As per the information available on the Indian exchanges, shares of Medi Assist Healthcare Services Ltd are going to list on BSE and NSE in a special pre-open session on 23rd January 2024 i.e. on Tuesday this week.
Meanwhile, after the announcement of Medi Assist IPO listing date, Medi Assist share price has surged in the grey market. According to stock market observers, Medi Assist share price is available at a premium of ₹40 in the grey market today, which is ₹4 higher than its weekend GMP of ₹36. As per the market observers, Medi Assist IPO grey market premium (GMP) today is ₹40, which is ₹4 higher than the weekend GMP of Modi Assist IPO.
Market observers said that the public issue received a strong response from investors and the Dalal Street trend has also improved ahead of the weekend sessions. This could be the possible reason for the rise in positive sentiment regarding Modi Assist IPO. On Friday, Medi Assist IPO GMP had risen from ₹25 to ₹36.
This means that in the last three days, Medi Assist IPO GMP has risen from ₹25 to ₹40. Also Read: Buy or sell: Sumeet Bagadia recommends three stocks to buy this week According to stock market experts, Medi Assist IPO GMP today is ₹40, which means the grey market is expecting that Medi Assist IPO listing price would be around 458 ( ₹418 + ₹40), which is around 9.50 per cent higher than the Medi Assist IPO price band of ₹397 to ₹418 per equity share. This also means that the grey market is expecting a positive debut of Medi Assist shares on Dalal Street.
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