Sangani Hospitals IPO: Issue opens; Check latest GMP, subscription status, other key things to know
small and medium enterprises (SME). The IPO will remain open for public subscription till August 8. Sangani Hospitals IPO GMP today, or grey market premium today, is just Re 1, as per topsharebrokers.com.
This means Sangani Hospitals shares are trading at a premium of Re 1 in the grey market. Considering the GMP today and the upper end of the price band, Sangani Hospitals shares are expected to be listed at ₹41 apiece. Sangani Hospitals IPO has been subscribed 0.05 times so far on day 1.
The public issue received bids for 1.71 lakh shares as compared to 37.92 lakh equity shares on the offer, till 10:25 a.m. Sangani Hospitals IPO is subscribed 0.10 times in the retail category and 0.01 times in the Non-Institutional Investors' (NII) category so far. Qualified Institutional Buyers (QIB) are yet to place bids.
Also Read: Concord Biotech IPO opens today: GMP, review, other details. Apply or not? Check out key things to know about Sangani Hospitals IPO: Sangani Hospitals IPO Dates: Sangani Hospitals IPO opened for subscription on Friday, August 4, and will close on August 8, Tuesday. The basis of share allotment is expected to be fixed on August 11 and the company will begin refunds on August 14.
Sangani Hospitals shares will be credited to the demat accounts of eligible shareholders on August 16. Sangani Hospitals IPO Price Band: The company is selling shares in the IPO at a price band of ₹37 to ₹40 per share. IPO Issue Size: Sangani Hospitals IPO comprises a fresh issue of 37.92 lakh equity shares of face value of ₹10 each.
At the upper end of the price band, Sangani Hospitals IPO size is worth ₹15.17 crore. IPO Lot Size: Sangani Hospitals IPO lot size is 3,000 shares. The minimum investment amount required for retail
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