Supreme Power Equipment IPO: GMP, subscription status, other details of NSE SME issue in 10 points
Supreme Power Equipment IPO: The initial public offering (IPO) of Supreme Power Equipment Limited has opened for subscription today and it will remain open for subscribers till 26th December 2023. The public issue is proposed for listing on NSE SME platform and it aims to raise 46.67 crore via issuance of fresh shares. The transformer and generator company has fixed Supreme Power Equipment IPO price band at ₹61 to ₹65 per equity share.
Also Read: Indian stock market: How big is the Covid risk for equities? Experts answer Meanwhile, shares of the engineering company are available for trade in grey market. According to stock market observers, Supreme Power Equipment shares are quoting at a premium of ₹54 in grey market today. Also Read: Suraj Estate IPO allotment to be finalised soon: Check share application status 1] Supreme Power Equipment IPO GMP: Shares of the engineering company are available at a premium of ₹61 to ₹66 per equity share.
2] Supreme Power Equipment IPO price: Company has fixed issue price at ₹61 to ₹66 per equity share. 3] Supreme Power Equipment IPO date: The public issue has opened today and it will remain open till 26th December 2023. Also Read: Credo Brands IPO Day 3: Should you buy? A look at GMP and subscription status 4] Supreme Power Equipment IPO subscription status: By 12:30 AM on day one of bidding, the book build issue has received bids for 1,09,48,000 shares of the company against the offered 71,80,000 shares.
So, the SME IPO has received 1.52 times subscription within two and half hours of the subscription opening. 5] Supreme Power Equipment IPO size: The engineering company aims to raise rs 46.67 crore from ths public offer. Also Read: Mazagon Dock Shipbuilders, Cochin Shipyards shares
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