IPO Bonanza: 29 Companies List This Week

29 companies set to list this week with grey market premiums up to 59%.

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IPO Bonanza: 29 Companies List This Week

29 companies set to list this week with grey market premiums up to 59%.

In brief

29 companies set to list this week with grey market premiums up to 59%. Twenty-nine companies are scheduled to list on the stock market this week, with grey market premiums indicating potential returns of up to 59%. Originally reported by The Economic Times.

IPO Bonanza

After a busy September for IPO fundraising, the primary market shifts to listings this week with 29 companies set to debut.

Grey Market Signals

Grey market premiums indicate potential listing gains ranging from 1% to 59.32% over issue prices.

Vans Electroengineerings

Vans Electroengineerings shows the strongest grey market signal with a GMP of Rs 70, implying a 59.32% listing gain.

“Rs 70”

Black Opal Consultants

Black Opal Consultants trades at a GMP of Rs 95, indicating a 48.22% potential gain over its issue price of Rs 197.

“Rs 95”

EverestIMS Technologies

EverestIMS Technologies shows a GMP of Rs 40, indicating a 47.06% gain over its issue price of Rs 85.

“Rs 40”

Orient Cables

Orient Cables has a GMP of Rs 115, indicating a 42.28% gain over its issue price of Rs 272.

“Rs 115”

SRIT India

SRIT India shows a GMP of Rs 52, indicating a 40% potential gain over its issue price of Rs 130.

“Rs 52”

Bench Mark Infotech Services

Bench Mark Infotech Services quotes a GMP of Rs 25, indicating a 22.73% gain over its issue price of Rs 110.

“Rs 25”

The bottom line

Twenty-nine companies are scheduled to list on the stock market this week, with grey market premiums indicating potential returns of up to 59%.

Read the original on The Economic Times

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