AMIC Forging Limited IPO opens tomorrow, price band set at ₹121 -126 per share

Posted on:
Key Points

AMIC Forging Limited IPO will open for subscription on Wednesday, November 29, and will close on Friday, December 1..

AMIC Forging Limited IPO's price band is set in the range of 121 to 126..

AMIC Forging Limited IPO, which is worth 34.80 crore, is completely a fresh issue of 2,762,000 equity share; there is no offer for sale (OFS) component, according to RHP..

AMIC Forging Limited IPO has reserved not more than 50% of the shares in the public issue for Qualified Institutional Buyers (QIB), not less than 15% for Non Institutional Investors (NII), and not less than 35% of the offer is reserved for Retail Investors..

AMIC Forging Limited IPO GMP today or grey market premium was 0, which meant shares were trading at their issue price of 126 with no premium or discount in the grey market according to topsharebrokers.com ..

You might be interested in

3 IPOs under market regulator SEBI's scanner for inflating subscriptions

19, Jan, 24

The development was confirmed by SEBI chairperson Madhabi Puri Buch at an event. She also said that the market regulator is working on measures to put an end to such malpractices.

Oriana Power sets IPO price band at ₹115 to ₹118 per equity share

25, Jul, 23

The company will deploy the IPO proceeds to meet its working capital requirement ( ₹23 crore), investment in subsidiary companies ( ₹20 crore), for capital expenditure ( ₹2 crore) and general corporate purposes

Cello World IPO opens: Check price band, GMP and other key details

30, Oct, 23

Cello World IPO: The public offering presents an opportunity for potential investors to acquire shares within a price range of Rs 617-648 per equity share, with a lot size of 23 shares and multiples thereafter.

Ideaforge IPO: GMP soars nearly 80% as issue gets fully subscribed. Here's what brokerages say

26, Jun, 23

The NII part was subscribed 1.89 times so far, while there were no bids from qualified institutional buyers. According to market sources, the company's shares are commanding a premium of Rs 525-530 in the unlisted market, indicating big listing gains for investors if the trends sustain.

Mamaearth, Cello World target Rs 3,600 cr next week in resilient IPO market

28, Oct, 23

Mumbai-based Cello World's IPO will open for subscription on October 30. The company has set a price band of Rs 617-648 per share. Honasa Consumer, which operates Mamaearth, has fixed a price band of Rs 308-324 per share for its IPO, which opens on October 31. At the upper end of the band, the company is valued at Rs 10,425 crore.

7 things investors should keep in mind before betting on IPOs

06, Aug, 23

Due to the complexity of the process and the need for meticulous preparation and execution, mistakes made during the IPO could have a detrimental impact on the firm. A realistic expectation and preparation are essential for an IPO

Nova Agritech IPO: Should you subscribe to this Rs 144-crore issue?

23, Jan, 24

Nova Agritech IPO comprises a fresh equity issue of Rs 112 crore and an offer-for-sale (OFS) of 77.58 lakh shares, The IPO opens today and closes on January 25. The company has fixed a price band of Rs 39-41 for the IPO and investors can bid for 365 shares in one lot. About 50% of the shares will be available for allocation to qualified institutional buyers (QIBs), 15% to non-institutional investors (NIIs), and 35% to retail investors.

Mamaearth IPO opens for subscription: Should you bid or skip?

31, Oct, 23

The IPO of Mamaearth's parent company, Honasa Consumer Limited, has garnered mixed reaction from analysts. Here is all you need to know.

What are the things you need to check when applying for IPOs?

25, Jan, 24

India Business News: Investing in Initial Public Offerings (IPOs) can be a great entry point in the world of securities for novice investors.

Gopal Snacks Limited IPO fully subscribed: Check latest GMP, subscription

07, Mar, 24

Interested investors can take part in Gopal Snacks Limited IPO from March 6 to March 11, 2024.