Amwill Healthcare IPO GMP, Subscription Status And Allotment Date: The initial public offering of Amwill Healthcare which will conclude its subscription on Feb. 7 was booked over 1.7 times as bidding for the IPO enters its final day.

The company launched its IPO on Wednesday to raise nearly Rs 60 crore from the primary market. The SME issue is a combination of a fresh offer of 44.04 lakh shares worth Rs 48.88 crore and an offer for sale of 10 lakh shares amounting to Rs 11 crore.

As the bidding for the third-day resumes, here are key details that investors must know about Amwill Healthcare IPO:

Amwill Healthcare IPO Details

  • IPO size: Rs 59.98 crore

  • Bidding dates: Feb. 5-7

  • Price band: Rs 105 to Rs 111 per share

  • Lot size: 1200 shares

  • Minimum investment: Rs 1,26,000

  • Share allotment date: Feb. 10

  • Credit of shares to Demat accounts: Feb. 11

  • Registrar: Bigshare Services Pvt. Ltd.

  • Listing date: Feb. 12

Amwill Healthcare IPO Subscription Status: Day 3

Amwill Healthcare IPO has been subscribed 1.71 times as of 10:54 a.m. on Friday, as per the market tracking site Chittorgarh:

  • Qualified Institutions: 2.19 times

  • Non-Institutional Investors: 0.78 times

  • Retail Investors: 2.4 times

*The subscription status will be updated at regular intervals

Amwill Healthcare IPO GMP Today

The latest grey market premium (GMP) of Amwill Healthcare IPO is Rs 11, recorded at 10:01 a.m. on Feb. 7. Considering today’s GMP and issue price, shares of Amwill Healthcare are expected to list on BSE SME at Rs 122, up 9.91% over IPO price – as per InvestorGain.com.

The unlisted shares of Amwill Healthcare were trading as low as Rs 117 when the issue opened for subscription before increasing to Rs 122 as bidding on day 3 began. Going by the GMP trends, investors can look forward to a strong listing when the shares hit the market next week.

Note: GMP or grey market price is not an official price quote for the stock and is based on speculation.

Disclaimer: Investments in initial public offerings are subject to market risks. Please consult with financial advisors and read the red herring prospectus thoroughly before placing bids.

. Read more on IPOs by NDTV Profit.The latest grey market premium (GMP) of Amwill Healthcare IPO is Rs 11, recorded at 10:01 a.m. on Feb. 7.  Read MoreIPOs, Trending 

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