India’s Dalal Street continues to remain abuzz as 2024 draws to a close, with nine mainboard IPOs hitting the stock market till December 31. Five mainboard initial public offerings will be listed on the bourses on Friday, another three on Monday, and one on Tuesday. The grey market premiums of these public issues point to a bumper listing as the year ends.

Five IPOs – Transrail Lighting, DAM Capital Advisors, Mamata Machinery, Sanathan Textiles and Concord Enviro Systems will list on the stock exchanges on Friday.

Of the four IPOs that will list next week, the highest grey market premium in the list is for Unimech Aerospace IPO, which was subscribed over 9 times on Tuesday (Day 2). According to InvestorGain data, Unimech Aerospace’s shares are set to hit Dalal Street at around 78% premium over its IPO price.

Here’s what the GMP trends of the four IPOs indicate ahead of their listing next week:

Carraro India IPO GMP And Allotment

The grey market premium of Carraro India’s IPO was NIL at 07:28 a.m. on Dec 26. The issue was fully subscribed on its final day after muted subscription on Day 1 and Day 2.

Carraro India Ltd.’s Rs 1,250-crore initial public offering was subscribed 1.12 times on its final day, with only the portion for institutional investors being over-subscribed. Allotment of shares is expected to be finalised today with the company shares listing on the BSE and NSE on Monday, Dec. 30.

Investors who bid for this issue can check the step-by-step guide to verify Carraro India IPO allotment status here.

Senores Pharmaceuticals IPO GMP And Allotment

The grey market premium of Senores Pharmaceuticals IPO showed gains as the issue closed for subscription on Dec. 24. The GMP of Senores Pharmaceuticals was Rs 240 per share as of 7:58 a.m. on Thursday, according to the InvestorGain platform. This takes the estimated listing price—the sum of GMP and the upper end of the IPO price—to Rs 631 per share, which suggests a potential listing day gain of 61.38%.

The initial public offering of Senores Pharmaceuticals Ltd. has been subscribed over 93 times on Tuesday. Allotment of shares is expected to be finalised today with the company shares listing on the BSE and NSE on Monday, Dec. 30.

Investors who bid for this issue can check the step-by-step guide to verify Senores Pharmaceuticals IPO allotment status here.

Ventive Hospitality IPO GMP And Allotment

The grey market premium of Ventive Hospitality IPO stood at Rs 72 as of 07:23 am on Dec. 26, indicating a potential gain of 11.20%. This suggests an estimated listing price of Rs 715 for the company.

The GMP trends have been a mixbag so far. The grey market premium was Rs 67 when the issue opened for subscription but soon slid down to as low as Rs 29 by Day 2. But as the IPO garnered significant attention from investors on its final day the GMP climbed again to Rs 54 before closing the day Rs 74 per share.

The IPO was subscribed over 9 times on its final day. Allotment of shares is expected to be finalised today with the company shares listing on the BSE and NSE on Monday, Dec. 30.

Investors who bid for this issue can check the step-by-step guide to verify the Ventive Hospitality IPO allotment status here.

Unimech Aerospace IPO GMP And Allotment Date

The grey market premium of Unimech Aerospace IPO showed gains as the issue closes for subscription on Thursday. The GMP stood at Rs 610 per share as of 08:01 a.m. on Dec. 26. This takes the estimated listing price—the sum of GMP and the upper end of the IPO price—to Rs 1395 per share, which suggests a potential listing day gain of 77.71% – according to the InvestorGain platform.

The GMP trends have shown an upward trajectory since the IPO price band was announced.

Notably, the IPO was subscribed close to 10 times as of 10:00 am on Thursday, as per the consolidated data shared by the BSE. Allotment of shares is expected to be finalised on Friday with the company shares listing on the BSE and NSE on Tuesday, Dec. 31.

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 ongoing offers are expected to list at a premium of as much as 77% over the IPO price. Check their grey market premiums and allotment ahead of listing next week.  Read MoreIPOs, Markets, Trending 

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