Introduction
RK Swamy IPO GMP – The Initial Public Offering (IPO) market is abuzz with excitement as RK Swamy’s IPO hits the market. Investors and traders are closely monitoring the Grey Market Premium (GMP) for clues about the demand and potential listing gains.
RK Swamy IPO GMP Today
As of today, the GMP for RK Swamy’s IPO stands at ₹50. This means that investors are willing to pay 50 more than the issue price [₹288] to get their hands on RK Swamy’s shares. However, it’s essential to note that GMP can fluctuate rapidly, so investors should stay updated with real-time information.
RK Swamy IPO GMP (Grey Market Premium) Live Rates day by day Updated Here.
| Date | IPO PRICE | IPO GMP |
| 2 March 2024 | ₹288 | ₹50 |
| 1 March 2024 | ₹288 | ₹50 |
Why Does GMP Matter?
- Listing Gains: A high GMP suggests strong demand for the IPO, which often translates into listing gains. If the GMP is substantial, investors may expect the stock to open at a premium on the listing day.
- Risk Factor: On the flip side, a negative or low GMP may indicate lukewarm interest in the IPO. Investors should consider this while making their investment decisions.
- Market Sentiment: GMP reflects market sentiment and investor confidence. It provides insights into how the IPO is perceived by the investing community.
RK Swamy IPO details
- IPO Dates: The RK Swamy IPO opens for subscription on March 4, 2024, and closes on March 6, 2024.
- Issue Size: The IPO comprises a fresh issue of ₹173 crore and an Offer-for-Sale (OFS) of 8,700,000 shares worth ₹250.56 crore. The total IPO size stands at ₹423.56 crore
- Price Band: The price range for RK Swamy IPO is set between ₹270 to ₹288 per equity share.
- Listing Date: The shares of RK Swamy IPO are expected to list on March 12, 2024.
Investors eyeing RK Swamy’s IPO should closely monitor the GMP and consider it alongside other factors before making their investment decisions. Remember that GMP is unofficial and subject to change, so always rely on accurate and up-to-date information.
