These 3 IPOs Will Fill Investors’ Pockets! The gray market is chaotic.

New Delhi. There has been a lot of activity in the Indian IPO market for quite some time now. 8 IPOs will hit the market in the coming week as well. Apart from this, investors will also get an opportunity to invest in some of the open IPOs. Talking about the listings, 8 companies will make their debut in the stock markets between March 11-15. Companies to be listed include companies from both mainstream and SME segments. Today we will tell you about three IPOs whose unlisted shares are making waves in the gray market. This means the shares are trading at a 100 percent premium (GMP).

Investors should always remember that IPO shares that are trading at a premium in the gray market are not necessarily listed at a premium in the stock market. The opposite can also happen. This means that the shares may be listed on the stock market at a discount and those who invest in the IPO may suffer losses rather than profits on the day of listing.

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You can profit from the first IPO.
Pratham EPC Projects’ IPO will open tomorrow i.e. March 11. This is an SME IPO and the company wants to raise Rs 36 crore through this issue. Investors can invest in this IPO till March 13. The price band of the issue shares has been fixed at Rs 71-75 per share. The lot size for the bid is 1600 shares. The shares will be listed on NSE SME on March 18. In the gray market, Pratham EPC IPO shares are trading at 100 per cent premium i.e. Rs 75 (Pratham EPC IPO GMP).

Cora Fine Diamond IPO
The company is looking to raise Rs 5.50 crore through the Quora Fine Diamond Jewelery IPO. The IPO was opened on March 6 and will close tomorrow i.e. March 11. This issue has been subscribed 116.43 times so far. The price band for the IPO is Rs 55 per share and the lot size is 2000 shares. In the gray market, Quora Fine Diamond IPO shares are trading at a premium of 118 per cent to Rs 65 (Kora Fine Diamond IPO GMP).

Shri Karni Pham Com IPO
Shri Karni Fabcom’s IPO also opened on March 6 and will close on March 11. This means you have only one day left to invest in this IPO. So far this issue has been subscribed 51.45 times. The company wants to raise Rs 42.49 crore from this IPO. The issue price band is Rs 220-227 per share. A lot size is 600 shares. Shares of Shree Karni Fabcom IPO are trading on the gray market at a premium of 143 per cent ie Rs 325 (Sree Karni Fabcom IPO GMP).

Tags: money making tips, Stock market, IPO