Abha Power and Steel IPO GMP Today
The Abha Power and Steel IPO GMP is ₹15 (+20.0% over the upper price band of ₹75) as of 4 Dec 2024, giving an estimated listing price of ₹90 per share. On a minimum application of 3,200 shares, that is an estimated gain of ₹48,000. GMP has fallen by ₹10 since tracking began on 26 Nov.
Last updated
- Issue Price
- ₹75
- GMP
- ₹15
- GMP %
- +20.0%
- Est. listing
- ₹90
- Est. gain / application
- +₹48,000
Abha Power and Steel IPO GMP trend
Tracked for 9 days. High ₹25 on 26 Nov, low ₹15 on 28 Nov.
Abha Power and Steel IPO GMP day-wise
| Date | GMP | Change | GMP % | Est. listing | Est. gain (3,200 sh) |
|---|---|---|---|---|---|
| (latest) | ₹15 | 0 | 20.00% | ₹90 | +₹48,000 |
| ₹15 | 0 | 20.00% | ₹90 | +₹48,000 | |
| ₹15 | 0 | 20.00% | ₹90 | +₹48,000 | |
| ₹15 | 0 | 20.00% | ₹90 | +₹48,000 | |
| ₹15 | 0 | 20.00% | ₹90 | +₹48,000 | |
| ₹15 | 0 | 20.00% | ₹90 | +₹48,000 | |
| ₹15 | -₹5 | 20.00% | ₹90 | +₹48,000 | |
| ₹20 | -₹5 | 26.67% | ₹95 | +₹64,000 | |
| ₹25 | — | 33.33% | ₹100 | +₹80,000 |
Est. listing = upper price band (₹75) + GMP. Est. gain = GMP × 3,200 shares (2 lots, the minimum application).
Abha Power and Steel IPO subscription status
| Retail | 24.93x |
|---|---|
| Total | 17.55x |
Reading the Abha Power and Steel IPO GMP
The grey market premium is the price above the issue price at which Abha Power and Steel IPO shares are informally traded before listing. A GMP of ₹15 on an upper band of ₹75 suggests the shares could open around ₹90, if grey market sentiment holds until listing day.
GMP is not set by the company, the exchanges or SEBI. It moves daily with market conditions and subscription demand, and SME GMP in particular can swing sharply on low volumes. Check it together with the subscription numbers and the company's financials before applying.
Abha Power and Steel IPO GMP: FAQs
- What is Abha Power and Steel IPO GMP today?
- The latest grey market premium (GMP) for the Abha Power and Steel IPO is ₹15 as of 4 December 2024, which is 20.00% over the upper price band of ₹75.
- What is the expected listing price of Abha Power and Steel IPO?
- Based on the current GMP, the estimated listing price of Abha Power and Steel IPO is ₹90 per share (₹75 issue price + ₹15 GMP). This is an estimate from unofficial grey market trades, not a guaranteed listing price.
- What is the lot size and minimum investment for Abha Power and Steel IPO?
- The lot size is 1,600 shares. The minimum application is 2 lots (3,200 shares), which costs ₹2,40,000 at the upper price band.
- Is IPO GMP reliable?
- GMP reflects unofficial trades before listing and changes daily with market mood and subscription demand. It is a useful sentiment indicator but often differs from the actual listing price, so use it alongside the company's financials and subscription data.
GMP is an unofficial indicator compiled from grey market sources and is not investment advice. Actual listing prices can differ significantly. Read the offer document before investing.