ACME Solar Holdings Limited IPO GMP Today
The ACME Solar Holdings Limited IPO GMP is -₹4 (-1.4% over the upper price band of ₹289) as of 13 Nov 2024, giving an estimated listing price of ₹285 per share. On a minimum application of 51 shares, that is an estimated loss of ₹204. GMP has fallen by ₹34 since tracking began on 3 Nov.
Last updated
- Issue Price
- ₹289
- GMP
- -₹4
- GMP %
- -1.4%
- Est. listing
- ₹285
- Est. gain / application
- -₹204
ACME Solar Holdings Limited IPO GMP trend
Tracked for 10 days. High ₹30 on 3 Nov, low -₹4 on 11 Nov.
ACME Solar Holdings Limited IPO GMP day-wise
| Date | GMP | Change | GMP % | Est. listing | Est. gain (51 sh) |
|---|---|---|---|---|---|
| (latest) | -₹4 | 0 | -1.38% | ₹285 | -₹204 |
| -₹4 | 0 | -1.38% | ₹285 | -₹204 | |
| -₹4 | -₹3 | -1.38% | ₹285 | -₹204 | |
| -₹1 | 0 | -0.35% | ₹288 | -₹51 | |
| -₹1 | 0 | -0.35% | ₹288 | -₹51 | |
| -₹1 | -₹6 | -0.35% | ₹288 | -₹51 | |
| ₹5 | -₹5 | 1.73% | ₹294 | +₹255 | |
| ₹10 | -₹17 | 3.46% | ₹299 | +₹510 | |
| ₹27 | -₹3 | 9.34% | ₹316 | +₹1,377 | |
| ₹30 | — | 10.38% | ₹319 | +₹1,530 |
Est. listing = upper price band (₹289) + GMP. Est. gain = GMP × 51 shares (1 lot, the minimum application).
ACME Solar Holdings Limited IPO subscription status
| QIB | 3.54x |
|---|---|
| bNII | 0.86x |
| sNII | 1.18x |
| Retail | 3.10x |
| Total | 2.75x |
Reading the ACME Solar Holdings Limited IPO GMP
The grey market premium is the price above the issue price at which ACME Solar Holdings Limited IPO shares are informally traded before listing. A GMP of -₹4 on an upper band of ₹289 suggests the shares could open around ₹285, 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. Check it together with the subscription numbers and the company's financials before applying.
A negative GMP means grey market participants currently expect the shares to list below the issue price on listing.
ACME Solar Holdings Limited IPO GMP: FAQs
- What is ACME Solar Holdings Limited IPO GMP today?
- The latest grey market premium (GMP) for the ACME Solar Holdings Limited IPO is -₹4 as of 13 November 2024, which is -1.38% over the upper price band of ₹289.
- What is the expected listing price of ACME Solar Holdings Limited IPO?
- Based on the current GMP, the estimated listing price of ACME Solar Holdings Limited IPO is ₹285 per share (₹289 issue price + -₹4 GMP). This is an estimate from unofficial grey market trades, not a guaranteed listing price.
- What is the lot size and minimum investment for ACME Solar Holdings Limited IPO?
- The lot size is 51 shares. The minimum application is 1 lot, which costs ₹14,739 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.