Afcons Infrastructure IPO GMP Today
The Afcons Infrastructure IPO GMP is ₹15 (+3.2% over the upper price band of ₹463) as of 4 Nov 2024, giving an estimated listing price of ₹478 per share. On a minimum application of 32 shares, that is an estimated gain of ₹480. GMP has fallen by ₹145 since tracking began on 20 Oct.
Last updated
- Issue Price
- ₹463
- GMP
- ₹15
- GMP %
- +3.2%
- Est. listing
- ₹478
- Est. gain / application
- +₹480
Afcons Infrastructure IPO GMP trend
Tracked for 16 days. High ₹225 on 19 Oct, low -₹3 on 31 Oct.
Afcons Infrastructure IPO GMP day-wise
| Date | GMP | Change | GMP % | Est. listing | Est. gain (32 sh) |
|---|---|---|---|---|---|
| (latest) | ₹15 | 0 | 3.24% | ₹478 | +₹480 |
| ₹15 | +₹5 | 3.24% | ₹478 | +₹480 | |
| ₹10 | +₹13 | 2.16% | ₹473 | +₹320 | |
| -₹3 | 0 | -0.65% | ₹460 | -₹96 | |
| -₹3 | -₹9 | -0.65% | ₹460 | -₹96 | |
| ₹6 | -₹34 | 1.30% | ₹469 | +₹192 | |
| ₹40 | +₹16 | 8.64% | ₹503 | +₹1,280 | |
| ₹24 | +₹5 | 5.18% | ₹487 | +₹768 | |
| ₹19 | +₹4 | 4.10% | ₹482 | +₹608 | |
| ₹15 | -₹45 | 3.24% | ₹478 | +₹480 | |
| ₹60 | -₹15 | 12.96% | ₹523 | +₹1,920 | |
| ₹75 | +₹30 | 16.20% | ₹538 | +₹2,400 | |
| ₹45 | -₹25 | 9.72% | ₹508 | +₹1,440 | |
| ₹70 | -₹155 | 15.12% | ₹533 | +₹2,240 | |
| ₹225 | +₹65 | 48.60% | ₹688 | +₹7,200 | |
| ₹160 | — | 34.56% | ₹623 | +₹5,120 |
Est. listing = upper price band (₹463) + GMP. Est. gain = GMP × 32 shares (1 lot, the minimum application).
Afcons Infrastructure IPO subscription status
| QIB | 3.79x |
|---|---|
| bNII | 6.30x |
| sNII | 2.54x |
| Retail | 0.94x |
| Total | 2.63x |
Reading the Afcons Infrastructure IPO GMP
The grey market premium is the price above the issue price at which Afcons Infrastructure IPO shares are informally traded before listing. A GMP of ₹15 on an upper band of ₹463 suggests the shares could open around ₹478, 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.
Afcons Infrastructure IPO GMP: FAQs
- What is Afcons Infrastructure IPO GMP today?
- The latest grey market premium (GMP) for the Afcons Infrastructure IPO is ₹15 as of 4 November 2024, which is 3.24% over the upper price band of ₹463.
- What is the expected listing price of Afcons Infrastructure IPO?
- Based on the current GMP, the estimated listing price of Afcons Infrastructure IPO is ₹478 per share (₹463 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 Afcons Infrastructure IPO?
- The lot size is 32 shares. The minimum application is 1 lot, which costs ₹14,816 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.