Avalon Technologies IPO GMP Today
The Avalon Technologies IPO GMP is ₹7 (+1.6% over the upper price band of ₹436) as of 18 Apr 2023, giving an estimated listing price of ₹443 per share. On a minimum application of 34 shares, that is an estimated gain of ₹238.
Last updated
- Issue Price
- ₹436
- GMP
- ₹7
- GMP %
- +1.6%
- Est. listing
- ₹443
- Est. gain / application
- +₹238
Avalon Technologies IPO GMP trend
Tracked for 1 day. High ₹7 on 18 Apr, low ₹7 on 18 Apr.
Avalon Technologies IPO GMP day-wise
| Date | GMP | Change | GMP % | Est. listing | Est. gain (34 sh) |
|---|---|---|---|---|---|
| (latest) | ₹7 | — | 1.61% | ₹443 | +₹238 |
Est. listing = upper price band (₹436) + GMP. Est. gain = GMP × 34 shares (1 lot, the minimum application).
Avalon Technologies IPO subscription status
| QIB | 3.77x |
|---|---|
| Retail | 0.88x |
| Total | 2.34x |
Reading the Avalon Technologies IPO GMP
The grey market premium is the price above the issue price at which Avalon Technologies IPO shares are informally traded before listing. A GMP of ₹7 on an upper band of ₹436 suggests the shares could open around ₹443, 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.
Avalon Technologies IPO GMP: FAQs
- What is Avalon Technologies IPO GMP today?
- The latest grey market premium (GMP) for the Avalon Technologies IPO is ₹7 as of 18 April 2023, which is 1.61% over the upper price band of ₹436.
- What is the expected listing price of Avalon Technologies IPO?
- Based on the current GMP, the estimated listing price of Avalon Technologies IPO is ₹443 per share (₹436 issue price + ₹7 GMP). This is an estimate from unofficial grey market trades, not a guaranteed listing price.
- What is the lot size and minimum investment for Avalon Technologies IPO?
- The lot size is 34 shares. The minimum application is 1 lot, which costs ₹14,824 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.