Bansal Wire IPO GMP Today
The Bansal Wire IPO GMP is ₹0 (0.0% over the upper price band of ₹256) as of 27 Jun 2024, giving an estimated listing price of ₹256 per share. On a minimum application of 58 shares, that is an estimated gain of ₹0. GMP has fallen by ₹70 since tracking began on 10 Jul.
Last updated
- Issue Price
- ₹256
- GMP
- ₹0
- GMP %
- 0.0%
- Est. listing
- ₹256
- Est. gain / application
- ₹0
Bansal Wire IPO GMP trend
Tracked for 14 days. High ₹76 on 7 Jul, low ₹0 on 28 Jun.
Bansal Wire IPO GMP day-wise
| Date | GMP | Change | GMP % | Est. listing | Est. gain (58 sh) |
|---|---|---|---|---|---|
| (latest) | ₹0 | 0 | 0.00% | ₹256 | ₹0 |
| ₹0 | -₹60 | 0.00% | ₹256 | ₹0 | |
| ₹60 | 0 | 23.44% | ₹316 | +₹3,480 | |
| ₹60 | -₹5 | 23.44% | ₹316 | +₹3,480 | |
| ₹65 | -₹1 | 25.39% | ₹321 | +₹3,770 | |
| ₹66 | +₹6 | 25.78% | ₹322 | +₹3,828 | |
| ₹60 | 0 | 23.44% | ₹316 | +₹3,480 | |
| ₹60 | -₹16 | 23.44% | ₹316 | +₹3,480 | |
| ₹76 | 0 | 29.69% | ₹332 | +₹4,408 | |
| ₹76 | 0 | 29.69% | ₹332 | +₹4,408 | |
| ₹76 | +₹6 | 29.69% | ₹332 | +₹4,408 | |
| ₹70 | 0 | 27.34% | ₹326 | +₹4,060 | |
| ₹70 | 0 | 27.34% | ₹326 | +₹4,060 | |
| ₹70 | — | 27.34% | ₹326 | +₹4,060 |
Est. listing = upper price band (₹256) + GMP. Est. gain = GMP × 58 shares (1 lot, the minimum application).
Bansal Wire IPO subscription status
| QIB | 146.05x |
|---|---|
| bNII | 52.46x |
| sNII | 49.46x |
| Retail | 13.64x |
| Total | 59.57x |
Reading the Bansal Wire IPO GMP
The grey market premium is the price above the issue price at which Bansal Wire IPO shares are informally traded before listing. A GMP of ₹0 on an upper band of ₹256 suggests the shares could open around ₹256, 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 zero GMP means grey market participants currently expect little or no premium on listing.
Bansal Wire IPO GMP: FAQs
- What is Bansal Wire IPO GMP today?
- The latest grey market premium (GMP) for the Bansal Wire IPO is ₹0 as of 27 June 2024, which is 0.00% over the upper price band of ₹256.
- What is the expected listing price of Bansal Wire IPO?
- Based on the current GMP, the estimated listing price of Bansal Wire IPO is ₹256 per share (₹256 issue price + ₹0 GMP). This is an estimate from unofficial grey market trades, not a guaranteed listing price.
- What is the lot size and minimum investment for Bansal Wire IPO?
- The lot size is 58 shares. The minimum application is 1 lot, which costs ₹14,848 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.