Brace Port Logistics IPO GMP Today
The Brace Port Logistics IPO GMP is ₹80 (+100.0% over the upper price band of ₹80) as of 13 Aug 2024, giving an estimated listing price of ₹160 per share. On a minimum application of 3,200 shares, that is an estimated gain of ₹2,56,000. GMP has fallen by ₹12 since tracking began on 20 Aug.
Last updated
- Issue Price
- ₹80
- GMP
- ₹80
- GMP %
- +100.0%
- Est. listing
- ₹160
- Est. gain / application
- +₹2,56,000
Brace Port Logistics IPO GMP trend
Tracked for 8 days. High ₹92 on 20 Aug, low ₹80 on 15 Aug.
Brace Port Logistics IPO GMP day-wise
| Date | GMP | Change | GMP % | Est. listing | Est. gain (3,200 sh) |
|---|---|---|---|---|---|
| (latest) | ₹80 | 0 | 100.00% | ₹160 | +₹2,56,000 |
| ₹80 | 0 | 100.00% | ₹160 | +₹2,56,000 | |
| ₹80 | -₹10 | 100.00% | ₹160 | +₹2,56,000 | |
| ₹90 | 0 | 112.50% | ₹170 | +₹2,88,000 | |
| ₹90 | 0 | 112.50% | ₹170 | +₹2,88,000 | |
| ₹90 | -₹2 | 112.50% | ₹170 | +₹2,88,000 | |
| ₹92 | 0 | 115.00% | ₹172 | +₹2,94,400 | |
| ₹92 | — | 115.00% | ₹172 | +₹2,94,400 |
Est. listing = upper price band (₹80) + GMP. Est. gain = GMP × 3,200 shares (2 lots, the minimum application).
Reading the Brace Port Logistics IPO GMP
The grey market premium is the price above the issue price at which Brace Port Logistics IPO shares are informally traded before listing. A GMP of ₹80 on an upper band of ₹80 suggests the shares could open around ₹160, 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.
Brace Port Logistics IPO GMP: FAQs
- What is Brace Port Logistics IPO GMP today?
- The latest grey market premium (GMP) for the Brace Port Logistics IPO is ₹80 as of 13 August 2024, which is 100.00% over the upper price band of ₹80.
- What is the expected listing price of Brace Port Logistics IPO?
- Based on the current GMP, the estimated listing price of Brace Port Logistics IPO is ₹160 per share (₹80 issue price + ₹80 GMP). This is an estimate from unofficial grey market trades, not a guaranteed listing price.
- What is the lot size and minimum investment for Brace Port Logistics IPO?
- The lot size is 1,600 shares. The minimum application is 2 lots (3,200 shares), which costs ₹2,56,000 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.