Concord Enviro Systems-IPO GMP Today
The Concord Enviro Systems-IPO GMP is ₹138 (+19.7% over the upper price band of ₹701) as of 27 Dec 2024, giving an estimated listing price of ₹839 per share. On a minimum application of 21 shares, that is an estimated gain of ₹2,898. GMP has risen by ₹68 since tracking began on 18 Dec.
Last updated
- Issue Price
- ₹701
- GMP
- ₹138
- GMP %
- +19.7%
- Est. listing
- ₹839
- Est. gain / application
- +₹2,898
Concord Enviro Systems-IPO GMP trend
Tracked for 10 days. High ₹138 on 26 Dec, low ₹40 on 21 Dec.
Concord Enviro Systems-IPO GMP day-wise
| Date | GMP | Change | GMP % | Est. listing | Est. gain (21 sh) |
|---|---|---|---|---|---|
| (latest) | ₹138 | 0 | 19.69% | ₹839 | +₹2,898 |
| ₹138 | +₹4 | 19.69% | ₹839 | +₹2,898 | |
| ₹134 | +₹59 | 19.12% | ₹835 | +₹2,814 | |
| ₹75 | +₹20 | 10.70% | ₹776 | +₹1,575 | |
| ₹55 | +₹15 | 7.85% | ₹756 | +₹1,155 | |
| ₹40 | 0 | 5.71% | ₹741 | +₹840 | |
| ₹40 | -₹15 | 5.71% | ₹741 | +₹840 | |
| ₹55 | -₹15 | 7.85% | ₹756 | +₹1,155 | |
| ₹70 | 0 | 9.99% | ₹771 | +₹1,470 | |
| ₹70 | — | 9.99% | ₹771 | +₹1,470 |
Est. listing = upper price band (₹701) + GMP. Est. gain = GMP × 21 shares (1 lot, the minimum application).
Concord Enviro Systems-IPO subscription status
| QIB | 17.32x |
|---|---|
| bNII | 14.09x |
| sNII | 14.41x |
| Retail | 5.56x |
| Total | 10.67x |
Reading the Concord Enviro Systems-IPO GMP
The grey market premium is the price above the issue price at which Concord Enviro Systems-IPO shares are informally traded before listing. A GMP of ₹138 on an upper band of ₹701 suggests the shares could open around ₹839, 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.
Concord Enviro Systems-IPO GMP: FAQs
- What is Concord Enviro Systems-IPO GMP today?
- The latest grey market premium (GMP) for the Concord Enviro Systems-IPO is ₹138 as of 27 December 2024, which is 19.69% over the upper price band of ₹701.
- What is the expected listing price of Concord Enviro Systems-IPO?
- Based on the current GMP, the estimated listing price of Concord Enviro Systems-IPO is ₹839 per share (₹701 issue price + ₹138 GMP). This is an estimate from unofficial grey market trades, not a guaranteed listing price.
- What is the lot size and minimum investment for Concord Enviro Systems-IPO?
- The lot size is 21 shares. The minimum application is 1 lot, which costs ₹14,721 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.