DEE Piping Systems IPO GMP Today
The DEE Piping Systems IPO GMP is ₹90 (+44.3% over the upper price band of ₹203) as of 26 Jun 2024, giving an estimated listing price of ₹293 per share. On a minimum application of 73 shares, that is an estimated gain of ₹6,570.
Last updated
- Issue Price
- ₹203
- GMP
- ₹90
- GMP %
- +44.3%
- Est. listing
- ₹293
- Est. gain / application
- +₹6,570
DEE Piping Systems IPO GMP trend
Tracked for 1 day. High ₹90 on 26 Jun, low ₹90 on 26 Jun.
DEE Piping Systems IPO GMP day-wise
| Date | GMP | Change | GMP % | Est. listing | Est. gain (73 sh) |
|---|---|---|---|---|---|
| (latest) | ₹90 | — | 44.33% | ₹293 | +₹6,570 |
Est. listing = upper price band (₹203) + GMP. Est. gain = GMP × 73 shares (1 lot, the minimum application).
DEE Piping Systems IPO subscription status
| QIB | 206.54x |
|---|---|
| bNII | 165.71x |
| sNII | 116.73x |
| Retail | 23.66x |
| Total | 103.03x |
Reading the DEE Piping Systems IPO GMP
The grey market premium is the price above the issue price at which DEE Piping Systems IPO shares are informally traded before listing. A GMP of ₹90 on an upper band of ₹203 suggests the shares could open around ₹293, 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.
DEE Piping Systems IPO GMP: FAQs
- What is DEE Piping Systems IPO GMP today?
- The latest grey market premium (GMP) for the DEE Piping Systems IPO is ₹90 as of 26 June 2024, which is 44.33% over the upper price band of ₹203.
- What is the expected listing price of DEE Piping Systems IPO?
- Based on the current GMP, the estimated listing price of DEE Piping Systems IPO is ₹293 per share (₹203 issue price + ₹90 GMP). This is an estimate from unofficial grey market trades, not a guaranteed listing price.
- What is the lot size and minimum investment for DEE Piping Systems IPO?
- The lot size is 73 shares. The minimum application is 1 lot, which costs ₹14,819 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.