KRN Heat Exchanger IPO GMP Today
The KRN Heat Exchanger IPO GMP is ₹215 (+97.7% over the upper price band of ₹220) as of 16 Sep 2024, giving an estimated listing price of ₹435 per share. On a minimum application of 65 shares, that is an estimated gain of ₹13,975. GMP has fallen by ₹55 since tracking began on 3 Oct.
Last updated
- Issue Price
- ₹220
- GMP
- ₹215
- GMP %
- +97.7%
- Est. listing
- ₹435
- Est. gain / application
- +₹13,975
KRN Heat Exchanger IPO GMP trend
Tracked for 15 days. High ₹276 on 27 Sep, low ₹215 on 16 Sep.
KRN Heat Exchanger IPO GMP day-wise
| Date | GMP | Change | GMP % | Est. listing | Est. gain (65 sh) |
|---|---|---|---|---|---|
| (latest) | ₹215 | -₹10 | 97.73% | ₹435 | +₹13,975 |
| ₹225 | 0 | 102.27% | ₹445 | +₹14,625 | |
| ₹225 | 0 | 102.27% | ₹445 | +₹14,625 | |
| ₹225 | +₹2 | 102.27% | ₹445 | +₹14,625 | |
| ₹223 | 0 | 101.36% | ₹443 | +₹14,495 | |
| ₹223 | 0 | 101.36% | ₹443 | +₹14,495 | |
| ₹223 | -₹17 | 101.36% | ₹443 | +₹14,495 | |
| ₹240 | +₹1 | 109.09% | ₹460 | +₹15,600 | |
| ₹239 | -₹12 | 108.64% | ₹459 | +₹15,535 | |
| ₹251 | -₹23 | 114.09% | ₹471 | +₹16,315 | |
| ₹274 | -₹2 | 124.55% | ₹494 | +₹17,810 | |
| ₹276 | +₹1 | 125.45% | ₹496 | +₹17,940 | |
| ₹275 | +₹5 | 125.00% | ₹495 | +₹17,875 | |
| ₹270 | 0 | 122.73% | ₹490 | +₹17,550 | |
| ₹270 | — | 122.73% | ₹490 | +₹17,550 |
Est. listing = upper price band (₹220) + GMP. Est. gain = GMP × 65 shares (1 lot, the minimum application).
KRN Heat Exchanger IPO subscription status
| QIB | 253.04x |
|---|---|
| bNII | 445.31x |
| sNII | 402.80x |
| Retail | 97.61x |
| Total | 213.98x |
Reading the KRN Heat Exchanger IPO GMP
The grey market premium is the price above the issue price at which KRN Heat Exchanger IPO shares are informally traded before listing. A GMP of ₹215 on an upper band of ₹220 suggests the shares could open around ₹435, 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.
KRN Heat Exchanger IPO GMP: FAQs
- What is KRN Heat Exchanger IPO GMP today?
- The latest grey market premium (GMP) for the KRN Heat Exchanger IPO is ₹215 as of 16 September 2024, which is 97.73% over the upper price band of ₹220.
- What is the expected listing price of KRN Heat Exchanger IPO?
- Based on the current GMP, the estimated listing price of KRN Heat Exchanger IPO is ₹435 per share (₹220 issue price + ₹215 GMP). This is an estimate from unofficial grey market trades, not a guaranteed listing price.
- What is the lot size and minimum investment for KRN Heat Exchanger IPO?
- The lot size is 65 shares. The minimum application is 1 lot, which costs ₹14,300 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.