Lakshya Powertech IPO GMP Today
The Lakshya Powertech IPO GMP is ₹170 (+94.4% over the upper price band of ₹180) as of 23 Oct 2024, giving an estimated listing price of ₹350 per share. On a minimum application of 1,600 shares, that is an estimated gain of ₹2,72,000. GMP has risen by ₹119 since tracking began on 9 Oct.
Last updated
- Issue Price
- ₹180
- GMP
- ₹170
- GMP %
- +94.4%
- Est. listing
- ₹350
- Est. gain / application
- +₹2,72,000
Lakshya Powertech IPO GMP trend
Tracked for 14 days. High ₹190 on 18 Oct, low ₹51 on 9 Oct.
Lakshya Powertech IPO GMP day-wise
| Date | GMP | Change | GMP % | Est. listing | Est. gain (1,600 sh) |
|---|---|---|---|---|---|
| (latest) | ₹170 | 0 | 94.44% | ₹350 | +₹2,72,000 |
| ₹170 | -₹20 | 94.44% | ₹350 | +₹2,72,000 | |
| ₹190 | 0 | 105.56% | ₹370 | +₹3,04,000 | |
| ₹190 | 0 | 105.56% | ₹370 | +₹3,04,000 | |
| ₹190 | 0 | 105.56% | ₹370 | +₹3,04,000 | |
| ₹190 | +₹18 | 105.56% | ₹370 | +₹3,04,000 | |
| ₹172 | 0 | 95.56% | ₹352 | +₹2,75,200 | |
| ₹172 | +₹3 | 95.56% | ₹352 | +₹2,75,200 | |
| ₹169 | +₹34 | 93.89% | ₹349 | +₹2,70,400 | |
| ₹135 | +₹35 | 75.00% | ₹315 | +₹2,16,000 | |
| ₹100 | -₹35 | 55.56% | ₹280 | +₹1,60,000 | |
| ₹135 | +₹35 | 75.00% | ₹315 | +₹2,16,000 | |
| ₹100 | +₹49 | 55.56% | ₹280 | +₹1,60,000 | |
| ₹51 | — | 28.33% | ₹231 | +₹81,600 |
Est. listing = upper price band (₹180) + GMP. Est. gain = GMP × 1,600 shares (2 lots, the minimum application).
Lakshya Powertech IPO subscription status
| QIB | 215.46x |
|---|---|
| Retail | 590.08x |
| Total | 575.79x |
Reading the Lakshya Powertech IPO GMP
The grey market premium is the price above the issue price at which Lakshya Powertech IPO shares are informally traded before listing. A GMP of ₹170 on an upper band of ₹180 suggests the shares could open around ₹350, 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.
Lakshya Powertech IPO GMP: FAQs
- What is Lakshya Powertech IPO GMP today?
- The latest grey market premium (GMP) for the Lakshya Powertech IPO is ₹170 as of 23 October 2024, which is 94.44% over the upper price band of ₹180.
- What is the expected listing price of Lakshya Powertech IPO?
- Based on the current GMP, the estimated listing price of Lakshya Powertech IPO is ₹350 per share (₹180 issue price + ₹170 GMP). This is an estimate from unofficial grey market trades, not a guaranteed listing price.
- What is the lot size and minimum investment for Lakshya Powertech IPO?
- The lot size is 800 shares. The minimum application is 2 lots (1,600 shares), which costs ₹2,88,000 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.