Mach Conferences and Events IPO GMP Today
The Mach Conferences and Events IPO GMP is ₹210 (+93.3% over the upper price band of ₹225) as of 6 Sep 2024, giving an estimated listing price of ₹435 per share. On a minimum application of 1,200 shares, that is an estimated gain of ₹2,52,000. GMP has risen by ₹210 since tracking began on 11 Sep.
Last updated
- Issue Price
- ₹225
- GMP
- ₹210
- GMP %
- +93.3%
- Est. listing
- ₹435
- Est. gain / application
- +₹2,52,000
Mach Conferences and Events IPO GMP trend
Tracked for 9 days. High ₹220 on 4 Sep, low ₹0 on 11 Sep.
Mach Conferences and Events IPO GMP day-wise
| Date | GMP | Change | GMP % | Est. listing | Est. gain (1,200 sh) |
|---|---|---|---|---|---|
| (latest) | ₹210 | +₹10 | 93.33% | ₹435 | +₹2,52,000 |
| ₹200 | -₹20 | 88.89% | ₹425 | +₹2,40,000 | |
| ₹220 | +₹20 | 97.78% | ₹445 | +₹2,64,000 | |
| ₹200 | 0 | 88.89% | ₹425 | +₹2,40,000 | |
| ₹200 | 0 | 88.89% | ₹425 | +₹2,40,000 | |
| ₹200 | +₹10 | 88.89% | ₹425 | +₹2,40,000 | |
| ₹190 | +₹90 | 84.44% | ₹415 | +₹2,28,000 | |
| ₹100 | +₹100 | 44.44% | ₹325 | +₹1,20,000 | |
| ₹0 | — | 0.00% | ₹225 | ₹0 |
Est. listing = upper price band (₹225) + GMP. Est. gain = GMP × 1,200 shares (2 lots, the minimum application).
Mach Conferences and Events IPO subscription status
| QIB | 146.66x |
|---|---|
| Retail | 136.49x |
| Total | 196.70x |
Reading the Mach Conferences and Events IPO GMP
The grey market premium is the price above the issue price at which Mach Conferences and Events IPO shares are informally traded before listing. A GMP of ₹210 on an upper band of ₹225 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, 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.
Mach Conferences and Events IPO GMP: FAQs
- What is Mach Conferences and Events IPO GMP today?
- The latest grey market premium (GMP) for the Mach Conferences and Events IPO is ₹210 as of 6 September 2024, which is 93.33% over the upper price band of ₹225.
- What is the expected listing price of Mach Conferences and Events IPO?
- Based on the current GMP, the estimated listing price of Mach Conferences and Events IPO is ₹435 per share (₹225 issue price + ₹210 GMP). This is an estimate from unofficial grey market trades, not a guaranteed listing price.
- What is the lot size and minimum investment for Mach Conferences and Events IPO?
- The lot size is 600 shares. The minimum application is 2 lots (1,200 shares), which costs ₹2,70,000 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.