Premier Energies IPO GMP Today
The Premier Energies IPO GMP is ₹421 (+93.6% over the upper price band of ₹450) as of 29 Aug 2024, giving an estimated listing price of ₹871 per share. On a minimum application of 33 shares, that is an estimated gain of ₹13,893. GMP has fallen by ₹66 since tracking began on 3 Sep.
Last updated
- Issue Price
- ₹450
- GMP
- ₹421
- GMP %
- +93.6%
- Est. listing
- ₹871
- Est. gain / application
- +₹13,893
Premier Energies IPO GMP trend
Tracked for 9 days. High ₹487 on 3 Sep, low ₹190 on 21 Aug.
Premier Energies IPO GMP day-wise
| Date | GMP | Change | GMP % | Est. listing | Est. gain (33 sh) |
|---|---|---|---|---|---|
| (latest) | ₹421 | +₹25 | 93.56% | ₹871 | +₹13,893 |
| ₹396 | +₹1 | 88.00% | ₹846 | +₹13,068 | |
| ₹395 | +₹205 | 87.78% | ₹845 | +₹13,035 | |
| ₹190 | -₹90 | 42.22% | ₹640 | +₹6,270 | |
| ₹280 | -₹25 | 62.22% | ₹730 | +₹9,240 | |
| ₹305 | -₹25 | 67.78% | ₹755 | +₹10,065 | |
| ₹330 | -₹6 | 73.33% | ₹780 | +₹10,890 | |
| ₹336 | -₹151 | 74.67% | ₹786 | +₹11,088 | |
| ₹487 | — | 108.22% | ₹937 | +₹16,071 |
Est. listing = upper price band (₹450) + GMP. Est. gain = GMP × 33 shares (1 lot, the minimum application).
Premier Energies IPO subscription status
| QIB | 216.67x |
|---|---|
| bNII | 56.61x |
| sNII | 36.90x |
| Retail | 7.69x |
| Total | 74.38x |
Reading the Premier Energies IPO GMP
The grey market premium is the price above the issue price at which Premier Energies IPO shares are informally traded before listing. A GMP of ₹421 on an upper band of ₹450 suggests the shares could open around ₹871, 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.
Premier Energies IPO GMP: FAQs
- What is Premier Energies IPO GMP today?
- The latest grey market premium (GMP) for the Premier Energies IPO is ₹421 as of 29 August 2024, which is 93.56% over the upper price band of ₹450.
- What is the expected listing price of Premier Energies IPO?
- Based on the current GMP, the estimated listing price of Premier Energies IPO is ₹871 per share (₹450 issue price + ₹421 GMP). This is an estimate from unofficial grey market trades, not a guaranteed listing price.
- What is the lot size and minimum investment for Premier Energies IPO?
- The lot size is 33 shares. The minimum application is 1 lot, which costs ₹14,850 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.