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IPOs and Their GMP: A Look at Current and Upcoming Offerings

Estimated reading time: 2 minutes

In the world of investments, Initial Public Offerings (IPOs) have always been a point of interest for investors. They offer a unique opportunity to become part of a company’s journey from private to public ownership. One crucial aspect that investors often consider when dealing with IPOs is the Grey Market Premium (GMP). In this article, we’ll take a closer look at the GMP of current and upcoming IPOs.

IRM Energy IPO: A Promising Start

Price: 505 INR

IPO GMP: 65-13%

The IRM Energy IPO has garnered significant attention in the market. With a price set at 505 INR, it is already showing positive signs with a GMP range of 65 to 13%. This indicates a strong demand in the grey market, suggesting that investors have high expectations for the company’s public debut.

Blue Jet Healthcare IPO: Awaiting Pricing Details

Price: To Be Announced (TBA)

IPO GMP: 0-0%

Blue Jet Healthcare, with pricing details yet to be revealed, has a GMP of 0-0%. This means the grey market is currently neutral about the IPO. It’s essential to keep an eye on this one as more information becomes available.

Tata Technologies IPO: A Strong Start

Price: To Be Announced (TBA)

IPO GMP: 255 INR

Tata Technologies is creating a buzz in the market with its GMP of 255 INR, even though the IPO price is yet to be announced. This indicates a strong premium, showing that investors have high hopes for this upcoming offering.

Factors to Consider

When assessing an IPO and its GMP, investors need to consider various factors. These include the company’s financial health, industry trends, and overall market sentiment. It’s also important to keep in mind that GMP is not always a definitive indicator of the IPO’s success, as it can change rapidly.

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