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GSM Foils Limited IPO Subscriptions Status Live Today

 

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GSM Foils Limited IPO

May 24, 2024 - May 28, 2024 Closed
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GSM Foils Limited IPO Details

Issue Open

24 May 2024

Issue Close

28 May 2024

IPO Price

₹32 per equity share

Face Value

₹10 per equity share

IPO Size

₹11.01 Cr.

Listing At

NSE, SME

IPO Lot Size

4000 Shares

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)- Qualified Institutional Buyers (QIBs) are typically large, financially sophisticated investors, such as mutual funds, insurance companies, pension funds, and hedge funds, who are considered to have the expertise and resources to evaluate investment opportunities. QIBs must meet certain financial criteria set by the Securities and Exchange Board of India (SEBI) to participate in an IPO. They are allowed to bid for shares at a price lower than the price at which shares are offered to retail investors.
  • Non-Institutional Investors (NII) - Non-Institutional Investors (NIIs), on the other hand, are typically individual investors, High Net Worth Individuals (HNIs), or corporate bodies who do not meet the financial criteria to be classified as QIBs. They are allowed to participate in an IPO at the same price as retail investors.

NII category has two subcategories:

1.  sNII - "sNII" stands for "Small Non-Institutional Investor." This subcategory includes investors who have bid for shares worth between Rs. 2 lakhs and Rs. 10 lakhs in an IPO.

 

2.  bNII - "bNII" stands for "Big Non-Institutional Investor." This subcategory includes investors who have bid for shares worth more than Rs. 10 lakhs in an IPO.

  • Retail Individual Investors (RII) - Retail Individual Investors (RIIs) are individual investors who apply for shares worth up to Rs. 2 lakhs in an IPO to encourage retail participation in the IPO process.
  • Employee (EMP)- The Employee (EMP) category in an IPO is reserved for the employees, directors, and business associates of the issuer company, and the allocation of shares to this category is determined by the issuer company and the lead manager of the IPO.
  • Others- A category of eligible shareholders or other investors with a reserved IPO quota.

Frequently Asked Question

IPO application is an online process by using UPI or ASBA as a payment method. ASBA IPO application is already available in the net banking of your respective bank account and the UPI application is offered by your Stockbroker, you can invest in quest laboratories private limited using any neatest method at your convenience.
Opening date of GSM Foils Limited IPO is May 24, 2024.
Lot size of the GSM Foils Limited IPO is 4000 shares.
If you do not get the allotment of on GSM Foils Limited IPO, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
The meaning of " GSM Foils Limited IPO GMP " is the Grey Market Premium (GMP) for the initial public offering (IPO) of GSM Foils Limited IPO on the current day.
Post-issue shareholding of the GSM Foils Limited IPO promoter is 73.14%.
GSM Foils Limited IPO share price ₹32 per share.
You can apply for the GSM Foils IPO through the ASBA process via your bank account, or using UPI through stock brokers like Zerodha, Upstox, and Paytm Money. Applications can be made online or through offline forms provided by your stock broker​.
You will receive on GSM Foils Limited IPO shares in your Demat account on May 29, 2024, if allotted.
Closing date of GSM Foils Limited IPO is May 28, 2024.
The promoters of GSM Foils Limited are Mr. Sagar Girish Bhanushali and Mr. Mohansingh L. Parmar​ .
GSM Foils Limited IPO shares will get listed on May 31, 2024.
The face value of GSM Foils Limited IPO is ₹10 per share.
GSM Foils Limited IPO limited share price Shares will be listed at NSE SME.
Pre-issue shareholding of the GSM Foils Limited IPO promoter is 99.99%.
Minimum and maximum order quantity is 1 lot only.
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