MediumNeutral
Announced Mon, 29 Jun · 12:13 IST

IPO GMPs: Advit Jewels IPO, CSM Technologies IPO to Knack Packaging IPO; here's what GMP hints

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

India's primary market remained active with multiple IPOs in various stages. Turtlemint Fintech Solutions debuted at around Rs 134.90 on NSE, an 11.25 percent discount to issue price, signalling a subdued listing. Advit Jewels IPO saw robust demand with 212.63 times subscription and a grey market premium of Rs 49, hinting at an estimated 35.51 percent listing gain over the Rs 138 issue price. Waterways Leisure Tourism IPO carried a negative GMP of Rs 46, pointing to a possible 5.69 percent discount listing, while CSM Technologies IPO was subscribed 83 percent on day three with a modest Rs 4 GMP suggesting a 3.54 percent premium listing.