Pranik Logistics IPO GMP trend is as follows: On 17 October 2024, the IPO price was ₹77, with a GMP of ₹4.00 (5.19%). The estimated listing price was ₹81.00.
Pranik Logistics IPO GMP trend is as follows: The minimum GMP is ₹4, maximum GMP is ₹16.
**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Estimated Listing Price | Last Updated |
|---|---|---|---|---|---|
| 17 Oct 24 | ₹77 | ₹4 (5.19%) | 4900 | ₹81 | 2024-10-17 09:31:00 AM |
| 16 Oct 24 | ₹77 | ₹12 (15.58%) | 14600 | ₹89 | 2024-10-16 09:31:00 AM |
| 15 Oct 24 | ₹77 | ₹16 (20.78%) | 19500 | ₹93 | 2024-10-15 08:23:00 AM |
| 14 Oct 24 | ₹77 | ₹0 | -- | ₹77 | 2024-10-14 08:30:00 AM |
| 07 Oct 24 | ₹77 | ₹0 | -- | ₹77 | 2024-10-07 11:54:00 AM |
The grey market premium (GMP) is the price at which an IPO is traded unofficially before it is listed. This premium provides an indication of how the market might react to a particular company's IPO on its first day of trading. A positive GMP suggests the IPO is likely to debut at a gain, while a negative GMP indicates it could open at a discount.
It is important to remember that the IPO GMP is highly volatile, so relying solely on the Pranik Logistics IPO GMP for an investment decision is risky. Therefore, before investing in the Pranik Logistics IPO, you should take all factors into account to make a well-informed decision.
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