IPO News Updates: Pradeep Parivahan’s IPO is about to open. The company’s IPO will open on March 17, 2025. Investors will get a chance to bet on the IPO till March 19.
Pradeep Parivahan’s IPO is about to open. The company’s IPO will open on March 17, 2025. Investors will get a chance to bet on the IPO till March 19. The size of the IPO is Rs 44.86 crore. The company will issue 45.78 lakh shares through the IPO. This IPO is completely based on fresh shares. Let us tell you that the listing of the company’s IPO is proposed in BSE SME.
The price band of this IPO has been fixed at Rs 93 to 98 per share. The company has issued around 1200 shares. Due to which investors will have to bet at least Rs 1,11,600.
The IPO is trading at a premium of zero rupees in the grey market today. Which reflects the current mood of the stock market. If the market situation remains the same, then one should not expect a spectacular listing of the company. But if the market situation changes and the mood of the grey market changes, then this SME IPO can also do wonders.
A maximum of 50 percent of the IPO is reserved for qualified institutional buyers. At the same time, there will be a minimum of 35 percent for retail investors. A minimum of 15 percent will be reserved for NIIs.
Note: The information provided here is for informational purposes only, it is important to mention here that investing in the market is subject to market risks. Therefore, always consult an expert before investing. Tv9 Gujarati never gives investment advice to anyone.
