Shiprocket IPO’s newest GMP alerts a possible 38.14% itemizing acquire, forward of Behari Lal Engineering’s implied 28.77% premium, as each IPOs closed for subscription on Aug. 14.
Behari Lal Engineering, which launched its Rs 301.62-crore IPO on Aug. 12, has been oversubscribed 100 occasions. Related curiosity was seen in Shiprocket, which was additionally subscribed near 100 occasions on the ultimate day of bidding on Aug. 14.
Shiprocket and Behari Lal Engineering opened for subscription on Aug. 12.
Here’s a detailed have a look at the newest GMP and key IPO particulars for every challenge.
Shiprocket IPO GMP Right now
Shiprocket IPO’s gray market premium was at Rs 37 as of 5:30 p.m. on Aug. 14. The IPO has set its higher worth band at Rs 97 a share, taking the implied itemizing worth to Rs 134 when the newest GMP is added. The calculation factors to a 38.14% itemizing upside from the higher challenge worth.
Shiprocket IPO Newest Subscription Standing
The Shiprocket IPO was subscribed nearly 100 times on the ultimate day of bidding on Friday, Aug. 14
Shiprocket IPO Particulars
The IPO of Shiprocket is a e book construct challenge of Rs 1,617.48 crores. The difficulty contains a contemporary challenge of 9.13 crore shares aggregating to Rs 885.50 crores and a suggestion on the market of seven.55 crore shares aggregating to Rs 731.98 crores.
The difficulty worth band was set at Rs 92–Rs 97 per share. Every software lot consists of 154 shares, requiring retail traders to bid a minimal quantity of Rs 14,938 (primarily based on the higher worth band). Axis Capital Ltd. is the book-running lead supervisor and Kfin Applied sciences Ltd. is the registrar of the difficulty.
The allotment for the Shiprocket IPO is predicted to be finalised on Aug 17, 2026. Shiprocket IPO will checklist on NSE and BSE with a tentative itemizing date fastened as Aug 19, 2026.
Behari Lal Engineering IPO GMP Right now
Behari Lal Engineering IPO’s gray market premium stood at Rs 82 as of 5:30 p.m. on Aug. 14. Including the Rs 82 GMP to the higher worth band of Rs 285, it signifies an implied itemizing worth of Rs 367 apiece. This suggests a possible itemizing acquire of 28.77% over the higher challenge worth.
Behari Lal Engineering IPO Newest Subscription Standing
The IPO of Behari Lal Engineering was subscribed over 100 times on the ultimate day of bidding on Friday, Aug. 14.
Behari Lal Engineering IPO Particulars
Behari Lal Engineering IPO is a book-build challenge of Rs 301.62 crore. The difficulty contains a contemporary challenge of 0.33 crore shares aggregating to Rs 93 crore and an OFS part of Rs 208.62 crore.
The difficulty worth band was set at Rs 271 to Rs 285 per share. The lot measurement for an software is 52 shares, requiring a person investor (retail) a minimal funding of Rs 14,820.
Emkay World Monetary Providers Ltd. is the book-running lead supervisor and MUFG Intime India Pvt. Ltd. is the registrar of the difficulty.
The share allotment course of is predicted to be finalised on Aug. 17, with tentative itemizing on the BSE and NSE on Aug. 19.
Shiprocket vs Behari Lal Engineering IPO GMP: Which Is Higher?
Based mostly purely on gray market exercise, Shiprocket at the moment signifies the upper implied itemizing acquire at 38.14%, in contrast with 28.77% for Behari Lal Engineering.
Word: GMP doesn’t characterize official information and is predicated on hypothesis.
Disclaimer: Investments in preliminary public choices are topic to market dangers. Please seek the advice of with monetary advisors and skim the pink herring prospectus totally earlier than inserting bids.
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