Hamps Bio IPO Receives 195.9x Subscription On Day 2; Check GMP Today

Hamps Bio IPO Receives 195.9x Subscription On Day 2; Check GMP Today

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Hamps Bio IPO GMP: Unlisted shares of Hamps Bio Ltd are currently trading at Rs 91 apiece in the grey market, which is 78.43 per cent higher than the issue price of Rs 51, signalling a strong listing on December 20.

Hamps Bio IPO.

Hamps Bio IPO: The initial public offering of Hamps Bio Ltd, which was opened on Friday, witnessed the second day of bidding on Monday and received a whopping 195.9 times subscription. On the second day of bidding on Monday, the Rs 6.22-crore BSE SME IPO received a 195.9 times subscription garnering bids for 22,68,54,000 shares as against the 11,58,001 shares on offer.

Its price has been fixed at Rs 51 apiece. The IPO will be closed on Tuesday, December 17. Its allotment is likely to be finalised on December 18, while its listing is scheduled to take place the BSE SME on December 20.

So far, the retail category has received a 341.61 times subscription, while the non-institutional category (NII) got a 50.12 times subscription.

Hamps Bio IPO GMP Today

According to market observers, unlisted shares of Hamps Bio Ltd are currently trading at Rs 91 apiece in the grey market, which is Rs 40 or 78.43 per cent higher than the issue price of Rs 51. The 78.43 per cent GMP suggests a strong listing for the IPO.

Hamps Bio IPO: More Details

The offering consists entirely of a fresh issue of 12.20 lakh equity shares. The IPO subscription window opens on December 13, 2024, and will close on December 17, 2024.

Post-subscription, the basis of allotment is likely to be finalised on December 18, 2024 (Wednesday). The shares are expected to be listed on the BSE SME platform on December 20, 2024 (Friday).

Pricing and Lot Size

Issue Price: ₹51 per share

Minimum Lot Size: 2,000 shares

Minimum Investment for Retail Investors: ₹1,02,000

Minimum Investment for

HNI

s: 2 lots (4,000 shares) amounting to ₹2,04,000

Key Players

Lead Manager: Marwadi Chandarana Intermediaries Brokers Pvt. Ltd.

Registrar: Bigshare Services Pvt Ltd

Market Maker: Pure Broking Private Limited.

News business » ipo Hamps Bio IPO Receives 195.9x Subscription On Day 2; Check GMP Today

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