ACME Solar Holdings IPO: ACME Solar IPO Opens for subscription on Wednesday, November 6. is decreasing gray market premium This indicates weak interest of investors towards public issues.
ACME Solar Holdings IPO: GMP or gray market premium Which stood for ACME Solar IPO It was 30 on Friday and reduced to zero on Monday. This shows that shares of ACME Solar Holdings that were previously available in the gray market 30 premium on the upper band of the issue price, although now available without any premium and at the issue price only.
with upper price band 289, the current gray market premium also indicates that the public issue at which it was previously estimated to be listed 319, 10.38 per cent higher than the issue price, according to Investorgain.com, although it is now expected to see a flat listing
Gray market premium is an investor’s willingness to pay more for a public issue.
Subscription for the initial public offering (IPO) of ACME Solar Holdings will open on November 6, 2024 and end on November 8, 2024. The allotment for ACME Solar Holdings IPO is expected to be finalized on Monday, November 11, 2024. , The proposed listing date for the initial public offering (IPO) of ACME Solar Holdings has been set for Wednesday, November 13, 2024 on BSE and NSE.
ACME Solar Holdings IPO size: ACME Solar Holdings’ IPO is a book-building offering 2,900.00 crores. The offer includes a proposal to sell shares worth Rs 1.75 crore. New issue of Rs 505.00 crore and 8.29 crore shares 2,395.00 crores.
ACME Solar Holdings IPO Registrar and Lead Manager-
The book running lead managers of ACME Solar Holdings IPO are Nuvama Wealth Management Ltd, ICICI Securities Ltd, JM Financial Ltd, Kotak Mahindra Capital Company Ltd and Motilal Oswal Investment Advisors Ltd. The registrar to the issue is Kfin Technologies Limited.
