Effwa Infra IPO opened for subscription on June 5 and it has already acquired traction. And the best part is that Effwa Infra GMP today is gaining.
Check Effwa Infra IPO subscription and GMP today. (Getty)
The major stock markets across the world are on a rock-steady climb to all-time highs, and the primary markets are doing their utmost to keep pace. And the same is seen with the Effwa Infra & Research IPO. Effwa Infra IPO subscription is doing well and is expected to finish on a very big high on the last day. However, investors should do their due diligence exercise before buying into any IPOs. In fact, market watchdog Sebi wants everyone to exercise caution as the trend of gains is extremely high and the risk is rising. Those bidders still interested in the IPO space should now check out the Effwa Infra IPO GMP today.
Effwa Infra & Research IPO GMP today
Effwa Infra IPO GMP today has jumped to a massive Rs 95 today, July 8, 2024. Effwa Infra GMP was Rs 85 on July 5, according to InvestorGain! It was Rs 60 on July 4. Therefore with a price band of Rs 82 Effwa Infra IPO listing price may well be estimated at Rs 177 and the gain would amount to 115.85%. These are not official but only notional gains as there is no official sanction for GMP or Grey Market Premium.
Effwa Infra IPO subscription date
Effwa Infra & Research IPO subscription date was July 5 and the last date is July 9. It has already been oversubscribed by over 9 times. Those who want to bid for its shares should know that the company is in the business of hazardous waste management, sewage and industrial effluent treatment, controlling water pollution, water treatment plants, solid waste treatment.
Effwa Infra & Research IPO size
Effwa Infra & Research IPO size is just Rs 51.27 crore and the price band has been fixed at Rs 78 to Rs 82.
Effwa Infra & Research IPO allotment date
The Effwa Infra & Research IPO allotment date is June 10 and that is when investors should check whether they got lucky or failed to get any shares.
Effwa Infra & Research IPO listing date
Effwa Infra IPO listing date is July 15 and that is the actual date when investors will know exactly how much profit or gain they have actually derived, rather than checking the fictional gains available in the grey market.
Effwa Infra & Research IPO lot size
Those who want to bid for the issue should know that Effwa Infra & Research IPO lot is 1600 Shares.
(Disclaimer: This article is only meant to provide information. News9live.com does not recommend buying or selling shares or subscriptions of any IPO and Mutual Funds.)
