Stay updated with the latest Grey Market Premium (GMP) for Brainbees Solutions (FirstCry) IPO. Explore real-time GMP updates, price trends, and essential IPO details to make informed investment decisions.
Grey Market Premium (GMP) for FirstCry IPO
| Date | GMP (₹) | Kostak Rate (₹) | Subject to Sauda (₹) |
|---|---|---|---|
| August 2 | 104 | 500 | 3,500 |
| August 1 | 102 | 450 | 3,300 |
| July 31 | 100 | 400 | 3,200 |
| July 30 | 98 | 400 | 3,100 |
| July 29 | 95 | 350 | 3,000 |
FirstCry IPO Details
- IPO Opening Date: August 6, 2024
- IPO Closing Date: August 8, 2024
- Face Value: ₹2 per equity share
- Price Band: ₹450 – ₹465 per equity share
- Market Lot: 32 shares
- Minimum Order Quantity: 32 shares
- Listing Date: August 13, 2024
FirstCry IPO FAQs
1. What is the Grey Market Premium (GMP) for the FirstCry IPO today?
As of today, the GMP for the FirstCry IPO is ₹104. The GMP is subject to change and can vary daily.
2. What is the Kostak rate for the FirstCry IPO?
The current Kostak rate for the FirstCry IPO is ₹500. Kostak rate refers to the premium at which IPO applications are traded in the grey market before the allotment.
3. What is the ‘Subject to Sauda’ price for the FirstCry IPO?
The ‘Subject to Sauda’ price is ₹3,500. This is the amount an investor receives when they sell their IPO application to someone else if they get an allotment.
4. How is the estimated listing price for the FirstCry IPO calculated?
The estimated listing price is calculated by adding the current GMP to the IPO’s cap price. For FirstCry, it is ₹569 (₹465 cap price + ₹104 GMP).
5. How can I apply for the FirstCry IPO?
You can apply for the FirstCry IPO through the ASBA facility available in your net banking account or by submitting a physical application form through your broker.
6. When will the allotment for the FirstCry IPO be finalized?
The allotment of shares for the FirstCry IPO will be finalized on August 9, 2024.
7. What is the expected return on investment for the FirstCry IPO?
Based on the current GMP, the expected return per share is approximately 22.37%.
8. Where will FirstCry shares be listed?
FirstCry shares will be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on August 13, 2024.
Understanding Grey Market Premium (GMP)
The Grey Market Premium (GMP) is an unofficial market for trading IPO shares before they are listed on the stock exchange. It reflects the demand and supply for the IPO shares in the grey market and can indicate the potential listing gains or losses. However, GMP is not an official metric and should be considered along with other factors when making investment decisions.
Disclaimer
The information provided here is for informational purposes only and does not constitute investment advice. Please consult with a financial advisor before making investment decisions.
