Brainbees Solutions Limited (FirstCry) IPO And Its GMP IPO GMP (Grey Market Premium)
“Grey Market Premium” or GMP is defined as the rate at which the IPO's shares are traded in the market before they are officially listed on the stock exchange.
The Brainbees Solutions Limited (FirstCry) IPO And Its GMP IPO GMP is currently trading at ₹90.019, reflecting the sentiment of unofficial investors before the official listing. This premium suggests a potential listing price of ₹555.02, which is 19.36% above the issue price. While the Grey Market Premium is a key indicator of demand and investor appetite, it is important to remember that GMP is highly volatile and should not be the sole factor in your investment decisions.
IPO Estimated Listing Return
Based on the IPO Price of ₹465 (highest price band), the latest uploaded Grey Market Premium (GMP) of ₹90.019 and a lot size of 32 shares.
Brainbees Solutions Limited (FirstCry) IPO And Its GMP IPO GMP TREND (DAILY UPDATES)
| GMP Date | IPO Price | Est. Listing Price | GMP | Last Updated |
|---|---|---|---|---|
| 2024-08-12 | ₹465 | ₹555.02+19.36% | ₹90.0 (19%) | 2024-08-12 |
Competitive Strengths
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Brainbees Solutions Limited (FirstCry) IPO And Its GMP IPO Timeline
| IPO Open Date | Tuesday, August 6, 2024 |
| IPO Close Date | Thursday, August 8, 2024 |
| Basis of Allotment | Friday, August 9, 2024 |
| Initiation of Refunds | Monday, August 12, 2024 |
| Credit of Shares to Demat | Monday, August 12, 2024 |
| Listing Date | Tuesday, August 13, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 8, 2024 |
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Retail (Min) | 1 | 32 | ₹ 14,880 |
| Retail (Max) | 13 | 416 | ₹ 1,93,440 |
| S-HNI (Min) | 14 | 448 | ₹ 2,08,320 |
| S-HNI (Max) | 67 | 2,144 | ₹ 9,96,960 |
| B-HNI (Min) | 68 | 2,176 | ₹ 10,11,840 |