IPOs Today LIVE: Sai, Amir Chand, Powerica, to CMPDI IPO open today. GMP, subscription status, price band. Apply or not?

The primary market is witnessing a busy week with multiple IPOs opening simultaneously, including Amir Chand Jagdish Kumar (Exports) Ltd, Powerica Ltd, and Sai Parenteral's Ltd, along with the ongoing Central Mine Planning and Design Institute Ltd (CMPDI) issue.

The Amir Chand IPO, a ₹440 crore fresh issue, opened on March 24 and will close on March 27, reflecting moderate investor interest amid muted grey market signals. Sai Parenteral’s IPO, also open during the same period, is a pharma offering with a price band of ₹372– ₹392 per share.

Powerica IPO has also opened for subscription with limited grey market traction. Meanwhile, CMPDI IPO, which opened on March 20 and closes on March 24, has seen steady interest, supported by its strong parentage and sector positioning.

Overall, the clustered IPO activity reflects active primary market participation, though sentiment remains cautious.

IPO GMPs

Market sentiment in the grey market remains largely subdued. Amir Chand Jagdish Kumar IPO is commanding a modest GMP of around ₹6, indicating a mild listing premium of about 3%. Powerica’s GMP has weakened sharply to near zero (earlier ₹6– ₹7 range), reflecting soft investor appetite, while Sai Parenteral’s IPO is also trading at a flat GMP of ₹0, signaling muted expectations. Meanwhile, CMPDI IPO is quoting at just around Re 1 premium (~0.6%), indicating limited listing gains.

Dhanya Nagasundaram

Dhanya Nagasundaram works as a Content Producer at LiveMint, specializing in news related to financial markets, stocks, and business. With over eight years of experience in journalism and content creation, she has honed her skills in data-driven reporting and market analysis. Her focus is on monitoring stock trends, initial public offerings (IPOs), corporate news, policy shifts, and larger economic trends that affect investors and market players. At LiveMint, Dhanya consistently writes and produces articles that make complex financial topics accessible to readers. She keeps a close eye on equity markets, commodities, and macroeconomic indicators, assisting audiences in comprehending how global and domestic events influence investment perspectives. Her stories frequently underscore emerging trends within sectors, the IPO market, company earnings results, and market strategies pertinent to both retail and institutional investors. Before her tenure at LiveMint, Dhanya accumulated a wealth of professional experience at various companies, including MintGenie, Informist, Cogenics, Chary Publications, KPMG, and the Royal Bank of Scotland. These positions allowed her to establish a solid foundation in financial research, reporting, and content creation. Throughout her career, she has explored numerous subjects such as trading strategies, commodities, IPOs, wealth generation, corporate profits, and macroeconomic indicators. Her background in both financial journalism and corporate settings has given her the ability to tackle stories with analytical rigor while ensuring clarity for her audience. Through her contributions, Dhanya strives to deliver insightful, trustworthy, and investor-centric financial content.