These 3 IPOs will fill the pockets of investors! There is chaos in the gray market

New Delhi. There has been a lot of activity in the Indian IPO market for a long time. In the coming week also 8 IPOs will hit the market. Apart from this, investors will also get the opportunity to invest money in some IPOs that have opened. Talking about listing, 8 companies will make their debut in the stock markets between March 11-15. The companies to be listed include companies from both mainboard and SME segments. Today we will tell you about three such IPOs whose unlisted shares are making waves in the gray market. That means shares are trading at 100 percent premium (GMP).

Investors should always remember that it is not necessary that the shares of the IPO whose shares are trading at a premium in the gray market, will also be listed at a premium in the stock market. The opposite may happen. That is, shares can be listed in the stock market even at a discount and those who invest money in IPO can also suffer loss instead of profit on the day of listing.

Also read- Dividend 20 times in 16 years, 980% return, 7 brokerages are advising to buy this share of Adani Group.

You can get profit from the first IPO
Pratham EPC Projects IPO will open tomorrow i.e. 11th March. This is an SME IPO and the company wants to raise Rs 36 crore through this issue. Investors can invest money in this IPO till 13 March. The price band of the issue shares has been kept at Rs 71-75 per share. The lot size for bidding is 1600 shares. The listing of shares will take place on NSE SME on March 18. In the gray market, shares of Pratham EPC IPO are trading at 100 percent premium i.e. Rs 75 (Pratham EPC IPO GMP).

Kaura Fine Diamond IPO
The company wants to raise Rs 5.50 crore through Koura Fine Diamond Jewelry IPO. This IPO was opened on March 6 and will close tomorrow i.e. March 11. This issue has been subscribed 116.43 times so far. The price band for the IPO is Rs 55 per share and the lot size is 2000 shares. In the gray market, shares of Koura Fine Diamond IPO are trading at a premium of 118 percent i.e. Rs 65 (Koura Fine Diamond IPO GMP).

Shree Karni Famcom IPO
Shree Karni Fabcom IPO also opened on March 6 and will close on March 11. That means you have only one day left to invest money in this IPO. So far this issue has been subscribed 51.45 times. The company wants to raise Rs 42.49 from this IPO. The price band of the issue is Rs 220-227 per share. One lot size is 600 shares. Shree Karni Fabcom IPO shares are trading in the gray market at a premium of 143 percent i.e. Rs 325 (Shree Karni Fabcom IPO GMP).

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