Indegene IPO GMP Today Price: On Tuesday, Indegene shares traded at a premium of 56.42 percent. The three-day subscription period for the Indegene IPO will end on Wednesday, May 8, 2024. The public issue was subscribed to 1.70 times on the first day of subscriptions.
On May 6, 2024, the public issue garnered 1.56 times as many subscriptions in the retail category and 4.25 times in the NII category, with 0.05 subscriptions in the QIB category.
Indegene IPO GMP Today Price: On Tuesday, shares of the Indegene IPO were trading at a significant premium in the primary markets. The three-day subscription window for the Indegene IPO began on Monday, May 6, 2024, and will end tomorrow, May 8, 2024.
According to many websites that track grey market activity, Indegene IPO shares are trading at a premium of 56.42 percent. This equates into a grey market premium of Rs 255 above the IPO price.
Indegene IPO Subscription Status
Indegene’s initial public offering was subscribed 1.70 times on the first day of subscription. On May 6, 2024, the public issue garnered 1.56 times as many subscriptions in the retail category and 4.25 times in the NII category, with 0.05 subscriptions in the QIB category.
Indegene plans to collect Rs 1,841.76 crore through an initial public offering. Indegene’s public offering includes a fresh issue of 16,814,159 equity shares worth up to Rs 760 crore and an offer to sell 23,932,732 shares worth Rs 1,081.76 crore.
According to the paperwork presented to the markets, investors can bid for a minimum of 33 shares of Indegene’s public offering, as well as multiples thereof, according to the business. The lowest possible investment for ordinary investors is Rs 14,916.
Indegene IPO Price Band
Indegene’s initial public offering is priced between Rs 430 and Rs 452 per share.
Indegene IPO Lot Size
The company has set the lot size for the public offering at 33 shares.
Indegene IPO Allotment Date
The basis for allotment of Indegene shares is scheduled for Thursday, May 9, 2024, with the company’s shares expected to be credited to the demat account by Friday, May 10, 2024.
Indegene IPO Listing Date
Indegene’s shares will launch on the NSE and BSE on Monday, May 13, 2024.
Indegene IPO Registrar Details
The registrar for the Indegene IPO is Link Intime India Private Ltd, and the book running lead managers are Kotak Mahindra Capital Company Limited, JP Morgan India Private Limited, and Nomura Financial Advisory And Securities (India) Pvt Ltd, Citigroup Global Markets India Private Limited.
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