The share allotment of MaxExposure IPO, which closed on Wednesday garnering an overwhelming response from investors, has been finalized. Now, the shares are going to be listed on SME NSE on Monday, January 22. Looking at the current GMP, the IPO is likely to register a gain of around 220 per cent on the listing day.
maxposer ipo gmp today
According to market observers, unlisted shares of Maxpose Ltd are trading at Rs 105 higher in the gray market than their issue price. The gray market premium or GMP of Rs 105 means the gray market is expecting 218.18 per cent listing profit from the public issue. GMP is based on market sentiments and keeps changing.
The ‘grey market premium’ refers to the willingness of investors to pay more than the issue price.
How to check Maxpose IPO allotment status through Registrar’s website (BigShare Services Pvt. Ltd.):
Maxpose IPO allotment status is also visible on the registrar’s website. Here is the step-by-step guide to check Maxpose IPO application status:
1)Visit the website of BigShare Services Pvt Ltd via URL (https://www.bigshareonline.com/ipo_Allotment.html).
2) From here you have to select one of the three available servers
3) Select the name of the IPO through the dropdown menu. The name will be made public only when the share allotment process is finalized
4) You have to select any one of the three modes: Application Number, Beneficiary ID or PAN ID
5) Enter the details of the mode you selected in step 3
6) Click on search option
Now your allotment status will be visible
maxposer ipo details
The Maxpose IPO, a book-built issue of Rs 20.26 crore, was opened for public subscription between January 15 and January 17. The issue is a fresh issue of entirely 61.4 lakh shares.
The price band of the IPO was fixed at Rs 31 to Rs 33 per share. The minimum lot size for an application was 4,000 shares, and the minimum amount of investment required for retail investors was Rs 1,32,000.
On the last day of bidding on Wednesday, the SME IPO was subscribed 987.47 times, receiving bids for 4,01,70,32,000 shares compared to 4,068,000 shares. The share allotment will take place today, Thursday, and investors will start receiving bank debit messages from the evening.
The Rs 20.26 crore IPO will be listed on NSE SME on January 22.
GYR Capital Advisors Pvt Ltd is the book-running lead manager of the Maxpose IPO, while BigShares Services Pvt Ltd is the registrar to the issue. The market maker for the Maxpose IPO is Giriraj Stock Broking.
The company’s innovative and diverse service portfolio and result-oriented strategies have helped it command industry-wide customer selection across various geographies.
Maxpose Limited is associated with leaders in the aviation and travel industry, including IndiGo, Air India, Gulf Air, Air Arabia, Incredible India, Madhya Pradesh Tourism Board, Ministry of External Affairs, Oberoi Hotels & Resorts, Taj Group of Hotels. Some.
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