IPO GMP Today: How Much Ivalue Infosolutions IPO Has Been Subscribed So Far? Should You Bid?

IPO GMP Today: Ivalue Infosolutions' Initial Public Offering (IPO) is receiving lukewarm interest from investors. However, the share of retail investors'' subscription remained higher on day 2. The IPO's GMP Today (grey market premium) remained unchanged.

For investors who are looking to subscribe to the Ivalue Infosolutions IPO, here are all the details you need to know.

Ivalue Infosolutions IPO GMP Today

The latest IPO GMP of Ivalue Infosolutions stood at Rs 15, according to investorgain.com at 6 am on Friday. Ivalue Infosolutions IPO GMP showcased a volatile trajectory, as it surged significantly from Rs 0 to Rs 20 on September 16. Later, the IPO GMP fell to Rs 15 on September 17.

AS per Ivalue Infosolutions IPO GMP today, the issue is likely to be listed at a price of Rs 314 (which is the sum of the cap price and the latest IPO GMP Today). As per the investorgain.com website, the listing is expected to be made at a gain/loss per share of 5.02%.

Ivalue Infosolutions Subscription Status Live Updates

The IPO received lukewarm interest from investors on day 1. The issue was subscribed to around 0.28 times by the end of day 1. The subscription included 0.46 times in the retail category, and 0.23 times in the NII category, however, there was no participation from the QIB (ex-anchor) category on day 1.

Ivalue Infosolutions IPO: Upper Price Band, Lot Size, Other Details

Ivalue IPO subscription opened for subscription on Thursday, September 18 and will close for subscription on Monday next week, ie September 22. Ivalue Infosolutions allotment is expected to be finalised on September 23 and the listing is likely to be held on September 25.

Ivalue Infosolutions IPO has a book build issue of Rs 560.29 crore. It is an entirely offer for sale issue of 1.87 crore worth Rs 560.29 crore. The issue price band is fixed at Rs 284-Rs 299 per share. The lot size for an application is Rs 50. The minimum amount of investment by a retail investor in the IPO is Rs 14,950.

Analysts at SBI Securities have recommended investors to subscribe the issue for long-temr gain. SBI Securities, in its IPO Note, has highlighted the company's strong OEM partnerships, and its dominant positioning in the IT spending categories.

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