Tuesday, March 21, 2017

D-Mart Debuts Superbly - Closes 114% to Rs.641

The day start with a positive node and its for D-Mart - Avenue Supermarts investors who got the shares in the IPO. The bumper listing was on the cards as grey market premium was on a higher side and it was expected to list around Rs.550-560. Even IPOWatch team suggested in their news. (Read Here) The Avenue Supermarts is in the records as of now with 100% listing gain on the opening day.

The investors who got the shares had the chance to book the profit by selling half of the shares and they doubled the amount. The profit was not around 100% but it was still on. The stock hit the high of Rs.650 on BSE and Rs.648.90 on NSE.

D-mart was subscribed over 144 times in QIB while 277 times in HNI. Retail investors gave their all the bucks for the subscription and it was subscribed over 7 times. Market analyst were on high as grey market reached to Rs.250-260 against issue price of Rs.299. The kostak rate was around Rs.2500-2600 in last few days.

Last few days are superb for investors in primary and secondary market. After BJP won in UP it was on the cards. Market reacted very well on positive side and now D-mart gave a superb listing gain. This is the time for retail investors to move in to primary market and subscribe to upcoming ipos like NSE, CDSL, Shankara Buildpro and more. They will surely give a superb listing gain to investors. Happy Investing.

We heartly congratulate our visitors and all the retail investors who got over 100% listing gain in D-Mart IPO. Keep visiting and keep investing.

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