Friday, September 07, 2018

IRCON IPO Grey Market Premium, IRCON International IPO GMP Today

 Friday, September 07, 2018  
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IRCON International IPO to hit the market on 17 September 2018. The company is a PSU company promoted by The President of India acting through Ministry of Railways. IRCON has been doing well as the financial results. The company posted 398 crore PAT in 2017 which is 10%  increase compare to 2016 which was 362 crore but still when we see the earlier years it was on a higher side. In 2013 the PAT was 805 crore while it was 747 crore in 2014 and 570 crore in 2015 as well. Lets see how IRCON will get the response from the investors. RITES was a good PSU ipo in last few years and performed well.


IRCON IPO grey market premium day by day with kostak rates.
  • Grey market premium as on today is Rs.35-40, Kostak Rs.250 & Subject to Sauda is Rs.1500
  • Grey market premium as on 17-09-2018 is Rs.45-50, Kostak Rs.250 & Subject to Sauda is Rs.1500
  • Grey market premium as on 16-09-2018 is Rs.85-90, Kostak Rs.350 & Subject to Sauda is Rs.2000 
  • Grey market premium as on 15-09-2018 is Rs.85-90, Kostak Rs.350 & Subject to Sauda is Rs.2000 
  • Grey market premium as on 14-09-2018 is Rs.85-90, Kostak Rs.350 & Subject to Sauda is Rs.2000 
  • Grey market premium as on 13-09-2018 is Rs.85-90, Kostak Rs.350 & Subject to Sauda is Rs.2000 
  • Grey market premium as on 12-09-2018 is Rs.85-90, Kostak Rs.350 & Subject to Sauda is Rs.2000 
  • Grey market premium as on 11-09-2018 is Rs.95-100, Kostak Rs.350 & Subject to Sauda is Rs.2000 
  • Grey market premium as on 10-09-2018 is Rs.80-85, Kostak Rs.300 & Subject to Sauda is N/A 
  • Grey market premium as on 09-09-2018 is Rs.40-50, Kostak Rs.300 & Subject to Sauda is N/A 
  • Grey market premium as on 08-09-2018 is Rs.40-50, Kostak Rs.300 & Subject to Sauda is N/A 
  • Grey market premium as on 07-09-2018 is N/A, Kostak N/A & Subject to Sauda is N/A 
  • Grey market premium as on 06-09-2018 is N/A, Kostak N/A & Subject to Sauda is N/A 
  • Grey market premium as on 05-09-2018 is N/A, Kostak N/A & Subject to Sauda is N/A 
 IRCON IPO Dates & Price Band:
  • IPO Open: 17-September-2018
  • IPO Close: 19-September-2018
  • IPO Size: Approx Rs. 470 Crore (Approx)
  • Face Value: Rs.10 Per Equity Share
  • Price Band: Rs. 470 to 475  Per Share
  • Listing on: BSE & NSE
  • Retail Portion: 35%
  • Equity: 99,05,157 Shares
  • Discount: Rs.10 (Retail & Employees)
IRCON IPO Market Lot:
  • Shares: Apply for 30 Shares (Minimum Lot Size)
  • Amount: Rs. 13,950 (For RII & EMP)
  • Amount: Rs. 14,250 (For QIB & HNI)
IRCON IPO Allotment & Listing:
  • Basis of Allotment: 25-September-2018
  • Refunds: 26-September-2018
  • Credit to demat accounts: 26-September-2018
  • Listing: 28-September-2018
Disclaimer:

- IPO Grey Market Premium (IPO GMP) mention is valid for the specific date as mentioned in the header.
- We are not buying and selling IPO forms on IPO Gery Market.
- Kostak Rate is the premium one gets by selling his/her IPO application (in an off market transaction) to someone else even before allotment or listing of the issue.
- Do not subscribe for IPO by just seeing premium Price as it may change anytime before listing. Subscribe only considering Fundamental of the companies

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