Ami Organics IPO GMP Today, Ami Organics IPO Grey Market Premium Updates | Ami Organics IPO Listing Gain, Latest target, Opening gain
Ami Organics Ltd initial public offer (IPO) is set to open for subscription on September 01 and close on September 03, after it received capital market regulator Sebi’s go-ahead to raise Rs 569.64 crore through public issue.
Ami Organics Limited is one of the leading research and development driven manufacturers of specialty chemicals. The company manufactures different types of Advanced Pharmaceutical Intermediates and Active Pharmaceutical ingredients (API) for New Chemical Entities, and material for agrochemicals and fine chemicals.
Check out Ami Organics IPO grey market premium, Kostak rates, and subject to sauda rates as of today.
Ami Organics IPO Details:
Issuer | Ami Organics Limited | |
Issue Type | Book Built Issue IPO | |
Issue Period | Issue Opens: Sep 1, 2021 | |
Issue Closes: Sep 3, 2021 | ||
Price Brand | ₹603 to ₹610 Per Share | |
Issue Size | ₹569.64 Cr | |
Face Value | Rs.10 per Equity Share | |
Market Lot | 24 Shares | |
Maximum Bid amount for Retail | Rs. 2 Lakhs | |
QIB | 50% of the issue size | |
NIB | 15% of the issue size | |
Retail Individual Bidders | 35% of the issue size | |
Fresh Issue | ₹ 200 Cr | |
Offer for Sale | ₹ 369.64 Cr | |
Listing at | NSE & BSE | |
Apply With | Upstox Free DEMAT Account | |
Equity | 18,532,216 Shares | |
Grey Market Price | Ami Organics IPO GMP Today |
UPCOMING IPO 2021 | UPCOMING DIVIDEND |
UPCOMING BUYBACK | UPCOMING NCD 2021 |
Best Stocks to buy | Latest IPO Grey Market Premium |
PARENT COMPANY FOR SHAREHOLDER QUOTA
IPO ALLOTMENT TIPS & TRICKS
Ami Organics IPO Review
Ami Organics IPO GMP Rates day by day
Ami Organics IPO Grey market premium as on today
Date | GMP (in INR) | Kostak (in INR) | Subject to Sauda |
HNI COST | 145 | ||
14 SEP 2021 | |||
13 SEP 2021 | 150 | ||
12 SEP 2021 | 150 | ||
11 SEP 2021 | 150 | ||
10 SEP 2021 | 150 | ||
09 SEP 2021 | 150 | ||
08 SEP 2021 | 165 | 275 | 3200 |
07 SEP 2021 | 165 | 275 | 3200 |
06 SEP 2021 | 155 | 250 | 3000 |
05 SEP 2021 | 150 | ||
04 SEP 2021 | 125 | 200 | 1500 |
03 SEP 2021 | 105 | 200 | 2000 |
02 SEP 2021 | 105 | ||
01 SEP 2021 | 150 | 250 | 2300 |
31 AUG 2021 | 126 | 250 | 2300 |
30 AUG 2021 | 60 | ||
29 AUG 2021 | 55 | ||
28 AUG 2021 | 58 | ||
27 AUG 2021 | 65 | 3600 | 350 |
How to Apply for Ami Organics IPO :
If you’re a new investor Open DEMAT Account for free with Angel Broking and build wealth with the best stock choices. Join 1 million+ family of happy customers.
In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.
Ami Organics IPO Market Lot:
Lot Size: | Minimum 24 Shares & Maximum 312 Shares |
Minimum Amount: | ₹14640 |
Maximum Amount: | ₹190320 |
Ami Organics IPO Allotment & Listing:
Basis of Allotment: | SEP 08, 2021 |
Refunds: | SEP 09, 2021 |
Credit to Demat Account: | SEP 13, 2021 |
Listing Date: | SEP 14, 2021 |
Check:- Ami Organics IPO Allotment Status
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 Grey 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.
– This is only coverage of News related to Grey Market . We don’t deal in Grey market premium, nor we recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
IPO GMP rates are provided as sourced from market intelligence. Please note these IPO GMP rates may be different depending on geographies and markets.
We don’t trade into grey market nor do we facilitate buying or selling of IPO forms.
What is Grey Market?
Grey Market is the term used to describe unregulated over-the-counter market for trading IPO applications and IPO shares before the stock is listed at a stock market. This is a way for dealers to support their customers who may want to exit before listing.
This is also a way to boost the listing price and support the issue before listing happens. There are two kinds of transactions that happen in thee IPO grey market:
- Trade of IPO shares at a grey market premium
- Trade of IPO application at a kostak.
What is Grey Market Premium?
GMP or Grey Market Premium is the premium at which equity shares from the IPO are being traded in the grey market.
This could either be a positive or negative – meaning the trading price in the grey market is either higher or lower than issue price respectively, based on demand and supply for the shares.
Typically, investors who do not want to take the risk of allocation not happening through IPO will buy shares in the gray market and hope to flip the shares on listing to make a good profit.
What is Kostak?
Kostak is the premium at which IPO application is being traded in the grey market. Applications are typically traded after the application window is closed but the allotment has not yet been finished.
It is rare for someone to trade IPO application post-allocation. This is a way for investors to increase their chance of shares being allotted as the allocation process treats each retail application equally. An example (indicative) for kostak is:
Example:
Ami Organics Limited
Issue Price: Rs 306 Per Equity Share (Maximum Bid price)
Lot Size: 45
Grey Market Premium: Rs 220 to Rs 230
Kostak (Rs 13770): Rs 680 to Rs 720
This means Ami Organics applications of Rs 14400 are being traded in IPO Grey Market at Rs 695 to Rs 720.
Despite the fact that this IPO’s Grey Market Premium is roughly 75% of the issue price, the ‘Kostak’ is just 5% of the application value.
As can be seen the Kostak is at a much lower %age than GMP. This indicates that the grey market expects the issue to be oversubscribed and expects on an average only one lot to be allocated per application.
Kostak rate is the amount an investor gets by selling his/her IPO application in grey market. This is the amount an investor stands to gain, irrespective of allotment status.
Subject to Sauda simply reflects the amount which an investor stands to get by selling his/her application for firm allotment. The key operative word here is firm allotment. In case of no allotment to the applicant, the sauda stands cancelled.
In case of ‘Subject to Sauda’ deal, while selling IPO application in the grey market, buyer and seller agree that deal is only valid if the seller will get the allotment. If the seller doesn’t get any shares in IPO process, the deal gets avoid.