KIMS HOSPITAL IPO GMP TODAY (LIVE DATA) Latest Grey Market Premium Updates

KIMS Hospital IPO GMP Today, KIMS IPO Grey Market Premium Updates | KIMS IPO Listing Gain, Latest target, Opening gain

KIMS Hospital initial public offer (IPO) is set to open for subscription on June 16 and close on June 18, after it received capital market regulator Sebi’s go-ahead to raise Rs 2143 crore through public issue.

Krishna Institute of Medical Sciences Limited (KIMS) is one of the largest healthcare groups in AP and Telangana. KIMS provides multi-disciplinary healthcare services with a key focus on primary, secondary, & tertiary care in tier 2-3 cities.

The company offers a comprehensive range of healthcare services including oncology, cardiac sciences, neurosciences, gastric sciences, orthopaedics, renal sciences, organ transplantation, and mother & child care.

Check out KIMS Hospital IPO grey market premium, Kostak rates, and subject to sauda rates as of today.

KIMS Hospital IPO Details:

Issuer Krishna Institute of Medical Sciences Limited (KIMS)
Issue Type Book Built Issue IPO
Issue Period Issue Opens: June 16, 2021
Issue Closes: June 18, 2021
Price Brand ₹ 815 to ₹ 825 Per Share
Issue Size ₹2144 Crores
Face Value Rs. 10 per Equity Share
Market Lot 18 Shares
Maximum Bid amount for Retail Rs. 2 Lakhs
QIB 75% of the issue size
NIB 15% of the issue size
Retail Individual Bidders 10% of the issue size
Fresh Issue ₹ 200 Cr
Offer for Sale ₹ 1943 Cr
Listing at NSE & BSE
Apply With Upstox Free DEMAT Account
Equity 23,560,538 Shares
Grey Market Price KIMS IPO GMP Today

UPCOMING IPO IN JUNE 2021

KIMS Hospital IPO REVIEW

KIMS Hospital Vs DODLA DAIRY

KIMS Hospital Listing

KIMS IPO GMP Rates day by day

KIMS IPO Grey market premium as on today

Date GMP (in INR) Kostak (in INR) Subject to Sauda
27 June 2021      
26 June 2021 120    
25 June 2021 105    
24 June 2021 48    
23 June 2021 52    
22 June 2021 54    
21 June 2021 29    
20 June 2021 22    
19 June 2021 30    
18 June 2021 15    
17 June 2021 70    
16 June 2021 75    
15 June 2021 66    
14 June 2021 50    
13 June 2021 NO TRADES    
12 June 2021 NO TRADES    
11 June 2021 N/A    
10 June 2021 N/A    

How to Apply for KIMS Hospital IPO :

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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.

KIMS Hospital IPO Market Lot:

 Lot Size:  Minimum 18 Shares & Maximum 234 Shares
 Minimum Amount:  ₹14850
 Maximum Amount: ₹193050

KIMS Hospital IPO Allotment & Listing:

 Basis of Allotment: June 23, 2021
 Refunds: June 24, 2021
 Credit to Demat Account: June 25, 2021
 Listing Date: June 28, 2021

Check:- KIMS Hospital 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

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:

Kims Hospitals 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 Kims Hospitals Limited applications of Rs 13770 are being traded in IPO Grey Market at Rs 680 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.

FAQs

What is the Grey Market Premium (GMP) price of KIMS Hospital IPO?

The Grey Market Premium of KIMS Hospital IPO is approx. Rs.1000 at the moment.

What is the Subject to Sauda price for KIMS Hospital IPO?

The Subject to Sauda price for KIMS Hospital IPO is approx. Rs. 00/-

How much will be listing gain in KIMS Hospital IPO?

KIMS Hospital IPO listing gain will be approx. Rs.1000/- (update on a daily basis)

What is kostak price of KIMS Hospital IPO?

The Kostak price of KIMS Hospital IPO is approx. Rs 150/-.

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