The IPO of Deepak Chemtex is receiving an overwhelming response. The IPO of Deepak Chemtex opened for investment from 29th November to 1st December. If you want to earn significant profits through IPO investment, then invest in Deepak Chemtex IPO. On the second day of the IPO opening, Deepak Chemtex IPO was oversubscribed by 80 times. This is my last chance to invest in this IPO as it will close on 1st December, 2023. According to experts reviewing the grey market, shares of Deepak Chemtex are trading at a 40% premium price. It is expected that the shares of Deepak Chemtex may be listed at a price of Rs. 112. The company had set the price range for its shares in the IPO at Rs. 76-80. Currently, in the grey market, the shares are trading at a premium price of Rs. 32. If the shares of the company are allotted at the upper price band of Rs. 80, then they may be listed at a price of Rs. 112. Investors can potentially earn a 40% profit on the first day of stock listing. Deepak Chemtex will issue shares to investors on 6th December, 2023, and the stock will be listed on 11th December, 2023. The IPO of Deepak Chemtex has received an oversubscription of 88 times. The reserved quota for retail investors in the company’s IPO has been oversubscribed by 125.43 times. The reserved quota for non-institutional investors has been oversubscribed by 105.49 times. The reserved quota for qualified institutional buyers has been oversubscribed by 10.95 times. The IPO of Deepak Chemtex will remain open for subscription until 1st December, 2023. Prior to the IPO, the promoters held a 99.40% stake in the company. After the IPO, their stake will decrease to 73.05%.
In Short, the IPO of Deepak Chemtex has received a strong response, with oversubscription in various investor categories. The shares are trading at a premium price in the grey market, indicating positive investor sentiment. Investors have the opportunity to potentially earn significant profits, with expectations of the shares being listed at a higher price. The IPO subscription period will end on 1st December, 2023, and the stock is scheduled to be listed on 11th December, 2023.
★Deepak Chemtex IPO is receiving a tremendous response.
★The IPO is open for investment from 29th November to 1st December.
★Investors looking to earn substantial profits should consider investing in Deepak Chemtex IPO.
★On the second day of the IPO opening, it was oversubscribed by 80 times.
★According to experts in the grey market, shares of Deepak Chemtex are trading at a 40% premium.
★The shares of Deepak Chemtex could be listed at a price of Rs. 112.
★The price range for the IPO was set at Rs. 76-80.
★Currently, the shares are trading at a premium of Rs. 32 in the grey market.
★If the shares are allotted at the upper price band of Rs. 80, they could be listed at Rs. 112.
★Investors could potentially earn a 40% profit on the first day of stock listing.
★Deepak Chemtex will release shares to investors on 6th December, 2023, and the stock will be listed on 11th December, 2023.
★The IPO received 88 times more bids than the available shares.
★The retail investor quota for the IPO was oversubscribed by 125.43 times.
★The non-institutional investor quota was oversubscribed by 105.49 times.
★The qualified institutional buyer quota was oversubscribed by 10.95 times.
★Deepak Chemtex IPO will be open for subscription until 1st December, 2023.
★Prior to the IPO, the promoters held a 99.40% stake in the company, which will reduce to 73.05% post-IPO.
★The IPO date for Deepak Chemtex is 2nd December, 2023.
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