RAVITA Services IPO Listing: GMP Signals a Modest Premium

Services is set to debut on the NSE SME platform on Thursday, with grey market trends pointing towards a potentially moderate listing gain. The latest grey market premium (GMP) stands at approximately 1%, indicating expectations of a listing marginally above the issue price. 🔥 KEY IPO HIGHLIGHTS 🔹 IPO Size: ₹116.05 crore 🔹 Price Band: ₹105–₹112 per share 🔹 Overall Subscription: 7.11 times 🔹 QIB Subscription: 13.21 times 🔹 NII Subscription: 7.42 times 🔹 Retail Subscription: 3.50 times 🔹 Listing Outlook: GMP suggests a possible marginal premium over the issue price. The public issue attracted encouraging investor interest, with qualified institutional buyers recording the strongest subscription. However, the grey market premium is unofficial and may fluctuate before listing. The stock’s actual debut will depend on prevailing market conditions, investor sentiment and demand on listing day. DISCLAIMER: Grey market premiums are unofficial indicators and do not assure listing gains. Investment in securities mar