RAVITA ENGINEERING SERVICES IPO: LISTING TODAY; CHECK GMP

Services is scheduled to make its debut on the NSE SME platform on Thursday, with grey market sentiment indicating a potentially modest listing. The stock’s grey market premium (GMP) is around 1%, suggesting expectations of a listing slightly above its issue price. 🔥 KEY IPO HIGHLIGHTS 🔹 IPO Size: ₹116.05 crore 🔹 Issue 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 🔹 Expected Listing Trend: GMP indicates a potentially marginal premium over the issue price. The IPO received a positive response from investors, particularly qualified institutional buyers. However, the grey market premium is unofficial and can fluctuate before listing. Actual listing performance may differ from GMP indications depending on market conditions and investor demand. DISCLAIMER: Grey market premiums are unofficial indicators and do not guarantee listing gains. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.