INOX India IPO GMP today: The initial public offering (IPO) of INOX India Limited, a leading cryogenic equipment maker and supplier, is in its final day of subscription today, December 18.
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The bidding for the public issue is set to close on Monday evening. Take a look at the key details about the IPO, including price band, lot size, and GMP.
INOX India IPO Price Band
The INOX India IPO price band has been set at Rs 627 to Rs 660 per equity share.
INOX India IPO Lot Size
Bidders must bid for at least one lot of 22 shares to be eligible for allotment. At the lower price band of Rs 627, the minimum investment required for thsi IPO is Rs 13,794.
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INOX India IPO GMP Today
According to websites tracking grey market activities, INOX India IPO was commanding a GMP in the range of Rs 540-555 on the upper price band of Rs 660.
INOX India IPO Allotment Date
The finalisation of allotment for the INOX India IPO is expected to occur on December 19, 2023.
INOX India IPO Listing Date
The shares of INOX India are anticipated to be listed on the stock exchanges on December 21.
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About INOX India IPO
INOX India Limited specialises in manufacturing and supplying diverse cryogenic equipment. This will be first IPO from the Inox group in nearly 17 years, the last being from its multiplex arm, Inox Leisure, which is now a part of the PVR group. The company’s IPO aims to raise ₹1,459.32 crore, entirely through an offer-for-sale (OFS).
