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May 24, 2024 - May 28, 2024

GSM Foils IPO FAQ

GSM Foils IPO Date & Price

The GSM Foils IPO opens on May 24, 2024 and closes on May 28, 2024.

GSM Foils IPO timetable / schedule is as below:
  • Bid/Offer Opens On: May 24, 2024
  • Bid/Offer Closes On: May 28, 2024
  • Finalization of Basis of Allotment: May 29, 2024
  • Initiation of refunds: May 30, 2024
  • Credit of Equity Shares: May 30, 2024
  • Listing Date: May 31, 2024

GSM Foils IPO price is set at ₹32 per equity share.

GSM Foils IPO will close for subscription at 5 PM on May 28, 2024. But most brokers stop accepting application between 1 PM to 3 PM.

The GSM Foils IPO starts on May 24, 2024. The issue ends on May 28, 2024.

GSM Foils IPO Issue Size and Subscription Status

The GSM Foils IPO size is 3440000 Equity Shares of ₹10 aggregating up to ₹11.01 Cr.

GSM Foils Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for GSM Foils IPO shares through the banks (using ASBA) or through the broker (using UPI).

GSM Foils IPO Offer Size

Qualified Institutional Buyers (QIB)0 Shares
Non-Institutional Investors (NII)1,632,000 Shares
Retail Individual Investor (RII)1,632,000 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size3,264,000 Shares

GSM Foils IPO IPO Subscription Status

Qualified Institutional Buyers (QIB) times
Non-Institutional Investors (NII)259.51 times times
Retail Individual Investor (RII)247.10 times times
Employee Reservations times
Other Reservations times
Total Issue Size257.30 times times

Click here to check the GSM Foils IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in GSM Foils IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check GSM Foils IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

GSM Foils IPO Allotment and Listing

The GSM Foils IPO allot status will be available online on May 29, 2024. Check the GSM Foils IPO Allotment Status here.

Click here to check GSM Foils IPO Allotment Status.

GSM Foils IPO listing Date is May 31, 2024. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The GSM Foils IPO listing date and time is published by the exchange in a circular.

Click here to view the GSM Foils IPO Basis of Allotment.

It is hard to say at what price GSM Foils IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The GSM Foils IPO shares will list on May 31, 2024 at NSE SME.

GSM Foils IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about GSM Foils IPO which could help you with questions like GSM Foils IPO buy or not? You should also read GSM Foils IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

GSM Foils IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the GSM Foils IPO performance. The performance reports are available 1 day after listing.