Mumbai: Kaushalya Logistics IPO and Kay Cee Energy & Infra Ltd IPO are making a huge buzz amongst the stock market investors. Both the public offer have received string subscription, as per the latest data available.
The Kaushalya Logistics IPO GMP and Kay Cee Energy & Infra Ltd IPO GMP indicate that both the stocks are expected to be listed on a strong note.
Kaushalya Logistics IPO price
Kaushalya Logistics IPO opened for subscription on December 29 and closes on January 3, 2024. The public offer is a book built issue of Rs 36.60 crores. The price band of Kaushalya Logistics IPO has been set in the range of Rs 71 to Rs 75 per share.
An investor can bid for a minimum lot of 1,600 shares and in multiples thereof. The minimum amount of investment required by retail investors is Rs 120,000.
Kaushalya Logistics IPO Subscription Status
As per the latest data available, Qualified Institutional Buyers (QIB) investors have already bid for 19,87,200 shares whereas 9,82,400 shares are there for the category.
Non Institutional Investors (NII) category: Shares offered: 6,96,000, shares bid for 1,80,48,000.
Retail investors have given a thumbs up to the IPO and this is evident from the subscription status. Retail investors have applied for 7,30,49,600 shares while only 16,24,400 shares are there for sale.
Kaushalya Logistics IPO GMP
According to reports, Kaushalya Logistics IPO GMP is very strong. The shares of the company engaged in logistics services, e-commerce platform, realty business are trading at a premium of Rs 55 in the grey market.
Kay Cee Energy & Infra IPO price, subscription
Kay Cee Energy & Infra IPO, a book-built issue of Rs 15.93 crores, opened for subscription on December 28, 2023 and will close on January 2, 2024. The company has set the price band at Rs 51 to Rs 54 per share.
A retail investor can bid for a minimum lot size of 2000 shares. The minimum amount of investment required by retail investors is rs 1,08,000.
The Kay Cee Energy & Infra IPO has received a strong response from the market investors. As per the latest data available, 5,56,000 shares have been offered for Qualified Institutional Buyers (QIB), however, the category has received applications for 78,58,000 shares.
Non Institutional Investors Category: Shares offered: 4,22,000; shares bid for 13,83,86,000
Retail investors category: Shares offered: 9,82,000; shares bid for 46,91,82,000
Kay Cee Energy & Infra IPO GMP
The Kay Cee Energy & Infra IPO GMP signals that the shares of the company providing services for the construction and commissioning of electricity transmission and distribution systems, are expected to be listed at a premium of 100 per cent.
