Sunlite Recycling Industries’s IPO will hit the market on August 12, 2024, and close on August 14, 2024. The Sunlite Recycling Industries IPO GMP Kostak rate and subject to Sauda updated as of today. The Sunlite Recycling Industries IPO Grey Market Premium has started with low premium rates at this time we need to wait for the rates to change with the market sentiment in a few days or to stabilize the rates. You can check Sunlite Recycling Industries IPO subscription status here.
Sunlite Recycling Industries Limited manufactures copper rods and wires, copper earthing wires, copper earthing strips, copper conductors, copper wire rods, etc. by recycling copper scrap for power generation, transmission, distribution, and electronics industries.
Sunlite Recycling Industries IPO Issue size of ₹30.24 Crores, in which Fresh Issue of ₹30.24 Crores and issue price band has been fixed at ₹100 to ₹105 Per Share. The Sunlite Recycling Industries IPO will be listed on August 20, 2024, on NSE SME.
What is Sunlite Recycling Industries IPO GMP Today?
■ The Sunlite Recycling Industries IPO GMP Today Or Grey Market Premium is ₹60.
What are Sunlite Recycling Industries IPO Kostak Rates Today?
■ The Sunlite Recycling Industries IPO Kostak rate is ₹0.
What is Sunlite Recycling Industries IPO Subject to Sauda Price Today?
■ The Sunlite Recycling Industries IPO Subject to Sauda rates is ₹54500.
Sunlite Recycling Industries IPO Approximately Returns?
■ The Sunlite Recycling Industries IPO’s approximate return is 60%, which can also change according to the Market Sentiment.
Sunlite Recycling Industries IPO GMP Live, Kostak, & Subject :
| Date | GMP | Kostak | Subject |
| 20 Aug 2024 | List:₹199.50 Gain:90.00% | ₹0 | ₹54500 |
| 16 Aug 2024 | ₹60  | ₹0 | ₹54500 |
| 15 Aug 2024 | ₹60 | ₹0 | ₹54500 |
| 14 Aug 2024 | ₹60  | ₹0 | ₹54500 |
| 13 Aug 2024 | ₹50 | ₹0 | ₹45500 |
| 12 Aug 2024 | ₹40 | ₹0 | ₹36500 |
| 11 Aug 2024 | ₹20 | ₹0 | ₹18500 |
| 10 Aug 2024 | ₹20 | ₹0 | ₹18500 |
| 09 Aug 2024 | ₹20 | ₹0 | ₹18500 |
| 08 Aug 2024 | ₹15 | ₹0 | ₹13500 |
| 07 Aug 2024 | ₹15 | ₹0 | ₹13500 |
IPO GMP Facts :
- The GMP is usually higher for IPOs of well-known companies with strong fundamentals.
- The GMP is also likely to be higher for IPOs that are heavily subscribed.
- It is important to do your research before investing in an IPO, regardless of the GMP.
- The IPO GMP is estimated, considering market volatility, limited historical data, underwriting conditions, legal risks, and potential dilution.
IPO GMP Disclaimer :
- GMP is not an indicator of the final listing price: The GMP is just a reflection of the demand and supply of the IPO shares in the grey market. The final listing price will depend on several factors, including the overall market sentiment and the performance of the company in the post-IPO period.
- The GMP can be volatile: The GMP can fluctuate significantly in the days leading up to the IPO listing. This is due to the uncertainty surrounding the final listing price and the volatility of the stock market in general.
- There is no guarantee of profit: Even if the GMP is high, there is no guarantee that the IPO shares will list at a profit. The final listing price could be lower than the GMP, or the shares could even increase in value after listing.
- Investing in IPOs carries risks: IPOs are considered to be high-risk investments. There is always the possibility that the company could fail, or that the shares could be diluted in the future.
- Risk Factors: Identify and articulate the key risk factors that could impact the IPO GMP and subsequent trading of the company’s shares. These may include industry-specific risks, regulatory uncertainties, economic downturns, and competitive pressures.
| Sunlite Recycling Industries IPO Details: Click Here Sunlite Recycling Industries IPO Subscription: Click Here Sunlite Recycling Industries IPO Allotment: Click Here Sunlite Recycling Industries IPO Listing: Click Here |
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