Vinyas Innovative itemizing date: Vinyas Innovative Technologies shares made a blockbuster debut on NSE SME immediately. On NSE SME, Vinyas Innovative Technologies share worth immediately was listed at ₹330 per share, 100% larger than the difficulty worth of ₹165.

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Vinyas Innovative IPO particulars

Vinyas IPO, which is value ₹54.66 crores, is totally a contemporary situation of three,312,800 fairness share; there is no such thing as a provide on the market (OFS) element. Narendra Narayanan, Meera Narendra, and Narendra Sumukh are the corporate’s promoters.

The firm plans to make use of the online proceeds from the providing to finance the next targets, together with assembly its working capital wants, basic company functions, and situation expenditures.

Also Read: Vinyas Innovative IPO: Check GMP, subscription status on day 4, key details

The registrar for the Vinyas Innovative Technologies IPO is Skyline Financial Services Private Ltd, whereas the book-running lead supervisor is Sarthi Capital Advisors Private Limited. Gretex Share Broking is the market maker for the IPO of Vinyas Innovative Technologies.

As said within the Red Herring Prospectus (RHP), the listed peer firms are Cyient DLM Limited, and Centum Electronics Limited (with P/E of 85.73).

Vinyas Innovative Technologies IPO GMP immediately

Vinyas Innovative IPO GMP immediately or gray market premium is +67 much like the earlier buying and selling session. This indicated that the shares of Vinyas Innovative IPO GMP immediately have been buying and selling at a premium of ₹67 within the gray market on Friday, in line with investorgain.com

Considering the higher finish of the Vinyas Innovative IPO worth band and the present premium within the gray market, the estimated itemizing worth of Vinyas Innovative share worth was ₹232 apiece, which is 40.61% larger than the Vinyas Innovative IPO situation worth of ₹165.

‘Grey market premium’ signifies traders’ readiness to pay greater than the difficulty worth.

Also Read: Vinyas Innovative IPO opens: GMP, review, subscription status on day 2, other key details