GM Polyplast IPO Details

IPO Open Sep 30, 2020
IPO Close Oct 6, 2020
IPO Price ₹159
Face Value ₹10
IPO Size ₹8.09 Cr
Listing At BSE SME
Lot Size 800
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GM Polyplast IPO Date & Price

The GM Polyplast IPO opens on Sep 30, 2020 and closes on Oct 6, 2020.

GM Polyplast IPO timetable / schedule is as below:
  • Bid/Offer Opens On: Sep 30, 2020
  • Bid/Offer Closes On: Oct 6, 2020
  • Finalization of Basis of Allotment: Oct 9, 2020
  • Initiation of refunds: Oct 13, 2020
  • Credit of Equity Shares: Oct 13, 2020
  • Listing Date: Oct 14, 2020

GM Polyplast IPO price is set at ₹159 per equity share.

GM Polyplast IPO will close for subscription at 5 PM on Oct 6, 2020. But most brokers stop accepting application between 1 PM to 3 PM.

The GM Polyplast IPO starts on Sep 30, 2020. The issue ends on Oct 6, 2020.

GM Polyplast IPO Issue Size and Subscription Status

The GM Polyplast IPO size is 508800 Equity Shares of ₹10 aggregating up to ₹8.09 Cr.

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

GM Polyplast IPO Offer Size

Qualified Institutional Buyers (QIB)0 Shares
Non-Institutional Investors (NII)241,600 Shares
Retail Individual Investor (RII)241,600 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size483,200 Shares

GM Polyplast IPO IPO Subscription Status

Qualified Institutional Buyers (QIB) times
Non-Institutional Investors (NII)2.13 times times
Retail Individual Investor (RII)1.07 times times
Employee Reservations times
Other Reservations times
Total Issue Size1.60 times times

Click here to check the GM Polyplast 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 GM Polyplast 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 GM Polyplast 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.

GM Polyplast IPO Allotment and Listing

The GM Polyplast IPO allot status will be available online on Oct 9, 2020. Check the GM Polyplast IPO Allotment Status here.

Click here to check GM Polyplast IPO Allotment Status.

GM Polyplast IPO listing Date is Oct 14, 2020. 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 GM Polyplast IPO listing date and time is published by the exchange in a circular.

Click here to view the GM Polyplast IPO Basis of Allotment.

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

The GM Polyplast IPO shares will list on Oct 14, 2020 at BSE SME.

GM Polyplast 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 GM Polyplast IPO which could help you with questions like GM Polyplast IPO buy or not? You should also read GM Polyplast 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.

GM Polyplast 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 GM Polyplast IPO performance. The performance reports are available 1 day after listing.