Sudeep Pharma IPO Opens on 21 November: GMP Jumps ₹130 Ahead of Listing
Rubicon Research IPO Details: Allotment, Subscription, Share Price & Listing Date
Sudeep Pharma’s IPO opens on 21 November with strong investor interest. The grey market premium stands at ₹130, indicating a possible listing price of around ₹723. Check key IPO details, issue size, and demand.
Sudeep Pharma is ready for its stock market debut.
The IPO will open on Friday, November 21.
The company will issue 16 lakh new shares.
There will also be an offer for sale of about 1.35 crore shares.
The grey market mood is already positive.
Grey Market Premium Shows Strong Demand
On Thursday morning, the GMP was ₹130, as per market trackers.
The IPO’s upper price band is ₹593 per share.
With the GMP added, the stock may list at around ₹723.
This is nearly 22% higher than the issue price.
This shows strong demand before the IPO opens.
Key IPO Details (Quick Look)
IPO opens on 21 November
Fresh issue: 16 lakh shares
OFS: 1.35 crore shares
Upper price band: ₹593
Grey Market Premium: ₹130
Expected listing price: ~₹72
