Upcoming IPO CreditAccess Grameen’s grey market premium price or GMP today is good as starting of 1st August. Even price band is good price value so that investors will showing their interst to apply in IPO. Company have plan to issue fresh shares worth Rs 900 crore besides 10.28 million an offer for sale share by its promoter.
Microfinance firm CreditAccess Grameen ipo is coming on 8th August, 2018 with total size of estimated at Rs 1130 crore ($236 million). Actually the company has plan to come public in September but this IPO will issue this month.
The company is holding 99.5% of Grameen Koota and the raining stake won by promoters and employees.
CreditAccess grameen company is doing a good business since last few years and making a strong profit even they have good marketing plan to achieve goal in next years, this IPO’s kostak price is good in grey market.
As success opening of IPO with the grey market price in the last two months, the demands or grey market premium is all most high, so lets check GMP today with subject to sauda.
CreditAccess Grameen IPO GMP , KOSTAK AND SUBJECT TO SAUDA
- As on 16-Aug-2018 @ 9:00 am GMP Rs. 3-5 | Kostak Rs. 200 | Subject to Sauda Rs.N/A
- As on 14-Aug-2018 @ 9:00 am GMP Rs. 3-5 | Kostak Rs. 200 | Subject to Sauda Rs.N/A
- As on 13-Aug-2018 @ 9:00 am GMP Rs. 5 (Seller) | Kostak Rs. 200 | Subject to Sauda Rs.N/A
- As on 11-Aug-2018 @ 9:00 am GMP Rs. 13-15 | Kostak Rs. 200 | Subject to Sauda Rs.N/A
- As on 10-Aug-2018 @ 9:00 am GMP Rs. 12-15 | Kostak Rs. 200 | Subject to Sauda Rs.N/A
- As on 9-Aug-2018 @ 9:00 am GMP Rs. 12-15 | Kostak Rs. 200 | Subject to Sauda Rs. N/A
- As on 8-Aug-2018 @ 9:00 am GMP Rs. 16-18 | Kostak Rs. 225 | Subject to Sauda Rs. 450
- As on 7-Aug-2018 @ 9:00 am GMP Rs. 30-32 | Kostak Rs. 250 | Subject to Sauda Rs. 600
- As on 6-Aug-2018 @ 9:00 am GMP Rs. 28-30 | Kostak Rs. 225-250 | Subject to Sauda Rs. 600
- As on 3-Aug-2018 @ 9:00 am GMP Rs. 38-40 | Kostak Rs. 300 | Subject to Sauda Rs. N/A
- As on 2-Aug-2018 @ 9:00 am GMP Rs. 42-44 | Kostak Rs. 300 | Subject to Sauda Rs. N/A
- As on 1-Aug-2018 @ 9:00 am GMP Rs. N/A | Kostak Rs. N/A| Subject to Sauda Rs. N/A
CreditAccess Grameen IPO Details
|Subscription Dates||8-10 August 2018|
|Issue Price Band||INR 418 – 422|
|Minimum bid (lot size)||35 Shares|
|Minimum bid Price||INR 14770|
|Face Value||INR 10 per share|
|IPO Size||INR 1130 Cr|
|Issue Type||Book Built Issue IPO|
|Listing At||BSE, NSE|
CreditAccess Grameen IPO Financial Performance (in INR crore)
CreditAccess Grameen IPO Review:
- Subscribe for Long Term: Good market opportunity have in this IPO. Price is band is not high. We Recommend you to apply CreditAccess Grameen IPO, will sure give you benefit for listing gain & long term gain…
CreditAccess Grameen IPO Prospectus:
CreditAccess Grameen IPO Lead Manager(s):
- Credit Suisse Securities (India) Private Limited
- ICICI Securities Limited
- IIFL Holdings Limited
- Kotak Mahindra Capital Company Limited
CreditAccess Grameen IPO Promoters:
- CREDITACCESS ASIA N.V.