IPO NEWS : 3 companies including Shark Tank judge Namitha Thapar bring earning opportunities, know about the plans

IPO NEWS : Today could prove to be a very important day for IPO investors. Companies ranging from steel wire maker Bansal Wire Industries to Namitha Thapar's Mcure Pharma and others are set to launch their IPOs today.

So, investors who want to invest in this IPO, should be ready to invest money today as the subscription window of the IPO has opened. Come on, let's find out which companies will offer IPOs today on Wednesday

Bansal Wire Industries IPO

The IPO of Bansal Wire Industries will be held on 3rd July 2024 after the close and close on 5th July 2024. The issue price is between ₹243 to ₹256. The lot size is 58 shares and the issue size is ₹745 crore. Subscription details are not yet available.

As per Chittorgarh.com on July 3, 2024 at 06:03 AM, the GMP of Bansal Wire IPO is ₹66. With a price band of ₹256, the Bansal Wire IPO has an estimated listing price of ₹322 (cap price + today's GMP). The expected profit/loss percentage per share is 25.78%.

Emcure Pharma IPO

Namita Thapar's company Emcure Pharma opened for IPO subscription on July 3, 2024 and will close on July 5, 2024. The issue price is between ₹960 to ₹1008. The lot size is 14 shares and the issue size is ₹1,952.03 crore. Subscription details are not yet available. The price of this IPO of Emcure Pharma is Rs 1,952.03 crore.

In the gray market, Emcure Pharma's IPO at Rs. 299, while its upper price band is Rs. 1008 per share.

Ambey Laboratories IPO

Ambe Laboratories' IPO will open on 3 July 2024 and close on 5 July 2024. Its price band is between ₹65 to ₹68. The lot size is 2000 shares and the issue size is ₹44.68 crore. Subscription details are not yet available.

Ambe Laboratories is an SME IPO. Its GMP is ₹27 around 06 am today. With a price band of ₹68, Ambe Laboratories SME IPO has an estimated listing price of ₹95 (cap price + today's GMP). The estimated profit/loss percentage per share is 39.71%.