GSM Foils Limited IPO
GSM Foils Limited was a SME IPO in the Packaging sector, offered at ₹32–₹32 per share to raise ₹11 crore. It listed on 31 May 2024 at ₹32 and closed its first day at ₹34, a listing gain of +5.0% versus the ₹32 issue price. It now trades around ₹61 (+91.9% versus the issue price).
Frequently asked questions
- What were the GSM Foils Limited IPO listing gains?
- GSM Foils Limited listed on 31 May 2024 at ₹32, closing its first day at ₹34 — a listing gain of +5.0% versus the ₹32 issue price.
- What was the price band and lot size of the GSM Foils Limited IPO?
- The price band was ₹32–₹32 per share, with a minimum lot of 4,000 shares (₹1,28,000 at the upper band).
- Who were the registrar and lead manager for the GSM Foils Limited IPO?
- Bigshare Services Private Limited was the registrar, and Shreni Shares was the book-running lead manager.