IPO of Netweb Technologies and Asharfi Hospital will be listed in the market today
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making a splash in the gray market
Netweb Technologies’ IPO is getting good response in the gray market. This IPO is available at a premium of more than Rs 350 in the gray market. According to experts, if the gray market trade continues, then the listing of this IPO can be done at Rs 858. If this happens, investors will get a profit of more than Rs 70 per share. Explain that investors will be able to bid in the IPO of Netweb Technology till July 19. This company, which provides high-end computing solutions, has fixed a price band of Rs 475-500 per share for this. Its allotment is likely to happen on July 24. It is likely to be listed on BSE and NSE on July 27.
Listing likely on July 27
On the other hand, Ashrafi Hospital, which runs a 250-bed hospital in Dhanbad, Jharkhand, has fixed a price band of Rs 51-52 per share for its issue. The allotment of its shares can happen on July 24 and its listing is likely to happen on July 27. Its stock is trading at a premium of Rs 12 in the gray market. The gray market is expecting it to be listed at Rs.64. This is 23 percent more than its issue price. The lot size of its issue is 2,000 shares. Retail investors can place a minimum bid of Rs 104,000.
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