CreditAccess Grameen IPO grey market premium & gmp rates

By | August 9, 2018

CreditAccess Grameen IPO grey market premium, CreditAccess Grameen IPO GMP, CreditAccess Grameen greymarket

In the month of July 2018, One more company has announced that it wants to collect money from the markets. Yes, microfinance lender CreditAccess Grameen Limited is coming with an initial public offering (IPO). The company has notified that its IPO will hit the markets between 08th August 2018 to 10th August 2018. The price band for the IPO is Rs. 418 to Rs. 422 per share. If you want to apply for the IPO and want to know the GMP of CreditAccess Grameen IPO, then please look at the given section of this page for the daily grey market premium updates. More details are mentioned below for the readers of our website.

CreditAccess Grameen IPO grey market premium

CreditAccess Grameen IPO grey market premium

CreditAccess Grameen IPO grey market premium

CreditAccess Grameen is based in Bangalore. The company is a leading micro-finance institution. It provides micro-loans to the women borrowers in rural areas of India. The company wants to raise Rs. 1,131 crores through this issue. The IPO will be a combination of fresh issue and an offer for sale up to 1,18,76,485 equity shares by the promoter. The fresh issue of up to Rs. 630 crore will be on offer. Please check the DRHP for more details.

Few details about the IPO:

  • Name of the company: CreditAccess Grameen Limited
  • Dates of the IPO: 08th August 2018 to 10th August 2018
  • Price Band: Rs. 418 to Rs. 422 per share
  • Market Lot: 35 equity shares and in multiples of 35 equity shares thereafter
  • Company Head Quarters: Bangalore
  • IPO allotment Date: 16th August 2018

Address:
– New No. 49 (Old No. 725), 46th Cross, 8th Block, Jayanagar, Next to Rajalakshmi Kalyan Mantap, Bangalore 560 071, Karnataka, India

Tel: +91 80 2263 7300;
Fax: +91 80 2664 3433
E-mail: [email protected];
Website: www.grameenkoota.org

CreditAccess Grameen Limited IPO

CreditAccess Grameen IPO GMP

Now the application process will be started in a few days, Investors wants to know about the grey market price and GMP of CreditAccess Grameen IPO. Investors can check the below given section for the daily grey market price.

DateGMPKostak RateSauda
20 Aug 2018Rs. 4
09 Aug 2018Rs. 15Rs. 200Rs. 400
07 Aug 2018Rs. 30Rs. 250Rs. 600
06 Aug 2018Rs. 30Rs. 250Rs. 600
03 Aug 2018Rs. 40Rs. 300Rs. —-
01 Aug 2018Rs. 30Rs. 250Rs. —-

Please leave your comments below to let us know what you think about this IPO. If you know anything which can be beneficial to our readers, then you must share with us. Please note that the spam comments will be deleted.

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