Apex Frozen Foods IPO to open from 22nd August in market for subscription. The IPO is going to be in dual mindset as people might apply or they will not apply as the export of sea food. As per the current market speculations and grey market premium one should apply for listing gain as well as long term gain. The IPO is good as per the financial while premium might go up if the subscription numbers goes high. Due to the T Group it might get less subscription but still there is no IPOs in the timeframe one should have a go. Check Apex Foods IPO gmp by day to day.
Apex Frozen Foods IPO Subscription: (Fully Subscribed)
| Day | QIB | NII | RII | EMP | Total |
| Day 1 | 0.00 | 0.18 | 0.78 | 0.00 | 0.40 |
| Day 2 | 0.00 | 0.45 | 2.90 | 0.20 | 1.46 |
| Day 3 | 1.91 | 7.82 | 8.53 | 1.53 | 6.14 |
Apex Frozen Foods IPO Dates & Price Band:
- IPO Open: 22-August-2017
- IPO Close: 24-August-2017
- IPO Size: Approx Rs.152 Crore (Approx)
- Face Value: Rs. 10 Per Equity Share
- Price Band: Rs. 171 to 175 Per Share
- Listing on: BSE & NSE
- Retail Portion: 35%
- Total Size: 8,700,000 Equity Shares
Apex Frozen Foods IPO Market Lot:
- Shares: Apply for 80 Shares (Minimum Lot Size)
- Amount: Rs. 14000
Apex Frozen Foods IPO Allotment & Listing:
- BaApex Frozen Foods of Allotment: 30-August
- Refunds: 31-August
- Credit to demat accounts: 01-September
- Listing: 04-September
0 Responses
Apex has good financial and positive is there. As the premium is around 20-30 these days so you might get 1500-2500 listing gain.
requesting experts to put comments regarding the IPO