BSE India IPO to List on NSE on 3rd February

BSE India launched their IPO January 2017. BSE’s 1250 crore IPO to list on February 3 on NSE. The stock exchange is going to list with high premium. The current investors will surely have an eye on it. Short term investors will eye BSE listing gain while long term investors will like to add more at lower prices.

BSE Listing Price:
BSE listing might give good return to the investors. Market analyst are looking at price around Rs.980-1000. BSE India will list at premium for sure. The market is on a good side and budget will take more boost to market. BSE will get good boost on listing day with range of Rs.950 to 1150.

BSE Subscription:
BSE IPO subscribed over 51 times which was superb for a stock exchange. Retail portion was subscribed over 6 times while QIB around 48 times and HNI around 159 times. A good subscription always gives good returns in most of the cases.

BSE Grey Market Premium:
BSE IPO grey market premium increased from 90 to 175 Rs. It is in range of Rs.150-175 it means IPO listing will be around Rs.980 to 1000.

Check BSE IPO Allotment & Happy Investing!