Phoenix Overseas IPO is to open on September 20. Phoenix Overseas is a SME IPO to raise ₹36.03 crores via IPO. The Phoenix Overseas IPO price band is fixed at ₹61 to ₹64 with a market lot of 2000 Shares.
West Bengal-based Phoenix Overseas Limited is engaged in the business of trading and marketing animal feeds and agricultural produce and commodities such as corn, oil cakes, spices like dry red chilies, coriander, cumin seeds, food grains like rice, wheat, corn, sorghum and tea, pulses and agricultural feed like soya bean meal and rice bran de-oiled cake. They are also doing business importing lentils, black urad dal, and tur dal in India in bulk quantities. They have covered Bangladesh and other Asian Countries.
Phoenix Overseas IPO GMP Live Rates day by day with Kostak rates.
| Date | IPO GMP | Kostak | Subject to |
| Today | ₹10 | ₹- | ₹10,000 |
| 26 September | ₹40 | ₹- | ₹50,000 |
| 25 September | ₹40 | ₹- | ₹50,000 |
| 24 September | ₹25 | ₹- | ₹35,000 |
| 23 September | ₹25 | ₹- | ₹35,000 |
| 21 September | ₹25 | ₹- | ₹35,000 |
| 20 September | ₹10 | ₹- | ₹15,000 |
| 19 September | ₹10 | ₹- | ₹15,000 |
| 18 September | ₹10 | ₹- | ₹15,000 |
| 17 September | ₹- | ₹- | ₹- |
| 16 September | ₹- | ₹- | ₹- |
Phoenix Overseas IPO Details
| IPO Open Date: | September 20, 2024 |
| IPO Close Date: | September 24, 2024 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹61 to ₹64 Per Share |
| Issue Size: | Approx ₹36.03 Crores |
| Fresh Issue: | Approx ₹29.31 Crores |
| Offer for Sale: | Approx 1,050,000 Equity Shares |
| Issue Type: | Book Built Issue |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 42% |
| QIB Quota: | Not more than 15% |
| NII Quota: | Not more than 43% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Phoenix Overseas IPO Dates
| IPO Open Date: | September 20, 2024 |
| IPO Close Date: | September 24, 2024 |
| Basis of Allotment: | September 25, 2024 |
| Refunds: | September 26, 2024 |
| Credit to Demat Account: | September 26, 2024 |
| IPO Listing Date: | September 27, 2024 |
Phoenix Overseas IPO GMP aka Grey Market Premium FAQs:
What is Phoenix Overseas IPO GMP Today?
Phoenix Overseas IPO GMP is ₹10 as of today.
What is Phoenix Overseas IPO Kostak Rate Today?
Phoenix Overseas IPO Kostak Rate is ₹- as of today.
What is Phoenix Overseas IPO Subject to Sauda Today?
Phoenix Overseas IPO Subject to Sauda is ₹10,000 as of today.
What is Phoenix Overseas IPO Expected Returns?
Phoenix Overseas IPO Expected Returns is 16%.
Disclaimer:
- IPO Grey Market Premium (Phoenix Overseas IPO GMP) mention is valid for the specific date as mentioned in the header.
- We are not buying and selling IPO forms on IPO Grey Market.
- Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
- Do not subscribe for IPO by just seeing the premium Price as it may change anytime before listing. Subscribe only considering the fundamentals of the companies.
One Response
Hi
Due to lower demand in grey market