Smile Microfinance IPO GMP – Check Latest IPO Grey Market Premium
Last Updated Date: Nov 17, 2022Smile Microfinance is about to release its IPO on NA. The issue is closing on NA and is currently having an active grey market. The Smile Microfinance IPO GMP is running at a stable rate as per the current situation.
In IPO, the GMP or the Grey Market Premium is the premium amount at which the IPO shares are traded before getting listed in the stock market.
However, the QIB and the HNI numbers are the key indicators of GMP in the case of Smile Microfinance IPO. The company is intended to raise Rs NA million by the released issue.
Smile Microfinance IPO GMP Rates, Kotak rates & SS
This particular table represents everything related to the IPO event from its opening and closing date along with the face value of the issue. You can check this table related to know the IPO size, price band along with listing details, and more.
| Date | GMP (in INR) | Kostak (in INR) | Subject to Sauda (in INR) |
| Mar 2021 | |||
| Mar 2021 | |||
| *Mar 2021 | |||
| Mar 2021 | |||
| Mar 2021 |
Check out Related IPO Links:
| Review – Smile Microfinance IPO |
| Smile Microfinance IPO Allotment |
| LIVE Subscription – Smile Microfinance IPO |
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Smile Microfinance IPO Date / Timetable
Here, you will find the important dates and events of this IPO. Check the allotment status, visit us again once the subscription date is over.
| IPO Open Date | – |
| IPO Close Date | – |
| Allotment Date | – |
| Initiation of Refunds | – |
| Credit of Shares to Demat Account | – |
| IPO Listing Date | – |
Smile Microfinance IPO – Financial Performance
The below-given table will give you an overall idea of the company’s financial performance. Check their net profit and loss statement about Smile Microfinance IPO.
| Amount (in INR & Million) | ||||
| 31-Dec-20 | 31-Mar-20 | Mar-19 | 31-Mar-18 | |
| Total Assets | – | – | – | – |
| *Total Revenue | – | – | – | – |
| Total Expense | – | – | – | – |
| Profit After Tax | – | – | – | – |
FAQs Related to Smile Microfinance IPO GMP
Ques – What is the current Smile Microfinance IPO GMP Price?
Answer – As of today, the Smile Microfinance IPO GMP is Rs. NA.
Ques – What is the current Smile Microfinance IPO Kostak Rate?
Answer – The Kostak rate is Rs NA for Smile Microfinance IPO.
Ques – What is today’s Smile Microfinance IPO Subject to Sauda Rate?
Answer – As of today, the Smile Microfinance IPO Subject to Sauda is Rs NA.
Ques – Where to Check Smile Microfinance IPO Allotment & Listing?
Answer – However, if you don’t want to miss out on the issue’s allotment status and the listing, you can refer to this LINK given here: IPO Allotment Status
Ques – What is Kostak Price?
Answer – To apply for an IPO, there is an application price or application charges that come along and is known as Kostak price. It is actually the premium amount at which IPO applications are being traded in the grey market.
Ques – Is GREY market buy or sell shares illegal?
Answer – Grey Market is basically trading that takes place before the stock of a company gets enlisted on the stock exchange. It takes place before the IPO release and the prices may change at any time. Hence, it is unofficial trading and hence, not “illegal”.
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Disclaimer:
The Smile Microfinance IPO GMP which is mentioned in the table here is only valid for a specific date as mentioned in the header section. The Kostak is the premium that one gets by selling her/his IPO application to someone else before listing the issue. He or she can sell it in an off-market transaction. However, we aren’t buying/selling IPO forms on the IPO Grey market.
It is also requested that please do not subscribe for an IPO by just seeing the premium price. The reason being, the premium price varies and can change anytime before listing. Please subscribe only after considering the fundamentals of the companies.