United Cotfab Limited IPO subscribed 107 times on the last day of bidding. Check the GMP here
United Cotfab Limited is engaged in manufacturing open end yarn for various applications in the textile industry. United Cotfab is operating in the textile market, as the manufacture and trader.
Subscription Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 2,462,000 | 2,462,000 | 4,924,000 |
| Day 1 – 13-06-24 | 0.65x | 4.59x | 2.95x |
| Day 2 – 14-06-24 | 3.20x | 12.91x | 8.68x |
| Day 3 – 18-06-24 | 13.98x | 32.04x | 23.66x |
| Total – 19-06-24 | 137.21x | 77.22x | 107.22x |
United Cotfab Grey Market Premium today
The current GMP of the company is around Rs. 17-18 which is around 24% of the Issue price . It is expected that investors can get a profit of 24% per lot if the stock lists at such GMP price.
Note: The GMP fluctuates on the basis of market demand.
United Cotfab Allotment & Listing date :
The allotment is to be done on Thursday (20/06/2024) by Link Intime India Private Ltd. (Registrar) and the listing date of the shares is on Monday (24/06/2024)
Check you allotment here – Link Intime India Pvt Ltd
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