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The Economic Times
The Economic Times
Business
Ritesh Presswala

Aegeus Technologies shares to debut today: GMP signals 11% premium ahead of BSE SME listing

BSE GMP IPO

Aegeus Technologies is set to make its stock market debut on Tuesday, on the BSE SME platform, with grey market trends pointing to a potentially positive listing. The company’s Rs 23.71 crore IPO was met with strong investor demand, closing with nearly 30 times overall subscription.

The latest grey market premium (GMP) stands at Rs 12, or around 11% over the IPO price of Rs 105 per share. Based on the current GMP, Aegeus Technologies’ estimated listing price is around Rs 117 per share, although grey market premiums are unofficial indicators and can change before listing.

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