Phoenix Overseas IPO GMP

Phoenix Overseas– Are you looking for Phoenix Overseas IPO GMP / Grey Market Premium and Kostak rate? You are at the right place, here you will get the latest Phoenix Overseas IPO GMP live.

The public issue of Phoenix Overseas will open on September 20, 2024 and remain open until September 24, 2024 for bidding. It has set the price band at approximately ₹61 to ₹64 per equity share and expects to raise ₹36.03 crore.

Ahead of Phoenix Overseas opening date, grey market indicators are pointing to positive developments.

Phoenix Overseas Grey Market Premium (GMP) is currently at ₹15 , indicating the demand for the company's shares in the unofficial market.

Phoenix Overseas IPO price band

The price band for Phoenix Overseas initial public offering (IPO) has been set at ₹61 to ₹64 per equity share, offering potential investors a range within which they can place their bids.

Phoenix Overseas IPO date

Starting from September 20, 2024, the IPO will be open for bidders to participate, and it will remain open until September 24, 2024, providing a limited window for interested parties to take part in the offering.

Phoenix Overseas IPO size

With an ambitious goal of raising ₹36.03 Crores, Phoenix Overseas is poised to make a significant impact in the financial markets through its IPO.

Phoenix Overseas IPO lot size

Investors can apply for the IPO in lots, with each lot comprising 2000 shares, allowing them to tailor their investment based on their financial capacity and strategic objectives.

Phoenix Overseas IPO application limit

The application limit for the IPO is set at a minimum of 1 lot for bidders, while retail investors have the opportunity to apply for up to 1 lots, offering flexibility in participation.

Phoenix Overseas allotment date

The tentative schedule for the allotment of Phoenix Overseas IPO shares is September 25, 2024, providing a timeline for successful bidders to receive their allocated shares.

Phoenix Overseas IPO listing

Phoenix Overseas aims to list its shares on September 27, 2024, subject to market conditions, with plans to list on both the BSE and NSE, signaling a significant milestone for the company.

Phoenix Overseas IPO registrar

Cameo Corporate Services Limited will act as the registrar for Phoenix Overseas, helping to ensure a smooth process for everyone involved.

Investors and analysts are watching the Phoenix Overseas IPO closely to understand how the market reacts to it. The subscription data and oversubscription numbers will reveal the demand for its shares and the feelings of investors.

Phoenix Overseas IPO is attracting a lot of attention. The IPO's performance will also reflect investor confidence in the economy and the appeal of Indian capital markets.

As the IPO moves forward, potential investors will examine the company's financial health, growth potential, and market position to decide on their involvement. This increased interest is likely to lead to strong trading activity after Phoenix Overseas shares are listed.

The successful launch of Phoenix Overseas IPO is expected to strengthen the company's finances and fund its growth plans and possible acquisitions. It will also allow retail and institutional investors to invest in a key player in the engineering and design services sector.

Phoenix Overseas IPO is expected to significantly influence the Indian markets, and its results will be watched closely as a measure of investor confidence and market trends.