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Shining Tools Ltd. IPO
Price Range:
₹114.00
Issue Size:
₹17.10 Cr
Lot Size:
1200 shares
IPO Dates:
Nov 7, 2001 - Nov 11, 2001
Current GMP
₹0
Last updated: 11/29/2025, 3:02:51 AM
Est. Listing Price
₹114
+0.0% potential gain
Expert Rating
0/5 stars
IPO Timeline
Opens
Nov 7
Closes
Nov 11
Allotment
Nov 12
Refunds
Nov 13
Shares Credit
Nov 13
Listing
Nov 14
Opens
Nov 7
Closes
Nov 11
Allotment
Nov 12
Refunds
Nov 13
Shares Credit
Nov 13
Listing
Nov 14
Understanding GMP for Shining Tools Ltd. IPO
What is Grey Market Premium?
GMP represents the premium at which Shining Tools Ltd. IPO shares are trading in the grey market before official listing. A higher GMP suggests strong demand and potential listing gains.
Investment Considerations
GMP is an indicator but not a guarantee of listing performance. Consider company fundamentals, market conditions, and overall IPO quality before making investment decisions.
Explore More About Shining Tools Ltd. IPO
Frequently Asked Questions About Shining Tools Ltd. IPO GMP
Get insights about Grey Market Premium and IPO investing
The current Grey Market Premium (GMP) for Shining Tools Ltd. IPO is ₹0. This represents the premium at which the shares are trading in the unofficial grey market before listing.
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GMP is a useful indicator of market sentiment but not a guarantee of listing performance. It reflects unofficial trading demand before listing. Higher GMP generally suggests strong demand, but actual listing prices can vary based on market conditions, company fundamentals, and overall market sentiment on listing day.
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GMP trading usually begins 2-3 days before the IPO opening date and continues until the listing date. The premiums can fluctuate based on subscription numbers, market conditions, and investor sentiment throughout this period.
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GMP is influenced by various factors including: subscription levels (higher subscription often leads to higher GMP), overall market conditions, company fundamentals, sector performance, institutional interest, and general investor sentiment towards IPOs.
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No, GMP should be just one factor in your decision-making process. Always consider company fundamentals, business prospects, valuation, market conditions, and your own risk tolerance. GMP represents short-term sentiment and may not reflect long-term investment potential.
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Disclaimer: GMP data is sourced from grey market activities and is for informational purposes only. Past performance and GMP trends do not guarantee future results. Please consult with a financial advisor before making investment decisions.