De Neers Tools IPO GMP

What is GMP?

IPO GMP shows us the premium that someone is willing to pay for the corresponding IPO in the grey market; It is used frequently to forecast the listing price of upcoming IPOs.

About De Neers Tools IPO

The company, De Neers Tools Ltd, was incorporated way back in the year 1952 to manufacture and supply industrial tools. It manufactures some of the most basic tools required in mechanical operations like spanners, wrenches, pliers, cutters, Allen Keys, hammers, screw drivers and other items in a typical mechanical tool kit.

De Neers Tools IPO Details

IPO Date

IPO Close

Face Value

IPO Price

IPO Size

Lot Size

Listing At

Allotment Date

Listing Date

28th April

₹10 per share

₹95 - ₹101 per share

3rd May

₹23 Cr

2,276,800 shares

NSE SME

8th May

11th May

De Neers Tools IPO GMP data for the 3 days

Date

11-May-2023

10-May-2023

GMP

Rs. 43

Rs. 35

9-May-2023

Rs. 18