GMP is telling that there will be more than 80 percent profit on this Rs 50 share on the first day

Greenhitech Ventures shares can make investors rich on the very first day. Shares of Greenhitech Ventures can make a profit of more than 80 percent on the day of listing. People have invested a lot of money on the IPO of the company. Greenhitech Ventures’ IPO total has been subscribed more than 769 times. The price of shares of the company in IPO is Rs 50. At the same time, shares of Greenhitech Ventures are trading at a huge premium in the gray market. The Gray Market Premium (GMP) of the company’s shares is indicating that people can make huge profits on the very first day.

Shares of the company can go above Rs 90 on the very first day : The price of shares of Greenhitech Ventures in the IPO is Rs 50. At the same time, the gray market premium (GMP) of the company’s shares has increased to Rs 42.GMP of shares of Greenhitech Ventures is indicating that the shares of the company may be listed in the range of Rs 92. That is, investors who have received shares of the company in the IPO can expect a profit of more than 84 percent on the day of listing. The company’s shares may be listed on the SME platform of BSE on 22 April 2024. The total size of the public issue of Greenhitech Ventures is Rs 6.30 crore.

IPO has been subscribed more than 769 times Greenhitech ventures IPO has been subscribed a total of 769.95 times. The quota of retail investors in the company’s IPO has been subscribed 597.41 times. Whereas in the Others category, bets have been placed 921.60 times. Retail investors could place bets for 1 lot in the company’s IPO. There are 3000 shares in one lot of IPO. That means, retail investors had to invest Rs 150000. Before the IPO, the promoters’ stake in the company was 100%, which will now be 73.19%.

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