Repono IPO GMP Today: SME Issue Gets Over 6.5x Subscription On Day 2 So Far
Repono IPO GMP Today: Its grey market premium currently stands at 21.88%, indicating decent listing gains for investors.
Repono IPO GMP Today: The initial public offering of Repono Ltd is witnessing its second day of bidding today, Tuesday, July 29. The price of the NSE SME IPO, which aims to raise Rs 26.68 crore, was fixed at Rs 96 per share. Till 12:39 pm on the second day of bidding on Tuesday, the issue received a 6.53 times subscription, garnering bids for 1,20,72,000 shares as against the 18,48,000 shares on offer.
The retail and NII participation stood at 6.14x and 6.83x, respectively. The QIB category has received a 7.00x subscription.
The IPO's grey market premium currently stands at 21.88%, indicating decent listing gains for investors.
The three-day IPO was opened on July 28.
Repono Ltd, founded in 2017, is a logistics and warehousing company specialising in storage solutions for the oil and petrochemical sectors, offering end-to-end services across the energy value chain.
Repono IPO GMP Today
According to market observers, unlisted shares of Repono Ltd are currently trading at Rs 117 against the IPO price of Rs 96. It means a grey market premium or GMP of 21.88%, indicating decent listing gains for investors.
The price of the SME IPO has been fixed at Rs 96 apiece.
Its minimum lot size is 1,200. It means investors will have to apply for a minimum of 1,200 shares or in multiple thereof.
Retail investors require a minimum capital of Rs 2,18,400 to apply for the IPO.
Repono IPO Allotment And Listing Dates
The basis of allotment of the Repono IPO will be finalised on July 31.
Its shares will be listed on the BSE's SME platform, August 4.
The Repono IPO, which is a book-building of Rs 26.68 crore, is entirely a fresh issue of 27.79 lakh shares.
Its revenue jumped 51% and profit after tax (PAT) increased 23% between the financial year ending with March 31, 2025 and March 31, 2024.
Wealth Mine Networks Private Limited is the book-running lead manager of the Repono IPO, while Cameo Corporate Services Limited is the registrar for the issue. The market maker for the Repono IPO is JSK Securities and Services Private Ltd.
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