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Mint
5 days ago
- Business
- Mint
Leela Hotels Share Price Live: GMP, experts hint quite share debut on the stock market today
Leela Hotels Share Price Live: The shares of Schloss Bangalore Ltd, which operates the luxury hotel brand 'The Leela' in India, are set to officially launch on the Indian stock market today following their recent initial public offering (IPO). Leela Hotels IPO listing is today, June 2, 2025. The Leela Hotels IPO opened on May 26 and closed on May 28. The allotment for the IPO was determined on May 29, and the shares are set to be listed today, June 2, 2025, which is a Monday. Shares of Leela Hotels will be available for trade on both the BSE and NSE stock exchanges. Members of the Exchange have been informed that starting Monday, June 2, 2025, the equity shares of Schloss Bangalore Limited will be listed and permitted for transaction on the Exchange under the 'B' Group of Securities, according to a notice from BSE. Leela Hotels shares will participate in the Special Pre-open Session (SPOS) on Monday, June 2, 2025, it was mentioned, and trading for these shares will commence at 10:00 AM. Leela Palaces IPO saw a subscription rate of 4.50 times by the end of the bidding period on Wednesday. The price range for Leela Palaces IPO has been set between ₹ 413 and ₹ 435 per share. Schloss Bangalore, renowned for its opulent hotels and resorts branded as "The Leela," had a total of 3,382 rooms across 12 functioning hotels as of May 31, 2024. Its collection consists of The Leela Palaces, The Leela Hotels, and The Leela Resorts, situated in 10 different locations across the country. Leela Hotels IPO GMP today is +2. This indicates Leela Hotels share price was trading at a premium of ₹ 2 in the grey market, according to Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of Leela Hotels share price is indicated at ₹ 437 apiece, which is 0.46% higher than the IPO price of ₹ 435. According to the grey market activities over the last 17 sessions, the current GMP ( ₹ 2) indicates a trend towards the downside. The minimum GMP recorded is ₹ 0.00, while the maximum GMP is ₹ 20.00, as noted by experts at 'Grey market premium' indicates investors' readiness to pay more than the issue price. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
06-05-2025
- Business
- Mint
Ather Energy Share Price Live Updates: What GMP, experts signal about stock listing in stock market today?
Ather Energy Share Price Live Updates: Ather Energy shares are scheduled to debut on the Indian stock market today. The initial public offering (IPO) of the electric vehicle manufacturer Ather Energy Ltd concluded with moderate demand. The Ather Energy IPO listing date is set for today, May 6. The public offering was open for subscription from April 28 to April 30. The allocation for the Ather Energy IPO was completed on May 2. The listing date for Ather Energy's shares has been confirmed as May 6, Tuesday, and they will be available on both stock exchanges, BSE and NSE. The BSE announced that starting from Tuesday, May 6, 2025, the equity shares of Ather Energy Limited will be listed and permitted for trade on the exchange within the 'B' Group of Securities. Ather Energy shares will participate in the Special Pre-open Session (SPOS) on Tuesday, May 6, 2025, according to the notice, and trading will start at 10:00 AM. The electric two-wheeler manufacturer Ather Energy's initial public offer was subscribed 1.43 times on the final day of bidding on Wednesday, driven by strong oversubscription in the QIB and retail investor categories. The Ather Energy IPO consists of a fresh issuance of equity shares valued at ₹ 2,626 crore and an offer-for-sale of 1.1 crore equity shares from promoters and other stakeholders. At the highest end of the price range, the total IPO size is estimated at ₹ 2,981 crore, resulting in a company valuation of ₹ 11,956 crore. (Stay tuned for more updates) Follow updates here: 06 May 2025, 09:00 AM IST Ather Energy IPO 06 May 2025, 08:48 AM IST Ather Energy IPO was subscribed 1.43 times by the end of bidding on Wednesday, driven by strong interest from both qualified institutional buyers and retail investors. The Retail Individual Investors (RIIs) segment achieved a subscription rate of 1.78 times, while the Qualified Institutional Buyers (QIBs) portion was subscribed 1.70 times, despite a market volatility. The subscription rate for non-institutional investors stood at 66%, and the employee portion was booked 5.43 times. 06 May 2025, 08:35 AM IST Ather Energy IPO GMP today or grey market premium is +14. This indicates Ather Energy share price were trading at a premium of ₹ 14 in the grey market, according to Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of Ather Energy share price was indicated at ₹ 335 apiece, which is 4.36% higher than the IPO price of ₹ 321. According to the analysis of the past 15 sessions of grey market activities, the IPO GMP is moving upward today, indicating a potential strong listing. The minimum GMP recorded is ₹ 0.00, while the maximum GMP reaches ₹ 17, as per the experts at 'Grey market premium' indicates investors' readiness to pay more than the issue price. Disclaimer: The views and recommendations above are those of individual analysts, experts and broking companies, not of Mint. We advise investors to check with certified experts before making any investment decision.
