United Cotfab IPO GMP Today in the Grey Market is Not Available at The Moment. Investors are Advised to Closely Monitor Market Trends and consult Reliable Sources for the Most up-to-date Information. It is important to Exercise Caution and Conduct Thorough Research Before Making Any Investment Decisions.
About United Cotfab IPO-
How Much GMP Price United Cotfab IPO today?, live Grey Market Premium Kostak Rates today live United Cotfab IPO Now. Subject to sauda Rate today, United Cotfab IPO as of today Subject to sauda rates kostak.
United Cotfab IPO is to open on 13 June, 2024. United Cotfab is a Mainline IPO to Raise 5,184,000 Shares (Approx ₹36.29 Cr) Via IPO. The United Cotfab IPO Price band is Fixed At ₹70 Per Every Share With a IPO Lot Size of 2000 Shares.
About United Cotfab Data Like –
- Mr. Gagan Nirmalkumar Mittal is the CEO of United Cotfab and United Cotfab was founded in the year 2015 and has just completed 9 years in operation.
- United Cotfab Was Originally Incorporated As United Cotfab LLP As A Limited Liability Partnership Under The Provisions Of The Limited Liability Partnership Act, 2008 Vide Certificate Of Incorporation Dated August 25, 2015. We Are Engaged In The Manufacturing Of High Quality Open End Yarn Catering To The Textile Industry. Our Manufacturing Process Adheres To Stringent Quality Standards And Is Backed By Advanced Technology And Machinery. We Follow A Systematic Approach That Includes Raw Material Selection, Blending (If Required), Spinning, Winding, And Quality Control.
- Company Was In The Process Acquisition Of Land Admeasuring Area Of 7264 Sq Mtrs Located At Village Timba, Taluka Daskroi, Ahmedabad, For Setting Up Manufacturing Facility Having An Installed Capacity Of Approx 9125 (MT) Per Annum. Our Manufacturing Facility Is Close To The Rich Cotton Growing Areas Of Saurashtra Region Of Gujarat And Maharashtra. Our Company Commenced The Production Of Cotton Yarn In April 2023. Our Manufacturing Facility Is Equipped With Modern And Automatic Plant And Machinery.
United Cotfab IPO GMP With Per Lot Profit
| DATE | IPO GMP PRICE | EST LISTING PRICE |
|---|---|---|
| 24 June | ₹12 | ₹82 |
| 23 June | ₹12 | ₹82 |
| 22 June | ₹12 | ₹82 |
| 21 June | ₹12 | ₹82 |
| 20 June | ₹12 | ₹82 |
| 19 June | ₹12 | ₹82 |
| 18 June | ₹20 | ₹90 |
| 17 June | ₹22 | ₹92 |
| 16 June | ₹22 | ₹92 |
| 15 June | ₹22 | ₹92 |
| 14 June | ₹22 | ₹92 |
| 13 June | ₹22 | ₹92 |
| 12 June | ₹17 | ₹87 |
| 11 June | ₹21 | ₹91 |
| 10 June | ₹16 | ₹86 |
| 9 June | ₹16 | ₹86 |
| 8 June | ₹0 | ₹70 |
Also Read : United Cotfab IPO GMP Price, Details Today, Date, Allotment, Review
Latest IPO GMP
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IPO Grey Market Premium (GMP)
Before investing money in any IPO, one should pay more attention to the fact that the IPO GMP price is very volatile, if you are thinking of investing in United Cotfab IPO by looking at the GMP price, then your decision may prove to be quite risky. Before investing in a new IPO, you should have good knowledge about the business of the company. It should be your decision whether to invest in United Cotfab IPO or not and not by looking at the GMP price of the IPO.
Grey Market Premium (GMP) is the price at which an IPO is traded in an informal/unregulated manner before getting listed on the stock exchange. GMP price in the gray market reflects the price at which a company’s IPO is listed. Going to do. A good GMP premium/price gives you an indication of how much profit the IPO will make upon listing. Rather, if the GMP premium of an IPO is negative, then one should avoid investing money in that IPO.
Disclaimer:- The article here should not be construed as an offer to you to buy or sell based on any IPO / Gray Market Premium (GMP) or as advice in any way. The article here is written for informational and educational informational purposes only. This article should not be relied upon for investing in IPOs. Readers should consult a qualified financial advisor before making investment decisions.
Any reader making any investment decision based on the information published here does so entirely at his own risk. Investors should be aware that any investment in the equity market is subject to unpredictable market-related risks. The author does not intend to invest in this offering.
