Vishal Nirmiti IPO gets 57% subscription, Nityas Gems 69%
In short
Vishal Nirmiti’s IPO was 57% subscribed, while Nityas Gems and Jewellery’s IPO was 69% subscribed. Both IPOs opened on 30 September and close on 5 October. The market report says Vishal’s GMP is +20, with an estimated price of ₹240, and Nityas’ GMP is +4, with an estimated price of ₹79.
This matters because subscription levels and GMP can show investor demand before listing. The final issue results and actual listing prices are not yet known.
What the reporting says
Vishal Nirmiti’s IPO was 57% subscribed and Nityas Gems and Jewellery’s IPO was 69% subscribed, according to publisher-supplied market summaries. Both issues opened on September 30 and close on October 5. The reporting also says Vishal’s GMP is +20, implying an estimated listing price of ₹240, while Nityas’ GMP is +4 with an estimated price of ₹79, but final listing outcomes are still unknown.
Why it matters
The market update compares two IPOs that opened on September 30 and close on October 5: Vishal Nirmiti at 57% subscription and Nityas Gems and Jewellery at 69%. It also cites grey market premiums of +20 and +4, with implied prices of ₹240 and ₹79 respectively. These figures point to stronger demand for Nityas in the subscription tally, but the eventual listing performance remains unknown.