IPO GMP shows us the premium that someone is willing to pay for the corresponding IPO in the grey market; It is used frequently to forecast the listing price of upcoming IPOs.
Kundan Edifice Limited, founded in 2010, is a company that manufactures, assembles, and sells light-emitting diode ("LED") strip lights. Kundan Edifice is largely an original design manufacturer ("ODM"), designing, developing, manufacturing, and supplying products to customers who then resell them under their own brands. Custom goods are also available from the company. HV Flex- High voltage flex, LV Flex- Low voltage flex, RGB LV Flex (Smart Lights), and Accessories Kit are among its products.
IPO Date
  IPO Close
Face Value
IPO Price
IPO Size
Lot Size
Listing At
Allotment Date
Listing Date
12-Sep-23
₹10 per share
₹91 per share
15-Sep-23
₹25.22 Cr Â
1200 shares
NSE SMEÂ
21-Sep-23
26-Sep-23
Date
GMP
22-Sep-23
₹ 10
23-Sep-23
₹ 6
24-Sep-23
₹ 5
25-Sep-23
₹ 5
26-Sep-23
₹ 5
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