New Swan Multitech IPO Update: Many people are showing interest in the New Swan Multitech IPO.
On the second day, almost 59% of the shares were taken by investors. Even on the first day, it was really popular, with 52 times more people wanting to buy shares than were available.
Today is the last day to invest in the New Swan Multitech IPO, and the company is aiming to raise more than Rs 33 crore.
Wondering about the cost and how many shares to buy?
The price for one share in the New Swan Multitech IPO is between Rs 62 and Rs 66.
They sell these shares in lots of 2000, which means you need at least Rs 1,32,000 to invest. Each person can buy a maximum of one lot.
What is GMP? (Today’s Update on New Swan IPO GMP)
People are talking a lot about the New Swan IPO in the gray market. Currently, the shares are selling for Rs 50 more than the official price.
Experts say that if this continues until the shares are listed, they could be worth more than Rs 110.
If that happens, investors might make a profit of more than 75% on the first day.
Investors are excited, but there’s a small change
The New Swan Multitech IPO started on January 11 and got 52 times more requests than there were shares on the first day. On the second day, it was 59 times.
Surprisingly, on the third day, in just 10.44 minutes in the morning, it got 85 times more interest! This shows a lot of excitement among investors about this IPO.