Upcoming IPOs: When the stock market will open tomorrow after the weekend, two initial public offering (IPOs) — Glenmark Life Sciences and Rolex Rings — will be knocking the doors of both NSE and BSE. According to the market observers, Glenmark Life Sciences IPO GMP and Rolex Rings IPO GMP have already started scaling ahead of its subscription opening date. Here we list out some important details in regard to the two upcoming IPOs:Grey marker premium (GMP)Gelnmark Life Sciences IPO GMP today is ₹580, which is ₹380 higher from its yesterday's share price in the grey market. Price bandGelnmark Life Sciences IPO price has been fixed at ₹695 to ₹720 while the Rolex Ring management is yet to fix its public issue price. Rolex Rings IPO's other details like share allotment date, listing date are expected to become public once the management announces its issue price.
Source: Mint July 25, 2021 08:28 UTC