Archean Chemical IPO: What GMP signals after closure of subscription
2 years, 1 month ago

Archean Chemical IPO: What GMP signals after closure of subscription

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Archean Chemical IPO: Bidding for the initial public offering of Archean Chemical Industries Limited ended on Friday and now bidders are eagerly waiting for Archean Chemical IPO allotment date, which is most likely on 16th November 2022. Archean Chemical IPO GMP today Market observers said that Archean Chemical IPO GMP today is ₹80, which is ₹14 higher from its Friday GMP of ₹66. They said that Archean Chemical IPO GMP has risen after change of sentiments on Dalal Street. Market observers maintained that if bull trend continues on Dalal Street, we can expect further rise in Archean Chemical share price in grey market. Market observers said that Archean Chemical IPO GMP today is ₹80, which means grey market is expecting that Archean Chemical IPO listing would be around ₹487, which is around 20 per cent higher from its price band of ₹386 to ₹407 apiece.

History of this topic

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