Sati Poly Plast SME IPO Details

Current GMP: ₹50 (as of July 11th, 2024, 5:25 PM)
Price Band: ₹123 – ₹130
Estimated Listing Price (based on GMP): ₹180 (price band cap + GMP)
Expected Gain (based on GMP): 38.46%

Important Points to Consider:

Grey Market Premium (GMP) is Unofficial: The GMP is an unofficial indicator of potential listing price and is not always accurate.
Subject to Sauda: The retail portion of the IPO may be subject to a lottery system (“Sauda” in Hindi).
Past Performance Doesn’t Guarantee Future Results: Past GMP trends don’t guarantee a strong listing.

Overall, the high GMP suggests there’s some investor interest in the IPO. However, relying solely on GMP for investment decisions is risky. It’s important to carefully consider the company’s financials, business model, and overall market conditions before investing.

Here are some additional things to consider before investing in the Sati Poly Plast SME IPO:

Review the IPO prospectus for detailed financial information and risk factors.
Research the company’s industry and future prospects.
Consider your investment goals and risk tolerance.

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