GConnect Logitech IPO Day 3: GMP, price, subscription status, other details of BSE SME IPO in 10 points

GConnect Logitech IPO: The initial public offering (IPO) of GConnect Logitech and Supply Chain Limited has hit the Indian primary market this week. It will remain open till 28th March 2024. The company has fixed the GConnect Logitech IPO price band at ₹40 apiece. The fixed price issue is proposed for listing on the BSE SME platform and the company aims to raise ₹5.60 crore from this fixed price offer. meanwhile, on the GConnect Logitech IPO subscription opening date, shares of the company are trading at par in the grey market today. As per the GConnect Logitech IPO subscription status, the book build issue has received strong subscriptions from primary market investors.

Important GConnect Logitech IPO details

1] GConnect Logitech IPO GMP: Shares of the company are trading at par in the grey market, which means GConnect Logitech IPO GMP today is zero, say stock market observers.

2] GConnect Logitech IPO price: The company has a fixed price band of the IPO at ₹40 per share.

3] GConnect Logitech IPO date: The fixed price issue has opened today and it will remain open till 28t5h March 2024.

4] GConnect Logitech IPO subscription status: On the third day, the issue has been subscribed 55.21 times, so far, at 16:13 IST, according to chittorgarh.com. The retail portion was booked 67.60 times and Non-Institutional Buyers was subscribed 42.68 times. 

The company received bids for 7,32,03,000 shares against 13,26,000 shares on offer, at 16:13 IST, according to data on chittorgarh.com.

On day 1, the issue was subscribed 2.70 times, and day 2 was booked 8.64 times. 

5] GConnect Logitech IPO size: The company aims to raise ₹5.60 crore from this fixed price issue.

6] GConnect Logitech IPO lot size: A bidder will be able to apply in lots and one lot of the issue will comprise 3,000 company shares.

7] GConnect Logitech IPO allotment date: Share allocation is most likely on 1st April 2024 i.e. on Monday next week.

8] GConnect Logitech IPO registrar: KFin Technologies has been appointed as the official registrar of the fixed price issue.

9] GConnect Logitech IPO listing: The fixed price issue is proposed for listing on the BSE SME platform.

10 GConnect Logitech IPO listing date: The BSE SME IPO will list on 3rd April 2024.O