Burger King premium reaches 75% in gray market before listing

0
3
Burger King premium reaches 75% in gray market before listing
new Delhi : The premium on Burger Kink’s share in the gray market has reached 75 percent. This stock can be listed on the stock market with a great premium. Analysts say that the company has not kept much of the share price in the IPO. This is the reason why its premium is much higher in the gray market.

According to the dealers of gray market, a premium of Rs 43-45 is running on this stock. Unlisted shares are traded in the gray market. The company’s issue was opened on 2 December. It was closed on 4 December. Investors have shown great interest in this issue. This is the reason why this issue has been subscribed 354 times.

Burger King’s issue is the third most subscribed issue this year. Earlier, investors had shown great interest in the IPO of Happiest Minds and Manjhgaon Dock. Analysts had advised investors to invest in this issue.

Read also:
Sensex and Nifty at record highs, how to earn profits?

After the allotment of shares on December 9, the refund process will start on Thursday. Investors who will get shares in this issue will be put in their demat account till Friday. The stock is expected to be listed on the stock markets on Monday, December 14.

Investors who have invested in this issue can check the subscription status on the link Intime India website. Link Intime is the registrar for this issue. Registra processes all applications from investors received in IPOs. That allotment process of shares is also complete.

Learn about the states on Link Intime’s website
Link you to the website of Intime India (
https://linkintime.co.in/MIPO/Ipoallotment.html)will go on. On this you will have to choose an IPO. Only after the allotment process is completed will it show the name of the company whose shares you have invested in. You have to enter your PAN or Application ID or Client ID or DP ID.

You can also check allotment on BSE website
You can also do this work from BSE website. For this, you have the website of BSE (
https://www.bseindia.com/investors/appli_check.aspx) will go on.

Like our Facebook page for regular updates on personal finance and stock market in Hindi. To like this page
click here.

.

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here