Initial public offering (IPO) of GK Energy oversubscribed by a factor of 2.57 on its first day; current gre Grey Market Premium (GMP) and allotment date detailed here
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SEBI has made a change in the process of transferring securities from nominee to legal heir, but the details of the change are yet to be disclosed.
In the world of IPOs, GK Energy Limited's initial public offering (IPO) is creating buzz, but key details such as the allotment date, listing price, subscription dates, and the book running lead manager remain undisclosed. The grey market premium (GMP) for GK Energy's IPO currently stands at Rs 25. The IPO will be listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). IIFL Capital Services and HDFC Bank have been appointed as the book running lead managers for the IPO on the NSE, while MUFG Intime India Pvt. Ltd. has been named as the registrar.
GK Energy's IPO GMP suggests a promising start, but potential investors should note that the price band for the IPO is yet to be announced. The IPO's listing date is also unknown at this time.
Elsewhere, the Ministry of External Affairs (MEA) has issued an advisory on fake job offers in Iran for Indians. Meanwhile, India has imposed import restrictions on a certain chemical until September 2026, but the specific chemical remains undisclosed.
In other news, Donald Trump has announced a USD 100,000 H1-B visa fee, but the potential impact on Indian workers in the US is yet to be determined.
The partnership between TCS and NVIDIA has been announced, but the article does not elaborate on how it could assist retailers. HUDCO has signed an MoU with NBCC for multi-city construction projects, but the specific projects are yet to be disclosed.
The article was updated on September 19, 2025, and sourced from ET Now Digital. The article does not provide any information about the foreign exchange reserves of India. No prior information about the GK Energy Limited's IPO was provided in the text. The status of Saturday Bank Holiday for lenders on Sep 20, 2025, is not mentioned in the article.
Stay tuned for more updates as we continue to monitor these developments.
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