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livemint_markets2 days ago
BEARISH(90%)
sell

IPOs Today LIVE: Sai, Amir Chand, Powerica, to CMPDI IPO open today. GMP, subscription status, price band. Apply or not?

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-2.4
Market Impact Score
-100 Bearish+100 Bullish

AI Analysis

The primary market continues to offer new listings, providing avenues for capital raising and investment. However, the subdued grey market sentiment suggests caution for new issues.

Trading Insight

For IPOs, focus on company fundamentals and long-term growth prospects rather than short-term listing gains, especially with weak GMP.
Quick check: MARUTI bearish bias (oversold), TATAMOTORS bearish bias (oversold).

Key Evidence

  • On March 24, 2026, several IPOs launched, including Amir Chand Jagdish Kumar (Exports) Ltd, Powerica Ltd, and Sai Parenteral's Ltd.
  • The CMPDI IPO is also ongoing.
  • The overall sentiment in the grey market remains primarily sluggish.
  • CMPDI IPO was subscribed 10% so far on Day 2 (as per online context).
  • Risk flag: Sluggish grey market premium (GMP) indicates potential weak listing performance.

Affected Stocks

Amir Chand Jagdish Kumar (Exports) Ltd
Mixed

IPO open for subscription, but grey market sentiment is sluggish.

Powerica Ltd
Mixed

IPO open for subscription, but grey market sentiment is sluggish.

Sai Parenteral's Ltd
Mixed

IPO open for subscription, but grey market sentiment is sluggish.

CMPDI
Mixed

IPO is ongoing, with 10% subscription on Day 2, but grey market sentiment is sluggish.

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