Central Mine Planning IPO: Issue receives tepid response on Day 01, subscribed 0.07 times; GMP signals flat listing

+40

Market Impact Score

-100 Bearish+100 Bullish

AI Analysis

IPO subscription rates are a key indicator of investor sentiment. A weak response can dampen enthusiasm for other upcoming public issues.

Avoid pre-IPO grey market premiums for this stock; be selective with other IPOs.

•Central Mine Planning & Design Institute's IPO subscribed only 0.07 times on Day 1.
•The offer is entirely an OFS with a price band of ₹163 to ₹172 per share.
•GMP signals a flat listing.
•Risk flag: Overall market sentiment for IPOs
•Risk flag: Valuation concerns for new listings

Central Mine Planning & Design Institute

Negative

IPO received a very weak subscription on Day 1 and GMP signals a flat listing, indicating low investor interest.

Sectors:metals

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