Ethos IPO: Shares of Athos Limited are all set to hit Dalal Street on Monday as the BSE notice made it clear that the Ethos IPO listing date is May 30, 2022. As per the information available on the BSE website, the equity shares of Ethos Limited will be listed and listed on ‘B’ group of securities in a Special Pre-Open Session (SPOS) on Monday, May 30, 2022 for transaction on the Exchange. was admitted. According to stock market analysts, there may be a positive listing in the shares of Athos. However, the sentiment is still negative in the gray market. As per market observers, Ethos Limited shares are available at a discount of 5 in the gray market today.
ethos ipo gmp today
According to market experts, ethos ipo gray market premium (GMP) today minus . Is 5 means gray market is expecting Ethos IPO listing 873 ( 878 – 5). Therefore, the gray market is expecting a discounted listing of Ethos shares.
However, stock market experts said that the gray market is not an ideal indicator about the expected listing of the IPO as it is a non-official and non-regulated data, which has nothing to do with the balance sheet of the company.
ethos ipo listing price
Anticipating a positive listing of Ethos Shares, Ravi Singhal, Vice Chairman, GCL Securities said, “Athos Limited Shares may have a positive listing on Monday and may list around in case of bears. 885 to At 900 level while in bull market, Ethos shares may get listed around 920 to 930 each level.”
Speaking on the Ethos IPO listing, Ravi Singh, Vice President and Research Head, Share India said, “If we compare with the performance of the company over the past one year, the Ethos issue price looks expensive. From the current market conditions and valuations, suggests that the IPO may happen. List around the issue price or at a nominal discount. Investors can book their positions and wait for short term gains or to re-enter lower levels till market sentiments stabilize. can.” He said that a lot will depend on what kind of opening the stock market does on Monday.
Disclaimer: The views and recommendations given above are those of individual analysts or broking companies and not of Mint.