Shreenath Paper Products IPO Allotment Today: GMP Signals Modest Gains on Debut

Investors eagerly await the Shreenath Paper Products IPO allotment, scheduled for today, March 3, 2025. The ₹23.36 crore SME issue, priced at ₹44 per share, saw retail investors oversubscribe 1.18 times. The Grey Market Premium (GMP) stands at ₹3-5, indicating a potential 7-11% listing gain. Applicants can check their allotment status on the BSE website or through Bigshare Services, the registrar. With shares set to list on the BSE SME platform on March 5, 2025, market watchers anticipate a modest but positive debut for this paper products manufacturer.

 

Sources: Economic Times, Moneycontrol, Alice Blue, IPO Watch