Stay updated with the latest on Phoenix Overseas IPO GMP (Grey Market Premium). We provide live data and key information to help you make informed investment decisions.
Phoenix Overseas IPO GMP Overview
- IPO Open Date: September 20, 2024
- IPO Close Date: September 24, 2024
- Price Band: ₹61 to ₹64 per share
- Issue Size: ₹36.03 Crores
- Listing Date: September 27, 2024
- Lot Size: Minimum 2000 shares(₹128,000)
Phoenix Overseas IPO GMP Live Rates
| Dates | IPO GMP |
|---|---|
| September 27, 2024 | ₹15(23%) |
| September 26, 2024 | ₹40(62%) |
| September 25, 2024 | ₹40(62%) |
| September 24, 2024 | ₹30(47%) |
| September 23, 2024 | ₹25(39%) |
| September 22, 2024 | ₹25(39%) |
| September 21, 2024 | ₹25(39%) |
| September 20, 2024 | ₹10(16%) |
| September 19, 2024 | ₹10(16%) |
| September 18, 2024 | ₹10(16%) |
| September 17, 2024 | ₹10(16%) |
| September 16, 2024 | ₹10(16%) |
IPO Timeline
| Events | Date |
|---|---|
| IPO Open Date | September 20, 2024 |
| IPO Close Date | September 24, 2024 |
| Basis of Allotment | September 25, 2024 |
| Refunds | September 26, 2024 |
| Credit to Demat Account | September 26, 2024 |
| IPO Listing Date | September 27, 2024 |
About Phoenix Overseas
Phoenix Overseas Limited, based in West Bengal, actively trades and markets animal feed and a wide range of agricultural products. These products include corn, oil cakes, and spices such as dry red chilies, coriander, and cumin seeds. Additionally, the company trades food grains like rice, wheat, corn, and sorghum, along with pulses and agricultural feed such as soybean meal and rice bran de-oiled cake. Phoenix Overseas also imports lentils, black urad dal, and tur dal in bulk for the Indian market, while establishing a strong presence in Bangladesh and other Asian countries. Notably, as of October 1, 2023, the Ministry of Commerce and Industry, India, has recognized the company as a Three Star Export House, a recognition valid for five years.
Beyond its agricultural ventures, Phoenix Overseas manufactures bags and fashion accessories from jute, cotton, canvas, and leather. They design products such as purses, wallets, and shopping bags for clients across European countries like France, Italy, and Germany, as well as the UAE and Australia.
Additionally, Phoenix Overseas operates in the B2B sector, dealing primarily in corn, maize, and oil cakes. The company maintains stock and distributes these products to various institutional buyers. With a state-of-the-art manufacturing facility in Sodhpur, Kolkata, and years of experience, Phoenix Overseas consistently delivers high-quality products at competitive prices, enhancing its reputation in the global import-export market.
Disclaimer
- The Grey Market Premium (GMP) mentioned for (Phoenix Overseas IPO GMP) is applicable only for the specific date provided.
- We do not engage in the buying or selling of IPO forms on the grey market.
- Please do not base your IPO subscription decision solely on the premium price, as it may fluctuate. Always consider the company’s fundamentals before investing.
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