Phoenix Overseas Limited IPO – GMP, Review, Share Price, Subscription, and Details

1.Phoenix Overseas Limited IPO Overview

The initial public offering (IPO) of Phoenix Overseas Limited is a public issue under the SME board. The subscription window is scheduled to open on Sep 20, 2024 and close on Sep 24, 2024, with the price band fixed at ₹61–64 per equity share.

2.Issue Details at a Glance

3.Bidding, Allotment & Listing Timeline

• Bidding opens: Sep 20, 2024
• Bidding closes: Sep 24, 2024
• Allotment date: TBA
• Listing date: 2024-09-27
• Minimum investment: ₹1,22,000 for 2000 shares
• Registrar: Cameo Corporate Services Limited
• Official document: Download Phoenix Overseas Limited RHP PDF

4.Phoenix Overseas Limited IPO GMP Today

The grey market premium for Phoenix Overseas Limited is currently ₹14 per share — roughly 22% over the upper price band. GMP is an informal, unregulated indicator of listing-day sentiment; it is not published by any exchange and can change before listing, so treat it as sentiment rather than a forecast.

5.How to Apply for Phoenix Overseas Limited IPO

1. 1Open IPOGMPTracker or use your broker's app or net banking ASBA facility.
2. 2Search for "Phoenix Overseas Limited IPO" and select it from the list of current issues.
3. 3Choose your demat account and enter your bid quantity in multiples of the 2000-share lot, at a price within the ₹61–64 band (or bid at cut-off, if eligible).
4. 4Submit the application and approve the UPI mandate request when it arrives — funds stay blocked in your account and are debited only on allotment.

Allotment is expected to be finalised around TBA, with listing tentatively scheduled for 2024-09-27 on BSE and NSE. Once finalised, check your status on the Phoenix Overseas Limited IPO allotment status page.

6.How to Track Subscription & Allotment

• Live subscription: Track QIB, NII and retail bidding on the IPO subscription status page
• Allotment status: Check your application on the IPO allotment status page
• Full IPO details: See dates, lot size, reservation and financials on the Phoenix Overseas Limited IPO page
• More issues: Browse current IPOs, upcoming IPOs and the IPO event calendar

7.Conclusion

Phoenix Overseas Limited opens on Sep 20, 2024 and closes on Sep 24, 2024 at ₹61–64 per share. Read the offer documents in full and consult a qualified adviser before applying — nothing on this page is investment advice.