Is it a good Idea to go for Phoenix Overseas IPO?

11°
Deal Lieutenant
prodime17
Phoenix Overseas IPO opens for subscription on September 20, 2024 and closes on September 24, 2024. The allotment for the Phoenix Overseas IPO is expected to be finalized on Wednesday, September 25, 2024. Phoenix Overseas IPO will list on NSE SME with tentative listing date fixed as Friday, September 27, 2024.
IPO Date September 20, 2024 to September 24, 2024
Listing Date [.]
Face Value ₹10 per share
Price Band ₹61 to ₹64 per share
Lot Size 2000 Shares

GMP is ₹10
Expected Return is 15.62%.

Company's Numbers arent good but who knows, might turn out better for the company and investors.
Do you agree?

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