MAINBOARD WEAK

Pinnacle Electronics Industries Limited

₹537–570 · Lot Size 25 shares

GMP₹11.4 +2.0%
QIB Subscription0.49x
NII Subscription0.14x
Retail Subscription0.65x
Open Date2025-10-24
Close Date2025-10-27
Allotment Date2025-10-29
Listing Date2025-10-31

Pinnacle Electronics Industries Limited is a company operating in the pharma space, focused on formulation and API manufacturing for domestic and export markets. The issue comprises a mix of fresh issue and offer for sale, with proceeds earmarked for working capital, debt reduction, and general corporate purposes.

Price band: ₹537–₹570 per share · Lot size: 25 shares.

Subscription so far — QIB: 0.49x, NII: 0.14x, Retail: 0.65x. Grey Market Premium is currently around ₹11.4 (+2.0% over the upper price band).

Subscription numbers have stayed muted through the bidding window and the grey market isn’t pricing in a listing pop. This is a name to review carefully rather than apply on sentiment alone.

This review is for informational purposes only and is not investment advice. Please read the red herring prospectus and consult a financial advisor before applying.

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LPO News is an information platform. GMP and subscription figures are sourced from public / grey-market data and are indicative only — not investment advice or a recommendation to buy or sell. Please do your own research before investing.