Value 360 Communications Set for Stock Market Debut Amid Muted Grey Market Signals
Value 360 Communications shares to list today. Here's what GMP signals ahead of debut
The Economic TimesImage: The Economic Times
Value 360 Communications is set to debut on the National Stock Exchange's SME platform today, with grey market signals indicating a 0% premium, suggesting a listing near its issue price of ₹98. Despite a flat market sentiment, the IPO was subscribed 1.20 times overall, driven by strong institutional interest.
- 01Value 360 Communications shares debut today on NSE SME platform.
- 02Grey market premium signals a muted listing at ₹98.
- 03The IPO was subscribed 1.20 times overall, with strong institutional interest.
- 04Company reported improved profitability with a net profit of ₹7.62 crore.
- 05Proceeds will be used for working capital and technology expansion.
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Value 360 Communications is making its stock market debut today on the National Stock Exchange's SME platform, with grey market signals indicating a muted listing at its upper issue price of ₹98. The company's IPO, which raised ₹41.69 crore, was open for subscription from May 4 to May 6 and saw an overall subscription of 1.20 times. The institutional segment showed robust demand, being subscribed 17 times, while retail interest was relatively low at 0.77 times. Financially, Value 360 has shown improving performance, reporting a total income of ₹55.08 crore and a profit after tax of ₹7.62 crore for the period ending January 31, 2026. The company plans to use the fresh capital for working capital needs, technology and infrastructure expansion, debt repayment, and investment in its influencer marketing platform, ClanConnect.
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The muted listing may affect investor sentiment and trading activity for Value 360 Communications, influencing potential future investments in the SME sector.
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