IPO Subscription Shows Promise, But Grey Market Premium Suggests Flat ListingDefault Banner

IPO Subscription Shows Promise, But Grey Market Premium Suggests Flat Listing

Writer
Shivani Nyati
Status
Online
Timer
November 21, 2024

Shivani Nyati, Head of Wealth at Swastika Investmart Ltd, mentioned that although the IPO has garnered a reasonable subscription rate of 1.87 times, the current grey market premium (GMP) of 0% suggests the possibility of a flat or even negative listing.

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