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NSE IPO GMP Slides to Rs 43 Ahead of Listing, Grey Market Signals Modest Gains on Market Debut

NSE IPO GMP Slides to Rs 43 Ahead of Listing, Grey Market Signals Modest Gains on Market Debut
Photo: Free Press Journal · view original

Mumbai: The National Stock Exchange (NSE) IPO grey market premium has declined sharply ahead of its scheduled stock market listing on September 24. The latest unofficial market data placed the NSE IPO GMP at around Rs 43 per share on Wednesday. Based on the upper issue price of Rs 1,785, the prev...

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