NSE GMP falls to its lowest level since the IPO announcement. What’s next for the mega issue?
60-Word AI Digest
NSE IPO’s grey market premium has fallen from Rs 192 to around Rs 58, implying a listing premium of just over 3% at the upper price band. The decline comes despite the Rs 22,562-crore issue crossing full subscription on day two.
Key Takeaways
- NSE IPO’s grey market premium has fallen from Rs 192 to around Rs 58, implying a listing premium of just over 3% at the upper price band.
- The decline comes despite the Rs 22,562-crore issue crossing full subscription on day two.
- Full details and original dispatch available below.
NSE IPO’s grey market premium has fallen from Rs 192 to around Rs 58, implying a listing premium of just over 3% at the upper price band. The decline comes despite the Rs 22,562-crore issue crossing full subscription on day two.
Original Publisher Attribution
This summary was curated from Economic Times.