Ahead of the listing, the IPO is commanding a grey market premium (GMP) of -Rs 51, implying a 6.31% discount to the upper price band of Rs 808 per share. Based on the current GMP, the estimated listing price is around Rs 757, suggesting a weaker-than-expected market debut.
Ahead of the listing, the IPO is commanding a grey market premium (GMP) of -Rs 51, implying a 6.31% discount to the upper price band of Rs 808 per share. Based on the current GMP, the estimated listing price is around Rs 757, suggesting a weaker-than-expected market debut.
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