NSE IPO Grey Market Premium at 3% on Day 3
On the third day of the NSE IPO, the grey market premium (GMP) stands at 3%. The IPO has seen a subscription rate of 1.04 times on the final day. Despite significant tendering in the offer-for-sale, shareholders continue to retain a substantial stake. The IPO is valued at around Rs 10,000 crore, with historical data suggesting caution for investors.
The Times of India·


