NSE IPO Shows Rs 111 GMP, Indicating 6.22% Listing Gain
The NSE IPO's grey market premium (GMP) stands at Rs 111, signaling a potential 6.22% gain on listing. The IPO was fully subscribed by the second day, driven by strong institutional investor demand. Despite shares being tendered in the offer-for-sale, existing shareholders retain a significant stake. The price band and subscription dates have been closely watched by investors.
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