NSE IPO: GMP on fire even without price band announcement - Check latest rate today, expected allotment, listing date
NSE IPO, Sept. 7 -- The initial public offering (IPO) of the National Stock Exchange (NSE), finally received the SEBI's approval to launch its mega issue worth Rs.30,000 crore. The exchange received the market regulator's approval after nearly a decade of waiting. After the NSE IPO news of SEBI's nod to launch its long-awaited public issue made the grey market active, and it started showing a premium within a few minutes of the news break.
The IPO Watch website started showcasing a Rs.200 premium within a few minutes of the NSE IPO news about SEBI's not to its mega Rs.30,000 crore public offer. This means NSE IPO GMP (Grey Market Premium) on Friday was Rs.200. However, the IPO Watch is showing the NSE IPO GMP at Rs.285 today. This means,...
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