NSE IPO, Sept. 13 -- Following the price band announcement, the grey market premium (GMP) of the mega NSE initial public offering (IPO) has remained between 11-12% roughly, as per websites tracking the unlisted market.

The shares of NSE IPO is commanding a premium of Rs.207 in the grey market. The estimated listing price of NSE IPO is likely to be Rs.1992, which is 11.60% higher than the IPO price of Rs.1785.

Based on grey market trends over the past 10 sessions, the current GMP of Rs.207 suggests a bearish sentiment. During this period, the GMP fluctuated between a low of Rs.192 and a high of Rs.310.

The IPO price band has been set at Rs.1,700 to Rs.1,785 per equity share. The issue will open for eligible investors on September 16, 20...