IPO Grey Market Premium (GMP) is the additional price at which IPO shares are traded in the unofficial market before official listing. It is a strong indicator of market sentiment and gives investors an idea of the possible listing gain.
GMP provides investors with an early outlook on how the IPO might perform when listed. It reflects demand among investors even before the shares hit the stock exchanges.
While IPO GMP is useful, it is not an official metric. Prices can fluctuate heavily due to speculation and grey market trading is not regulated by SEBI.
| Stock / IPO | IPO GMP | Price | Approx Gain | Date | Type | Subscribed |
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