grey market premium

Muthoot Microfin listing: Muthoot Microfin shares to list on Tuesday. What GMP signals ahead of listing?

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Muthoot Microfin listing: Muthoot Microfin shares to list on Tuesday. What GMP signals ahead of listing?

Muthoot Microfin listing: The shares of Muthoot Microfin will likely get listed on the exchanges on December 26. Ahead of the listing, the company’s shares are commanding a premium of Rs 26 in the unlisted market.Considering the upper price band of Rs 291, the company’s shares are expected to list with a mild premium of … Read more

Explained: What is Grey Market Premium and how shares trade in the grey market

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Explained: What is Grey Market Premium and how shares trade in the grey market

Last week, the initial public offering (IPO) market in India experienced a flurry of activity with the launch of IPOs by five companies, including Tata Technologies, Ireda, Flair Writing Industries, and Gandhar Oil Refinery. This surge in IPOs has sparked conversations about the grey market and grey market premium (GMP). Let us delve into what … Read more