At the issue price of Rs 954, the issue looks fully priced. However, due to bullish sentiments, we may see IPO garnering good subscription.
High sentiment in primary markets may emanate in listing gains but for the long term, it would be worthy to watch for future performance
Ahead of the public issue, the issue is quoting at a premium of Rs 225-250 per share offering 40-45% premium over the offer price. Most brokerage hous
Ahead of the IPO, the issue is quoting at a GMP (grey market premium) of Rs 165 per share offering close to 90% premium over the offer price.