NSE GMP Falls to Its Lowest Level Since the IPO Announcement. Is the Listing Pop Fading?

NSE GMP falls to its lowest level since the IPO announcement. Is the listing pop fading?

NSE IPO’s grey market premium has fallen from Rs 192 to around Rs 58, implying a listing premium of just over 3% at the upper price band. The decline comes despite the Rs 22,562-crore issue crossing full subscription on day two.

NSE IPO GMP crashes over 60 pc from peak ahead of Dalal Street debut

Mumbai, Sep 19 (SocialNews.XYZ) The initial public offering (IPO) of National Stock Exchange of India (NSE) - which was opened for subscription on Thursday - witnessed a substantial decline in its grey market premium (GMP)... - Social News XYZ