Check Latest IPO Grey Market Premium (GMP)

The Grey market premium (GMP) is the price at which shares of an IPO are traded in the grey market. It is a percentage premium that is associated with the buyer and seller. A high GMP means that buyers are ready to buy XYZ shares at Rs 540 + 500 = Rs 1040. A low GMP means that sellers are willing to sell ABC shares at a discount of Rs 5. It is a good idea to check the GMP before buying shares in an IPO.

Learn How To Start Check Latest IPO Grey Market Premium (GMP)

The Premium CarTrade IPO GMP remains in the range of Rs 200 to 250. This suggests that the grey market expects a moderate to good listing gain. Meanwhile, the MTAR Technologies shares are trading at a premium of Rs 450. This implies a listing price of Rs 1,025 and an issue price of around Rs 575. By checking the IPO GMP, investors will be able to determine the best time to buy and sell a share of an IPO.

The Premium CarTrade IPO GMP remains unchanged in the range of Rs 200 to 250. This indicates that the grey market expects a moderate to fair listing gain. For example, MTAR Technologies shares are trading at a premium of Rs 450 per share, suggesting that the issue price is Rs 575, which is well below the IPO GMP of Rs 550. The Grey Market Premium has an effect on the IPO listing price and listing gain.

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