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NSE IPO GMP declines marginally as subscription begins next week - Check key details

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Core Development: NSE IPO GMP declines marginally as subscription begins next week - Check key details
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The grey market premium (GMP) for the National Stock Exchange (NSE) IPO declined marginally on Friday, with the public issue set to open for subscription next week.

According to platforms tracking grey market activity, NSE shares are commanding a GMP of 10-11 percent.

Investorgain quoted a GMP of Rs 180, indicating a listing gain of 10.08 percent. IPO Watch, meanwhile, quoted a GMP of 10.53 percent.

Earlier this week, the GMP was Rs 285 until Monday, ahead of the announcement of the price band, indicating a listing gain of 15.97 percent, according to IPO Watch.

The NSE IPO will open for subscription on September 17.

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Official Publisher Attribution: This report is aggregated from Moneycontrol. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.
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