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Should you invest in IPO by watching grey market premium?
Just like market participants take clues from SGX Nifty and not trade in it, IPO applicants takes cues from GMPs for listing-price anticipation
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Easy Trip Planners IPO opens on Monday: here’s all you need to know
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.
