Posted 11/27/2023, 10:16:05 PM
Strong Grey Market Premiums Signal Hot IPO Listings for Tata Tech, IREDA, Gandhar Oil and Flair Writing
- IPOs like Tata Technologies, IREDA, Gandhar Oil Refineries, and Flair Writing Industries are set to list at a significant premium over their IPO prices based on grey market buzz
- Tata Technologies IPO price was Rs 500 and grey market premium is Rs 400-410, about 80% over IPO price
- IREDA IPO price was Rs 31 and expected to list around Rs 40-42, about 30% over IPO price
- Gandhar Oil IPO price was Rs 169 and grey market premium is about Rs 75, around 45% over IPO price
- Flair Writing Industries IPO price was Rs 304 and grey market premium is Rs 85, implying listing price of Rs 385-390