New Delhi, Sept. 25 -- GK Energy IPO, which garnered significant interest during its bidding period, with subscriptions crossing over 90 times, is set to enter bourses tomorrow, September 26, and is also likely to attract the same enthusiasm as the grey market premium signals a healthy entry for the stock.

According to market sources, the company's shares are commanding a grey market premium of Rs.25 ahead of listing. Based on the company's upper band issue price of Rs.153 and the current GMP, the estimated listing price of the GK Energy IPO stands at Rs.178 per share, 16.33% above the issue price.

The grey market premium represents the expected difference between an IPO's issue price and its anticipated listing price in the unofficial ...