New Delhi, Sept. 29 -- As the allotment of the Solarworld Energy Solutions IPO concluded, investors' attention has shifted towards the potential listing gains of the stock, which is set to debut on the Indian stock market tomorrow, September 30.
The expected listing gains, gauged through the grey market, suggest that the stock might make a healthy debut. According to market sources, the grey market premium (GMP) for the Solarworld Energy Solutions IPO stands at Rs.38 per share as of today.
This indicates that Solarworld Energy Solutions IPO shares are likely to list 10.25% higher than the upper price band of the issue price of Rs.351 apiece. The grey market premium reflects investors' willingness to pay a premium over the IPO price and ...
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