The grey market is paying a premium, suggesting it could list around ₹170 roughly +33.86% above the ₹127 issue price. This is unofficial and can change daily. Investors applied for 216.63× the shares available. Among the most in-demand IPOs. Your estimated chance of getting an allotment in the retail category is about 1% (very low).
What is GMP? The Grey Market Premium is the unofficial price investors pay to buy the shares before they list. The grey market is paying a premium, suggesting it could list around ₹170 roughly +33.86% above the ₹127 issue price. This is unofficial and can change daily.
* Grey Market Premium is unofficial and non-binding.
What does this mean? Investors applied for 216.63× the shares available. Among the most in-demand IPOs. A higher multiple means more competition, so allotment becomes harder to get.