The grey market premium (GMP) for the latest IPOs has been updated, providing insights into the potential listing gains. Here’s the breakdown of the latest IPO GMP for Hyundai Motor and Garuda Construction.
Garuda Construction and Engineering IPO GMP
- IPO Price: ₹95
- Grey Market Premium: ₹0
- Potential Gains: 0%
Garuda Construction and Engineering IPO shows no premium in the grey market, indicating minimal or no potential gains on listing.
Hyundai Motor IPO GMP
- IPO Price: ₹1960
- Grey Market Premium: ₹65
- Potential Gains: 3%
Hyundai Motor’s IPO is trading with a modest grey market premium of ₹65, signalling a low % potential gain of 3% upon listing.
While the grey market premium for these two IPOs shows limited gains, investors are advised to track market movements closely for further updates.
Tags: IPO, Hyundai Motor IPO, Garuda Construction IPO, Grey Market Premium, IPO Listing Gains, Stock Market News
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