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IPO GMP Explained: Simple Guide for Beginners
What Is IPO GMP? Grey Market Premium (IPO GMP) is the extra price investors are willing to pay for IPO shares before they are officially listed. Example: Issue Price: ₹850 GMP: ₹300 Expected Listing: ₹1150 It shows market demand and expected listing performance. How IPO GMP Works IPO GMP operates in an unofficial market where deals happen through dealers and personal networks. It is...
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