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Market Dynamics: Deciphering IPO Success with GMP Insights

Estimated reading time: 2 minutes

Investors keen on navigating the stock market often look to Initial Public Offerings (IPOs) as a promising avenue for potential returns. One key metric that aids in assessing the market’s perception of an IPO is the Grey Market Premium (GMP). Let’s delve into the GMP of current and upcoming IPOs to gain insights into investor sentiment.

1. ESAF Small Finance Bank IPO:

  • Price: 60
  • IPO GMP & GMP%: 22-37%

ESAF Small Finance Bank’s IPO comes with a GMP ranging from 22% to 37%, indicating a positive market sentiment. Investors are showing confidence in the bank’s potential, as reflected in the Grey Market Premium.

2. Ask Automotive IPO:

  • Price: 282
  • IPO GMP & GMP%: 52-18%

Ask Automotive’s IPO is marked by a GMP fluctuating between 52% and 18%. The varying premium suggests a dynamic market response, with investors closely monitoring developments related to the automotive company.

3. Protean eGov Technologies IPO:

  • Price: 792
  • IPO GMP & GMP%: 82-10%

Protean eGov Technologies stands out with an impressive GMP ranging from 82% to 10%. This suggests a strong interest and potential anticipation of significant market demand for the technology-focused IPO.

4. Tata Technologies IPO:

  • Price: TBA
  • IPO GMP: 270

Tata Technologies, with its IPO yet to be priced, has already garnered a substantial GMP of 270. This indicates a high level of investor interest and confidence in the upcoming offering from the renowned Tata group.

5. Gandhar Oil Refinery IPO:

  • Price: TBA
  • IPO GMP: 20

Gandhar Oil Refinery’s IPO, although awaiting pricing details, holds a GMP of 20. This suggests a moderate market premium, and investors are likely to keep a close watch on further developments.

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