The investment financial institutions set the IPO price based on their assessment of Trader desire. When the giving price is set, the corporation will offer its shares on the underwriters at that price.In the meantime, Mehta Equities expects flat to adverse market debut of Hyundai, citing sluggish undersubscription demand from customers from NII’
What Does what is ipo grey market premium gmp Mean?
Don't subscribe for IPO by just seeing the premium Price as it might change anytime in advance of listing. Subscribe only thinking about the fundamentals of the companies.Study is important: Traders ought to perform thorough research and look at the inherent risks linked to the grey market when building conclusions.“Hyundai’s IPO currently bein