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After strong IPO response, Sanstar shares to debut tomorrow. Here's what GMP suggests
After a robust subscription to the IPO, the shares of Sanstar will debut on the exchanges on Friday. Ahead of the listing, the company's shares are trading with a GMP of Rs 30 in the unlisted market.
Mint20d
Quality Power IPO listing date on Monday. GMP signals positive debut of shares debut despite weak stock market bias
However, stock market experts said that the grey market is not an ideal indicator of possible listing gain from an IPO. They advised ... company's financials. So, GMP should not be taken seriously ...
The Financial Express1mon
Hexaware Tech IPO GMP muted: Experts raise valuation concerns
it is important to note that GMP is not an official indicator of listing, as market sentiment can change. As of now, the IPO has been subscribed 0.01 times, with the retail category seeing a 0.02 ...