IPO GMP GREY MARKET PRICE SECRETS

In this sort of settlement, the customer and vendor of IPO shares enter into a deal based on the expectation which the IPO shares will execute perfectly on listing.At the higher conclusion with the price band, on FY 24 earnings, the stock need to trade at 26x moments which can be a fair price as compared to its closest peer Maruti Suzuki (29x FY 24