Vishal mega mart gmp: Vishal Mega Mart IPO GMP

Vishal Mega Mart IPO GMP: According to market observers, shares of the hypermart company are available at a premium of ₹24 in the grey market today Vishal Mega Mart has set the price band for its Rs 8,000-crore initial public offering (IPO) at Rs 74-78 per share, with the grey market premium (GMP) hovering around 15 percent ahead of the ... Vishal Mega Mart IPO price band is set at ₹74 to ₹78 per share. The issue is entirely an offer-for-sale (OFS) of 102.56 crore equity shares. At the upper-end of the price band, Vishal Mega ... The subscription for the Vishal Mega Mart IPO aligns with the grey market trends. The unlisted shares of Vishal Mega Mart were trading at Rs 94 apiece, reflecting a grey market premium (GMP) of Rs 16 or 20.51 per cent per share over the upper end of the IPO price band of Rs 78. However, today’s GMP for the IPO has dropped from Rs 21 recorded on December 11, when the issue opened for public subscription.