I know very little about the gray-market. 1. from my knowledge gray-market is open for the first 30mins on the listing day, correct? or will it be open from IPO close date till listing date? 2. How did you get this information? are you a trader too?
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September 20, 2022 10:55:10 AM
IPO Mentor (700+ Posts, 500+ Likes)
Grey market premium is a premium of particular stock to be listed.It shows demands for the stock.It is not something that trades 45 mintues or something like that.A stock with gmp is traded with trust through ntermediary like local brokers out there.Premium of stock shows people's interest into it it often starts with the final announcement of ipo and trades till the stock is listed.
I'm in my 20s started stock market as an active investor and trader,I get to know about latest gmp by local broker.
Today again Adani Group in limelight. Adani Port on all time high. Power Mech, Data Pattern, Eicher, Adani Ports and Adani Wilmer and Solar Industries, a few on top. Aptus is improving. CPSEETF is also going great.
For the purpose of capital gain calculation which date is buy date for shares alloted in IPO. Issue closing date/ allotment date/ demat credit date/ listing date.
OYO-Oravel Stays Limited has filed addendum to DRHP to SEBI today Fresh issue: 70000 Million shares OFS: 14300 Million shares Equity shares of Face value:1rs Registrar: Linkintime