Leela Hotels IPO GMP, Grey Market Premium
The Leela Hotels IPO GMP is Rs 12 per share. You can check the latest GMP price online and the reliable GMP from the first day of the subscription. If the subscription gets oversubscribed, then Leela Hotels IPO GMP may rise.
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What is an IPO GMP?
IPO GMP, full form is Initial Public Offering Grey Market Premium. It refers to the premium price at which shares of the upcoming IPO are getting traded. IPO GMP gives an idea to the investors of the official IPO listing price.
The grey market is an unregulated platform where traders buy IPO shares based on demand and supply and aim for listing gains. The IPO GMP indicates market sentiments and expectations of the upcoming IPO.
A high IPO GMP indicates strong interest of investors and expectation of positive listing in the stock exchange. Whereas, low IPO GMP indicates lack of interest of the investors. However, IPO GMP is very speculative and doesn’t guarantee actual listing outcomes