Vishal Nirmiti IPO grey market premium rises to 9.09%
In short
Vishal Nirmiti’s IPO was trading at a grey market premium of Rs 20, or 9.09%, above the top of its price band on day 3.
That suggests investors expect a listing gain. The official subscription numbers and final listing result are not stated in the available reporting.
What the reporting says
Vishal Nirmiti’s IPO is trading at a grey market premium of Rs 20, or 9.09% above the upper end of its price band, according to an Economic Times Markets summary during day 3 of the issue. The report says this points to expectations of a premium listing, but it does not state official subscription data in the provided material. The final listing outcome remains unknown.
Why it matters
Vishal Nirmiti’s IPO was quoted at a Rs 20 grey market premium, or 9.09% above the upper price band, in an Economic Times Markets summary on day 3. The market signal suggests demand for the issue may be ahead of the listing, but the provided material does not include official subscription figures, the offer size, or the final listing price. The actual outcome remains unknown.