Why Hyundai India’s GMP crashed 76% even as market awaits India’s biggest IPO
The grey market premium (GMP) of Hyundai India continues to slide ahead of the issue opening next week. The company’s shares are currently commanding a GMP of around Rs 139, indicating a marginal premium of 7% over the issue price. The IPO, which is a complete offer for sale (OFS) of 14.2 crore shares by … Read more