Antony Waste Handling Cell IPO grey market premium falls 81%

Antony Waste Handling Cell IPO grey market premium falls 81% in two days


Antony Waste Handling Cell IPO grey market premium falls 81% in two days
GMP of Antony Waste IPO has slipped from around Rs 160 to the range between Rs 26 and 30 today
BusinessToday.In | December 23, 2020 | Updated 19:22 IST
Antony Waste Handling Cell initial public offering (IPO) has received decent response on the third day as the issue was subscribed 14.87 times on the third day of share sale on December 23.
The grey market premium (GMP) of Antony Waste Handling Cell IPO has fallen by at least 81% during the last two days amid highly volatile market movement.  GMP of Antony Waste IPO has slipped from around  Rs 160 to the range between  Rs 26 and 30 today. The falling GMP signals that the stock of India's second-largest municipal solid waste management (MSW) firm is likely to see a weak listing on January 1. Price band for the IPO was fixed at Rs 313-315 per share.

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