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Vedant Fashions IPO: What GMP signals ahead of February 16 listing

Shares of Vedanta Fashions, which owns the famous Manyavar brand, will make their market debut on February 16.
The stock is likely to mark a flat listing, its grey market premium (GMP) suggests a day ahead of opening. GMP of the stock stood at minus Rs 2 today which signals that the share will likely make its debut at Rs 864 on BSE.
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