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For those interested in trading and keeping track of the market updates, ‘grey market’ is a familiar term. In simple terms, a grey market is a place where trading takes place unofficially before the listing of a scrip in the secondary market. In this market, a company’s share is offered and bid un ....
The initial public offering (IPO) of the insurance behemoth Life Insurance Corporation (LIC) was subscribed fully in the first hour of bidding on day three on Friday. The Retail Individual Investor (RII) category garnered over 7.2 crore bid, as against 6.9 crore shares set aside for this segment, as ....
Shares will be available in a price band of Rs 902- Rs 949 during the IPO. With GMP at Rs 85, the stock is likely to make its market debut at (Rs 949 plus Rs 85) Rs 1034 per share. ....