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The company made its debut on National Stock Exchange (NSE) at Rs 845 while on the other hand, it opened on Bombay Stock Exchange (BSE) at Rs 848 apiece levels.
The allotment of shares will be probably finalized by December 7,2021, while the firm will be listed on BSE and NSE on December 10.
Several reports in the media, claimed that these companies had submitted the required documents for IPO with SEBI between May and August.
Sometimes, this IPO comes in handy for GMP investors and sometimes it doesn't work. The gray market premium of any IPO only indicates the sentiment of the investors.
The situation is that till now the investors who used to invest money in liquid funds for a few days are now choosing overnight funds.