IPO Details - Pipavav Shipyard Limited

[Rajeev S]

Thanks for the Info on IPO - Matrix.

I was reading in one of the website about IPO Grey Market Price. You have any idea about IPO Grey Market Price? What is it? How it works?

[Master]

Thanks for the Info on IPO - Matrix.
I was reading in one of the website about IPO Grey Market Price. You have any idea about IPO Grey Market Price? What is it? How it works?

Grey Market for IPO exists in Gujarat. How it operates nobody know.

[rohit]

How it operates nobody know.

Grey markets (GreyMarket or GMP) work in two ways in India. It decide the premium of an IPO which is not yet listed in Stock Exchange and it also allows investors to sell there application or allocated stocks at certain premium before they list.

[Deep Blue]

Day 1 - Final figure
Q I B : 2.8264 TIMES
H N I : 7.5347 TIMES
RETAIL : 0.8828 TIMES
EMPLOYEE : 0.0352 TIMES

I think we have to go for this IPO for listing gains. Your views guys.

[Deep Blue]

Some Ratings on this IPO by experts -
Business Line - Avoid.
Angel Broking - Avoid.
SPA Securities - Subscribe.

[VarunD]

Even after giving avoid rating by above experts, It got subscribed by 3.5% on 2nd day. -
Q I B : 3.9836 TIMES
H N I : 9.4302 TIMES
RETAIL : 1.1040 TIMES
EMPLOYEE : 0.4264 TIMES

Overall : 3.5672 TIMES
I am going for this IPO for listing gains.

[VarunD]

Anybody got any idea about current grey market premium for the IPO?

[rohit]

I was reading in one of the website about IPO Grey Market Price. You have any idea about IPO Grey Market Price? What is it? How it works?

The IPO Grey Market is an over-the-counter market where dealers may execute orders for preferred customers as well as provide support for a new issue before it is actually issued. (Source - Investopedia)