What is GMP price in IPO?

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The GMP price in an IPO is the price at which the IPO shares are traded on the grey market.

It is the premium an investor is willing to pay to buy the IPO shares before listing. The GMP is quoted per share. The GMP price changes daily from the day the issue price is announced and is last updated one day before the listing day. The GMP price helps to predict the listing price.

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Topic: IPO Grey Market Feedback

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