NSE IPO Day 1 Subscription Reaches 1.5x with GMP at ₹145
By Business Desk
NSE IPO opens strong with a 1.5x subscription rate on Day 1 and a Grey Market Premium of ₹145. Check out the latest investor demand and trends.
The National Stock Exchange initial public offering opened to a favorable response from investors, recording a subscription of 1.5 times on the first day of bidding. This initial demand reflects investor confidence in the exchange market position as trading begins.
Key Subscription Metrics
Market participants are closely tracking the early figures and the unofficial premium trading indicators as the bidding process unfolds. The current figures highlight strong early momentum across investor categories:
- Day 1 subscription: 1.5 times
- Grey Market Premium: ₹145
The Grey Market Premium is currently hovering around ₹145, suggesting that market participants anticipate a healthy listing gain. The IPO continues to be closely watched as subscription figures evolve over the coming days.