The IPO is priced between Rs 195-206 per share, and at the upper end of that range, shares are already trading at a 27% premium in the grey market. If this momentum continues, investors can anticipate significant gains when the stock lists.
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Indian market is expected to consolidate, mirroring mixed global signals, with Nifty futures closing negatively. Option data indicates a trading range between 24,600 and 25,600.