Many times IPOs get subscribed because there is a grey market premium going on. Now why should we allow this grey market premium to influence IPO? If you really want a grey market premium to influence investors, then why not create a when-issued market?
D-St indices surge nearly 2%, erasing year’s losses; foreigners return
Indian stock markets experienced a significant surge, with the Nifty and Sensex jumping by 1.8% and 2% respectively, marking their best week in over three