Quality Power IPO Open, Check GMP And Other Details Before Subscribing
Quality Power IPO will remain open for subscription till Tuesday. The maiden offering includes a fresh issue of equity shares worth Rs 225 crore and an offer-for-sale of 1.5 crore shares worth Rs 634 crore, at the upper end of the price band. Quality Power GMP Today The company’s maiden issue is commanding a premium of merely Rs 5-6 apiece in the grey market, as per IPOJi. The grey market runs parallel to the official stock market and provides investors an opportunity to place their bets on an issue before the listing begins trading on the stock exchanges. A premium in the grey market represents the possibility of how a company will fare once its gets listed officially and helps understand the sentiment among investors towards the listing and its performance.
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