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Is GMP a good barometer for evaluating an IPO? What experts suggest

Business Standard LogoBusiness Standard10h ago

Is GMP a good barometer for evaluating an IPO? What experts suggest - Business Standard

Quick Summary:

Investors usually refer to the GMP before applying for an IPO.

However, is it a reliable indicator for evaluating how the IPO will be received by the markets?

Citing the example of NTPC Green Energy, Baliga noted that despite having a weak GMP, the PSU stock has performed well since its listing.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-28 @ 14:22:58 (10 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 892 words

Reading Time: 5 minutes read

Sentences: 41 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23915949

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 305 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

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Website Security: Secure (HTTPS)

Publisher ID: #49

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