
As eight mainboard IPOs are currently open for subscription, investors have plenty of opportunities to explore. These public issues are not only receiving strong subscription numbers but are also witnessing significant trading premiums in the grey market. For instance, shares of Mamata Machinery were trading at an impressive 107% premium on Friday morning. Meanwhile, shares of DAM Capital Advisors and Transrail Lighting were seeing premiums of 40-60%.
The ongoing grey market activity reflects solid investor optimism, indicating positive market expectations for these IPOs. Let’s take a closer look at the premiums in the grey market for some of the most talked-about IPOs.