Why do IPO shares trade in the grey market? Read here3 min read 15 Jan 2023, 05:05 PM IST
The purpose of the grey market is to provide a way for investors to buy and sell shares of a company before they are officially listed on a stock exchange.
Grey market are unregulated by Sebi and generally is seen as a medium to invest in a company's shares which are going through an initial public offering (IPO) before making its market debut. Trading in the grey market has always been in trend and not a new concept. In 2023, the IPO pipeline is expected to remain strong.
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