Shyam Metalics shares' post-allotment GMP suggests strong listing1 min read . Updated: 22 Jun 2021, 09:42 AM IST
- High Shyam Metalics share price premium in the grey market means strong listing as financials of the IPO is also strong, say experts
Shyam Metalics IPO allotment is finalised and shares of the company will be credited into the Demat Account of the lucky allotees on 23rd June. However, if we look at the Shyam Metalics GMP (Grey Market Premium) it is still at high ₹130. According to market observers, this high share price premium in the grey market means strong listing as financials of the IPO is also strong.
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