INDIA MARKET LENS
◆ MixedIPO & Listings

Last day to bid! Runwal Enterprises IPO enters Day 3: Check subscription status, latest GMP and other key details

A ipo & listings development with market-wide reach.

29 Sept 2026 · Economic Times Markets

In the grey market, the IPO is commanding a grey market premium (GMP) of over 4%, indicating market expectations of a potential premium over the issue price at listing. However, grey market premiums are unofficial and can change before listing.

Listing activity is a read on risk appetite — a hot primary market usually means a confident secondary one.

Because the driver here is macro rather than company-specific, the read-through is to index-level positioning rather than to any single name — correlations tend to rise when the whole market faces the same signal.

  • This is a market-wide development — its reach goes beyond any single stock.