Jindal Supreme shares to list today; GMP signals 31% listing gains
A ipo & listings development with market-wide reach.
· Economic Times Markets, ET Stocks
The Rs 124.88 crore Jindal Supreme IPO comprised a fresh issue of 1.07 crore shares aggregating to Rs 99.89 crore and an offer for sale (OFS) of 26.87 lakh shares worth Rs 24.99 crore. The company had fixed the IPO price band at Rs 88–93 per share.
The analysis
Listing activity is a read on risk appetite — a hot primary market usually means a confident secondary one.
Market context
- The immediate tone of coverage reads positive.
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