Clay Craft India is set to make its stock market debut on Wednesday with the grey market signalling a positive listing. The company's shares were quoting at a grey market premium (GMP) of around 13%, indicating a potential listing gain of about Rs 26 over the issue price of Rs 203 per share, though GMP is an unofficial indicator and may not reflect the actual listing performance.
The Rs 110.11-crore NSE SME IPO was subscribed 103.06 times during the three-day bidding period, led by strong demand from non-institutional investors and qualified institutional buyers.