Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times
Ritesh Presswala

Manipal Health Enterprises IPO listing tomorrow: Here’s what GMP indicates ahead of market debut

Investors are set to see the market debut of Manipal Health Enterprises IPO on August 5, with shares scheduled to list on the BSE and NSE mainboard platforms. However, muted investor sentiment and weak grey market trends suggest the stock may witness a subdued opening.

The IPO is currently trading at a discount of around Rs 5-6 in the grey market, pointing towards an estimated listing price of nearly Rs 584 per share, compared with the upper end of the IPO price band of Rs 590. While the grey market premium (GMP) is often tracked as an indicator of market mood, it remains an unofficial and unregulated market signal and does not guarantee listing-day performance.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.