Business
Pranav Constructions IPO eyes strong debut with 36 percent grey market premium
Reported by Manish Reddy (Senior Writer) · Livemint - Markets ·
Representative image · Wikimedia CommonsPranav Constructions is set to list its initial public offering on Tuesday, September 15. The grey market premium for the public issue is currently recorded at 45 rupees. Based on this grey market premium and an upper price band of 124 rupees, market watchers expect a listing gain of 36 percent. Investor interest remained massive as the public offering received a total subscription of 121 times.
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