Campus Activewear IPO: After the announcement of share allotment, allottees and market observers are eagerly waiting for the Campus Activewear IPO listing date. As per information available on BSE website, Campus Activewear IPO listing date has been finalized and Campus Activewear shares will be listed on NSE and BSE on Monday, 9th May 2022 i.e. next week. As the allottees are busy computing the expected premium from this public offering, the gray market is indicating a positive listing for the public issue price. 1400 crores. According to market watchers, Campus Activewear is available at a premium to the stock 60 in the gray market today
Campus Activewear IPO GMP
According to market experts, Campus Activewear IPO GMP Today is 60, which is 15 more than its gray market premium (GMP) last evening 45. Market observers say that despite a sharp sell-off in the secondary market, the shares of Campus Activewear in the gray market have remained bullish during periods of weakness. However, it has come down from from 92 60, he said the bullish sentiment on campus activewear stocks is enough to understand the strength of this public issue in the gray market.
what does this gmp mean
Campus Activewear IPO as GMP Is Today 60, means gray market is expecting Campus Activewear IPO listing 352 ( 292 + 60), which is about 20 percent higher than the price band of 278 to 292 per share.
Therefore, despite negative sentiment in secondary markets, the gray market is positive about the public issue. It still believes that the allottees can get a decent premium benefit from the public issue on Monday.