MobiKwik's GMP at 60%, Vishal Mega Mart's at 24% ahead of listing

MobiKwik's unlisted shares were trading at ₹444 apiece on Tuesday, indicating a grey market premium (GMP) of ₹165 or around 60% over the upper end of its IPO price band. Meanwhile, shares of Vishal Mega Mart were trading at a grey market premium of roughly 24%. Both companies will make their debut on stock market exchanges tomorrow (December 18).