NTPC Green's grey market premium falls from ₹25 to ₹1 before IPO

The unlisted shares of NTPC Green Energy were trading at a grey market premium (GMP) of ₹1 on Monday, a day before its ₹10,000-crore IPO opened for subscription on Tuesday. This is lower than its peak ₹25 GMP with which unlisted shares were trading on November 9. Grey market premium indicates investors' readiness to pay more than the issue price.