NSE shares' GMP drops ahead of market debut tomorrow

The grey market premium (GMP) for NSE shares has fallen to ₹45.5 ahead of their stock market debut on September 24. At the upper end of the IPO price band of ₹1,785, this implies an indicative listing price of around ₹1,830.5, or a premium of approximately 2.55%. The ₹22,569-crore IPO was subscribed 5.71 times overall.