GK Energy IPO listing: Following a solid demand and amid a steady trend in the grey market, shares of GK Energy were off to a firm start despite a tepid Indian stock market on Friday, September 26. GK Energy shares listed at ₹171 on the National Stock Exchange (NSE), a premium of 11.76% over the issue price of ₹153.
On BSE, GK Energy share price listed at ₹165.20, up 7.97% from the initial public offering (IPO) price.
The listing was in line with expectations, as signalled by the grey market premium (GMP). GK Energy IPO GMP today, ahead of listing, was ₹18 — up 11.76%.
More to come…