What is the IPO Grey Market?
Topics Covered: Indian economy. What is the IPO Grey Market? Context: Paytm’s stock has risen from ₹11,500 to ₹21,000 in four days in the grey market. This is in response to Paytm’s announcement that it will bring an initial public offer (IPO) worth USD 3 billion later this year. What is an IPO grey market? Generally, …
