Tag: when-issued market

Nilesh Shah of Kotak Mahindra Mutual Fund criticizes the reliance on grey market premiums for IPOs. He proposes transforming the grey market into a regulated when-issued market to enhance price discovery and reduce misinformation.
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Should IPO investors trust GMP before subscribing? Nilesh Shah says don’t because…

 September 24, 2024  Leave a Comment on Should IPO investors trust GMP before subscribing? Nilesh Shah says don’t because…

Sep 24, 2024 03:05 PM IST Kotak Mahindra Mutual Fund’s Nilesh Shah argues that reliance on grey market premiums for IPOs is misguided. Grey market…

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