Latest GMP compared: NSE IPO vs Sonaselection India IPO - Last day to apply today | Share listing price prediction

NSE IPO and Sonaselection India IPO close bidding on September 21. NSE IPO was subscribed 1.15 times with QIBs at 1.32 times and retail at 0.69 times, while Sonaselection India IPO was subscribed 0.90 times. Grey market premium for NSE has fallen sharply from Rs 285 to Rs 48, indicating a muted estimated listing price of Rs 1,833 (about 2.69% premium over the issue price of Rs 1,785). Sonaselection India IPO GMP is flat at zero with an estimated listing price in line with the issue price of Rs 99. NSE scaled down its offer to 12.644 crore shares (entirely OFS) from the earlier planned 14.89 crore shares.