Sah Polymers shares list at 31% premium over IPO price

Despite a stellar response to the initial public offering (IPO), the stock couldn’t command a significant premium in the unofficial or grey market, due to the prevailing weak market sentiment. A day ahead of the listing, the stock was trading at a premium of Rs 10 to its issue price in the grey market.

Sah Polymers shares list at 31% premium over IPO price
Despite a stellar response to the initial public offering (IPO), the stock couldn’t command a significant premium in the unofficial or grey market, due to the prevailing weak market sentiment. A day ahead of the listing, the stock was trading at a premium of Rs 10 to its issue price in the grey market.