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IPO● Neutral for Indian equities
Up To 41% Listing Day Gains? What IPO GMPs Of Orient Cables, Snapdeal, Runwal & German Steel Indicate
The brief
- Orient Cables and German Steel indicate the highest potential listing gains in latest GMP data
- Runwal Enterprises and AceVector are also included in the IPO GMP comparison
- Potential listings may affect investor demand for Indian IPOs and listed peers in cables and steel
- Orient Cables leads four IPOs with a reported 33% grey-market premium
- Runwal Ent IPO: Concentration risk, poor cash flows keep experts 'neutral'
- Runwal Enterprises raises ₹149 crore from anchors ahead of ₹499.83-crore IPO