The grey market premium for the shares stood at Rs 309 as of 3:59 p.m. on Monday, according to the website Investor Gain. This takes the estimated listing price to Rs 789, which is 64.3% higher than the upper end of the IPO price band of Rs 480. However, GMP is not an official price quote for the stock and is based on speculation.

Operating 39 stores—38 in Maharashtra and Goa and one in the US—PNG has established a strong brand presence and is strategically expanding into underserved Tier I and Tier II cities.

Pune-based PN Gadgil sold its IPO in the price band of Rs 458-480 per share with a lot size of 31 shares, which was open for bidding between September 10 and September 12.

Mumbai/IBNS: Bajaj Housing Finance shares made a strong stock market debut on Monday (Sept. 16), listing at Rs 150 per share on both the NSE and BSE.

The shares of Kross Limited made an underwhelming debut on the Bombay Stock Exchange (BSE) on September 16, listing at Rs 240, the same as its issue price. Despite decent investor interest in the company’s Rs 500-crore public offer,

Ahead of listing, shares of Kross Ltd were commanding a grey market premium (GMP) of Rs 24-25 per share, suggesting a listing pop of around 10 per cent for the investors.

PN Gadgil Jewellers IPO GMP today, or grey market premium today, indicates a strong listing of shares. Analysts also expect a decent PN Gadgil Jewellers IPO listing.