Can Syrma SGS Tech’s listing revive IPO Street? Here’s what grey market signals
Shares of Syrma SGS Technology were commanding a premium of Rs 45-50 in the grey market. The premium had risen to Rs 55-60 and as high as Rs 65 in the recent past. The premium in the unofficial market had kicked off from Rs 30.​According to market analysts, recent correction in the secondary market has dented prospects for the issue. Traders remain cautious over the primary market listing after a dull season a quarter ago.
