In the grey market, Bombay Coated & Special Steels shares were commanding a premium of around 11 percent on November 2, according to InvestorGain.
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However, the grey market premium (GMP) is an unofficial indicator of investor sentiment and does not guarantee listing gains. It can fluctuate before the stock market debut and should not be treated as a prediction of the actual listing price.
The company's shares are scheduled to list on the BSE and NSE on November 5.
Bombay Coated & Special Steels IPO allotment status: How to check