Global Surfaces Limited Initial Public Offering: Grey Market Premium, Kostak Rates, and Current Market Prices
Global Surfaces Limited (GSL) is a leading manufacturer of surface materials for the construction industry. Recently, the company has announced its Initial Public Offering (IPO) and is set to be listed on the stock exchange soon. With the IPO, investors are eager to know more about the company’s stock and the grey market premium, Kostak rates, and current market prices associated with it.The grey market premium is the difference between the price at which a stock is traded in the grey market before its official listing on the stock exchange.