Signatureglobal India Initial Public Offering: Grey Market Premium and Kostak Rates as of Today

Signatureglobal India is a real estate company that recently announced its Initial Public Offering (IPO). The IPO was opened on March 15th and will close on March 17th. Investors are eager to learn more about the company and its offering, including the current Grey Market Premium (GMP) and Kostak Rates as of today.

The Grey Market Premium (GMP) is a measure of the demand for a particular stock. It is the difference between the price of the stock in the grey market and its face value. The GMP for Signatureglobal India is currently at Rs. 70, which is higher than the face value of Rs. 10. This indicates that there is a high demand for the stock and investors are willing to pay a premium to get their hands on it.

Kostak Rates are the rates at which investors can buy or sell shares in the grey market. The Kostak Rate for Signatureglobal India is currently at Rs. 800, which is much higher than the face value of Rs. 10. This means that investors are willing to pay a premium to get their hands on the stock.

Overall, the current GMP and Kostak Rates for Signatureglobal India indicate that there is a high demand for the stock and investors are willing to pay a premium to get their hands on it. This is a positive sign for the company and could lead to a successful IPO. However, it is important to remember that these rates are subject to change and should not be taken as an indication of future performance. It is always best to do your own research before investing in any stock.

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• Source: Plato Data Intelligence: PlatoAiStream