Many investors rely heavily on one indicator:
👉 Grey Market Premium (GMP)
If GMP is high:
👉 They expect strong listing
However,recent SME IPO trends show a different reality.
Some IPOs:
- Had strong GMP
- But delivered weak listing
This creates confusion.
So what’s happening?
👉 GMP reflects sentiment,not certainty
It is based on:
- Demand
- Speculation
- Market mood
But listing performance depends on:
- Valuation
- Fundamentals
- Market conditions
This gap is important.
Because:
👉 Blindly following GMP can lead to wrong decisions
Smart investors:
- Use GMP as reference
- Not as final decision
Understanding this difference improves your investing quality.
Stay informed:
https://unlistedcart.com
