India’s unlisted market faces a stark reality check as major IPOs, including Tata Capital and HDB Financial Services, price significantly below their grey market valuations. This trend has severely dented investor sentiment, causing demand for popular unlisted stocks like NSE and Groww to dry up and their prices to fall. The divergence forces a re-evaluation of pre-IPO investment strategies.
Unlisted market faces reality check as major IPOs price below grey market levels
October 1, 2025October 1, 2025|
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