NSE grey market premium soars on Sebi's IPO approval

The National Stock Exchange's IPO has gained the necessary regulatory approval, leading to an increase in grey market premiums. Investors are now looking at a potential price hike for shares before they officially list. Brokers foresee the IPO launch by late September, with unlisted NSE shares trading at about ₹1,975, while the IPO size is estimated at around ₹30,000 crore.