Dev Accelerator IPO Allotment Out; GMP Signals Possible Listing Gains
We saw huge excitement around the Dev Accelerator IPO (DevX) lately. The company’s shares were applied for many times over. Now allotments have been finalised. Investors are watching the grey market premium (GMP) to guess how much gain might happen when shares start trading. In this article, we break down everything, from subscription numbers to listing date, and try to see if the hype is likely to match reality.
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