2 Yamaha Showrooms, 8 Employees, ₹12 Crore Asked, ₹2,700 Crore in Bids: Resourceful Automobile’s SME IPO Surprises Investors
This substantial oversubscription has also driven up the grey market premium to an estimated 73%, leading to concerns about speculative trading. Some market observers, like Mr. X, have warned against investing in the IPO due to the company’s modest scale and the perceived inflated grey market premium. Similarly, Viral Nagda highlighted the disconnect between the …