Deepa Jewellers’ initial public offering (IPO) is in its second day of trading, with multiple reports citing strong retail demand. Alongside the subscription activity, outlets also track the IPO’s grey market activity, which they say is pointing to a potential premium at the time of listing.
NDTV reports that the latest grey market premium (GMP) levels suggest the shares may list above the IPO price, though the exact premium and expected listing range are presented through GMP updates rather than official exchange data. The focus across coverage is on day-to-day subscription momentum and the direction of the grey market rather than on changes to the offer price, issue size, or allotment procedures.
The differing emphasis is mainly between retail participation (subscription strength) and market sentiment signals (GMP). While all accounts reference the IPO’s ongoing subscription period and the role of GMP in gauging investor expectations, they do not present conflicting facts about the offer’s general status during Day 2.