Jindal Supreme’s upcoming IPO sees its grey market premium (GMP) rise, while Hero Motors’ GMP declines, according to reports tracking unofficial market indicators ahead of listings. NDTV reports that Jindal Supreme’s GMP climbs to around Rs 30, even as the issue draws strong demand and is subscribed about 31.50 times.
In the same coverage, Hero Motors is described as losing momentum in the grey market. Its GMP reportedly falls to about Rs 7 from roughly Rs 24 earlier in the week. Both updates are framed around market sentiment signals such as GMP and subscription levels, which are not official metrics and can change quickly.
Across the outlets’ coverage of the same theme, the common approach is to compare multiple IPOs using these grey-market movements and subscription data. However, the angles differ in emphasis: one story highlights “highest potential listing gain” comparisons across different IPOs, while the other focuses specifically on whether momentum is building for Jindal Supreme or weakening for Hero Motors based on the latest GMP changes.
