Central Bank of India IPO Grey Market Premium

As per latest reports, Central Bank of India (CBI) is quoting a premium in the range of Rs. 36 - Rs.38 in the grey market.

The grey market premium can be used at a rough estimate to predict the listing price of new issues, post IPO. Hence central bank is likely to list around Rs. 135 - Rs. 140 going by the grey market premium. The listing date of CBI has not yet been announced, but is likely to be either 16th or 17th of this month.

Keep checking the posts for regular updates.