C2C Advanced Systems IPO GMP crashes 60% after SEBI action
Tue, Nov 26, 2024 4:06 PM

C2C Advanced Systems IPO GMP crashes 60% after SEBI action

A Flip by Shubhangi Gupta
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C2C Advanced's shares commanded a GMP of Rs 245 as of November 24, translating to a premium of over 100%, although listing gains are capped at 90%. However, the premium has since plunged to Rs 100 as of November 26, reflecting a potential listing gain of approximately 45%, according to the data available on Investorgain. This marks a decline of nearly 59.18% in just two days.

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