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Citius Transnet InvIT IPO opens with zero GMP as bids stay lukewarm
Business
Published on 24 April 2026
Zero grey market premium suggests flat trading on listing
Citius Transnet InvIT’s ₹1,105 crore IPO began with zero grey market premium, pointing to a flat debut rather than a pop. The road-infrastructure issue drew lukewarm demand on day one, led mainly by non-institutional investors. Because the offer is yield-focused, the stock may hover close to issue price, limiting quick gains for early bidders.
- IPO starts with zero GMP, hinting at a near-flat debut
- Subscription on day one was lukewarm, mainly from non-institutional investors
- Road infrastructure focus and yield-led structure may cap listing upside
- Investors may see limited immediate gains around issue price
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times