Citius Transnet InvIT IPO opens with zero GMP as bids stay lukewarm

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

#ipo subscription #invit ipo #stock market #gmp #infrastructure

Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic Times

Citius Transnet InvIT IPO opens with zero GMP as bids stay lukewarm

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