E to E Transportation IPO Soars in Grey Market: Investors Eye 72% Profit Before Listing
New Delhi: The SME segment is buzzing with IPO activity this week, and E to E Transportation Infrastructure Ltd is creating waves even before its market debut. The company’s IPO opens on Friday, 26 December, and closes on 30 December, but the Grey Market Premium (GMP) has already surged, signaling strong investor interest.
Grey Market Gains SkyrocketAs of Tuesday afternoon, the IPO price was set at ₹174 per share, while the grey market premium stood at ₹125 per share, valuing a single share at ₹299. This indicates a potential 72% profit for investors on listing day. For one retail lot of 800 shares, an investment of ₹2,78,400 could yield a profit of nearly ₹2 lakh.
IPO DetailsThe IPO has a total issue size of ₹84.22 crore, fully comprised of a fresh issue of 48 lakh shares. Shares ar...









