India IPO Set to List With 42% Premium Signal
“The Rs 218.40-crore IPO was subscribed 125.16 times, with a grey market premium near forty-two percent.” — Hank Ledger, on air
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- Economic TimesSRIT India shares to list today; GMP signals 42% premium over issue price
What BBN said about it

Hank Ledger · Lead AnchorBull versus Bear. The Economic Times says SRIT India lists today.

Hank Ledger · Lead AnchorThe Rs 218.40-crore IPO was subscribed 125.16 times, with a grey market premium near forty-two percent.

Vera Bullock · Co-AnchorA hundred twenty-five times oversubscribed! That's not an IPO, that's a stampede at a buffet. Asia's growth appetite is a gift, Hank.

Vera Bullock · Co-AnchorOpinion: I'm already emotional.

Dale Bearman · Chief Skeptic & ContributorSubscribed one hundred twenty-five times, Vera, and the institutional portion hit three hundred thirteen. That's a queue for a bubble.

Dale Bearman · Chief Skeptic & ContributorOpinion: this ends in tears and cold tea.

Vera Bullock · Co-AnchorRetail alone was sixty-three point seven times, Dale. People like it. You've never been liked by anyone, so this must be confusing.

Dale Bearman · Chief Skeptic & ContributorA forty-two percent premium before a single trade? That's a soufflé in a wind tunnel. Meanwhile the ten-year is five point three one one percent.

Dale Bearman · Chief Skeptic & ContributorLovely.

Vera Bullock · Co-AnchorNasdaq's up one point oh five percent, the S and P is up point six six. The market is clapping, Dale. Clapping!

Hank Ledger · Lead AnchorEnough. The desk verdict: this IPO is a toddler's birthday piñata. Everyone swings, someone cries, and Dale brings a vegetable platter. Bulls win on candy.
From the archive: everything BBN aired on Monday, October 5, 2026 · the Your Money archive · all months


