The grey market premium (GMP) of C2C Advance Systems' IPO saw a significant drop of 44%, from 108% to 44.25%, following intervention by SEBI concerning the company’s financials. As a result, the IPO listing has been postponed, and investors, including anchor investors, have been given the option to withdraw their bids.
C2C Advance Systems, a leading provider of defense electronics so... https://www.finowings.com/Trending/why-c2c-advance-ipo-gmp-declined-by-44-persent