Investors are set for strong gains from the listing of a slew of IPOs, which hit Dalal Street last week if the grey market premiums (GMP) are any indication. GMP is the markup on the price of a stock in the unofficial market ahead of listing . For instance, the stock price of Tata Technologies is commanding a GMP of between Rs 400-410 - about an 80% markup on its IPO price of Rs 500, say sources. The maiden offering by a Tata Group company after nearly two decades - through which some of its existing shareholders are selling stakes - was subscribed 69 times. The offer was worth Rs 3,043 crore.

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