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</html><thumbnail_url>https://www.tatacapitalmoneyfy.com/blog/wp-content/uploads/2025/01/GMP_shutterstock_2553696049-scaled.jpg</thumbnail_url><thumbnail_width>2560</thumbnail_width><thumbnail_height>1280</thumbnail_height><description>Grey Market Premium (GMP) refers to the unofficial price at which IPO shares are traded before they get listed on the stock exchange. Learn more about GMP in IPO, its types, and how grey market trading works.</description></oembed>
