Basilic ipo gmp and demand much high

Too high GMP for SME seems like trap or legit

LAST heard GMP on up coming ipo…
Rattanver 50/54
Jupiter hospital 230/235
EMS 125/135
Bascils fly 225/240
Sahaj fashions 3/5
Mono pharmacy 3/5
Parmara promotion 6/9

GMP can change depending on the market sentiment. Nothing a retailer can do about it.

You should really look at the company and their offering and decide to apply the IPO based on that.