The grey market is an unofficial market where IPO shares are traded before listing. GMP (Grey Market Premium) is the extra price investors pay over the IPO price. Estimated Listing Price = IPO Price + GMP. A higher GMP means strong demand and possible listing gains. We track GMP and S2S prices for upcoming SME and Mainboard IPOs. This helps estimate listing prices and market sentiment.
**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
IPO GMP team try to give latest and Updated detailed information on Upcoming IPOs, Grey Market Premiums, and financial details of the companies based on the DRHP and RHP.
Current IPO GMP
| Name | GMP | Rating | Sub | Price | Est Listing | IPO Size | Lot | Open | Close | BoADt | Listing |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Aten Papers & Foam BSE SME | ₹-- (%) | 🔥 | -- | 0.33 Cr Shares | TBD | ||||||
| Samay Project Services NSE SME | ₹-- (0.00%) | 🔥 | 34 | 34 (0%) | ₹14.69 Cr | 4,000 | 16-Jun | 18-Jun | 19-Jun | 23-Jun | |
| Oswal Pumps IPO | ₹50 (0.00%) | 🔥 | NA | -- | TBD | TBD | 13-Jun | 17-Jun | 18-Jun | 20-Jun | |
| Monolithisch India NSE SME | ₹24 (16.78%) | 🔥🔥🔥 | 143 | 157 (9.79%) | ₹82.02 Cr | 1,000 | 12-Jun | 16-Jun | 17-Jun | 19-Jun | |
| Jainik Power and Cables NSE SME | ₹-- (0.00%) | 🔥 | 110 | 110 (0%) | ₹51.30 Cr | 1,200 | 10-Jun | 12-Jun | 13-Jun | 17-Jun | |
| Sacheerome NSE SME | ₹30 (29.41%) | 🔥🔥🔥🔥 | 102 | 132 (29.41%) | ₹61.62 Cr | 1,200 | 9-Jun | 11-Jun | 12-Jun | 16-Jun | |
| Ganga Bath Fittings NSE SME | ₹-- (0.00%) | 1.64x | 49 | 49 (0%) | ₹32.65 Cr | 3,000 | 4-Jun | 6-Jun | 9-Jun | 11-Jun | |
| 3B Films BSE SME | ₹-- (0.00%) | 🔥 | 1.8x | 50 | 50 (0%) | ₹33.75 Cr | 3,000 | 30-May | 3-Jun | 4-Jun | 6-Jun |
| NR Vandana Textile NSE SME L@45.00 (0%) | ₹9 (20.00%) | 🔥🔥🔥🔥 | 101x | 45 | 54 (20%) | ₹27.89 Cr | 3,000 | 28-May | 30-May | 2-Jun | 4-Jun |
| Scoda Tubes IPO L@140.00 (0%) | ₹20 (14.29%) | 🔥🔥🔥 | 57.37x | 140 | 160 (14.29%) | ₹220.00 Cr | 100 | 28-May | 30-May | 2-Jun | 4-Jun |
| Neptune Petrochemicals NSE SME L@132.75 (8.81%) | ₹-- (0.00%) | 🔥 | 4.11x | 122 | 122 (0%) | ₹73.20 Cr | 1,000 | 28-May | 30-May | 2-Jun | 4-Jun |
| Nikita Papers NSE SME L@90.00 (-13.46%) | ₹-- (0.00%) | 🔥 | 1.43x | 104 | 104 (0%) | ₹67.54 Cr | 1,200 | 27-May | 29-May | 30-May | 3-Jun |
| Astonea Labs BSE SME L@137.45 (1.81%) | ₹-- (0.00%) | 🔥 | 1.79x | 135 | 135 (0%) | ₹37.67 Cr | 1,000 | 27-May | 29-May | 30-May | 3-Jun |
| Prostarm Info Systems IPO L@120.00 (14.29%) | ₹12 (11.43%) | 🔥🔥🔥 | 96.68x | 105 | 117 (11.43%) | ₹168.00 Cr | 142 | 27-May | 29-May | 30-May | 3-Jun |
| Blue Water Logistics NSE SME L@141.00 (4.44%) | ₹4 (2.96%) | 🔥 | 9.36x | 135 | 139 (2.96%) | ₹40.50 Cr | 1,000 | 27-May | 29-May | 30-May | 3-Jun |
| Aegis Vopak Terminals IPO L@220.00 (-6.38%) | ₹-1 (-0.43%) | 🔥 | 2.2x | 235 | 234 (-0.43%) | ₹2800.00 Cr | 63 | 26-May | 28-May | 29-May | 2-Jun |
| Leela Hotels IPO L@406.00 (-6.67%) | ₹2 (0.46%) | 🔥 | 4.72x | 435 | 437 (0.46%) | ₹3500.00 Cr | 34 | 26-May | 28-May | 29-May | 2-Jun |
| Unified Data- Tech BSE SME L@285 (4.4%) | ₹52 (19.05%) | 🔥🔥🔥 | 91.12x | 273 | 325 (19.05%) | ₹144.47 Cr | 400 | 22-May | 26-May | 27-May | 29-May |
| Dar Credit and Capital NSE SME L@65.15 (8.58%) | ₹10 (16.67%) | 🔥🔥🔥 | 106.09x | 60 | 70 (16.67%) | ₹25.66 Cr | 2,000 | 21-May | 23-May | 26-May | 28-May |
| Belrise Industries IPO L@100 (11.11%) | ₹21 (23.33%) | 🔥🔥🔥🔥 | 43.14x | 90 | 111 (23.33%) | ₹2150.00 Cr | 66 | 21-May | 23-May | 26-May | 28-May |
| Borana Weaves IPO L@243 (12.5%) | ₹43 (19.91%) | 🔥🔥🔥 | 147.85x | 216 | 259 (19.91%) | ₹144.89 Cr | 69 | 20-May | 22-May | 23-May | 27-May |
| Accretion Pharmaceuticals NSE SME L@79 (-21.78%) | ₹-- (0.00%) | 🔥 | 7.67x | 101 | 101 (0%) | ₹29.75 Cr | 1,200 | 14-May | 16-May | 19-May | 21-May |
| Integrity Infrabuild Developers NSE SME L@100.80 (0.8%) | ₹-- (0.00%) | 🔥 | 2.17x | 100 | 100 (0%) | ₹12.00 Cr | 1,200 | 13-May | 15-May | 16-May | 20-May |
| Virtual Galaxy Infotech NSE SME L@180.00 (26.76%) | ₹110 (77.46%) | 🔥🔥🔥🔥🔥 | 231.45x | 142 | 252 (77.46%) | ₹93.29 Cr | 1,000 | 9-May | 14-May | 15-May | 19-May |
| Manoj Jewellers BSE SME L@53.95 (-0.09%) | ₹-- (0.00%) | 🔥 | 1.14x | 54 | 54 (0%) | ₹16.20 Cr | 2,000 | 5-May | 7-May | 8-May | 12-May |
| Srigee DLM BSE SME L@188.10 (90%) | ₹45 (45.45%) | 🔥🔥🔥🔥 | 490.93x | 99 | 144 (45.45%) | ₹16.98 Cr | 1,200 | 5-May | 7-May | 8-May | 12-May |
| Kenrik Industries BSE SME L@25.01 (0.04%) | ₹-- (0.00%) | 🔥 | 2x | 25 | 25 (0%) | ₹8.75 Cr | 6,000 | 29-Apr | 6-May | 7-May | 9-May |
| Arunaya Organics NSE SME L@30.10 (-48.1%) | ₹-- (0.00%) | 🔥 | 2.53x | 58 | 58 (0%) | ₹33.99 Cr | 2,000 | 29-Apr | 2-May | 5-May | 7-May |
| Iware Supplychain Services NSE SME L@85.05 (-10.47%) | ₹2 (2.11%) | 🔥 | 2.96x | 95 | 97 (2.11%) | ₹27.13 Cr | 1,200 | 28-Apr | 30-Apr | 2-May | 6-May |
| Ather Energy IPO L@328.00 (2.18%) | ₹12 (3.74%) | 🔥 | 1.5x | 321 | 333 (3.74%) | ₹2981.06 Cr | 46 | 28-Apr | 30-Apr | 2-May | 6-May |
| Tankup Engineers NSE SME L@175.00 (25%) | ₹8 (5.71%) | 🔥🔥 | 124.67x | 140 | 148 (5.71%) | ₹19.53 Cr | 1,000 | 23-Apr | 25-Apr | 28-Apr | 30-Apr |
| Spinaroo Commercial BSE SME L@52.85 (3.63%) | ₹-- (0.00%) | 🔥 | 1.52x | 51 | 51 (0%) | ₹10.17 Cr | 2,000 | 28-Mar | 3-Apr | 4-Apr | 8-Apr |
| Infonative Solutions BSE SME L@63.20 (-20%) | ₹-- (0.00%) | 🔥 | 4.53x | 79 | 79 (0%) | ₹24.71 Cr | 1,600 | 28-Mar | 3-Apr | 4-Apr | 8-Apr |
| Retaggio Industries BSE SME L@25.10 (0.4%) | ₹-- (0.00%) | 🔥 | 1.86x | 25 | 25 (0%) | ₹15.50 Cr | 6,000 | 27-Mar | 2-Apr | 3-Apr | 7-Apr |
IPO GMP - Grey Market Premium
What is Grey Market and GMP?
Understanding Grey Market Premium (GMP) & IPO Grey Market
What is the Grey Market?
The grey market is an unofficial over-the-counter market where IPO shares are traded before their official listing. This unregulated market operates outside formal exchange mechanisms.
Key Grey Market Terms Explained:
- GMP (Grey Market Premium)
- The premium per share investors are willing to pay above the IPO issue price
- Example: If IPO price is ₹200 and GMP is ₹50, grey market price = ₹250
- Kostak Rate
- Premium per entire application (not per share)
- Used when investors want to sell their application rights before allotment
- Subject-to-Sauda (Sub2/Sub2Sauda)
- Premium paid only if shares are allotted in the IPO
- Lower risk as payment occurs after allotment confirmation
Important Grey Market Characteristics:
- 🚫 No Regulatory Oversight: Not monitored by SEBI or other authorities
- 💵 Cash Transactions: All deals are settled in physical cash
- 🤝 Trust-Based System: No formal contracts – deals are based on verbal agreements and small paper slips
- 📢 Word-of-Mouth Trading: No official dealers; network-driven trading
How to Interpret GMP Signals:
- 📈 Higher GMP suggests stronger investor demand and potential for bumper listing gains
- 🔥 Fire Rating indicates IPO popularity based on expected returns
- ⏳ GMP Activity Timeline: May begin even before IPO price band announcement
Disclaimer: Grey market data is unofficial and for informational purposes only. ipogmp.info does not endorse or participate in grey market activities. Investors should exercise caution as these are high-risk, unregulated transactions.
IPO Information
FAQ
Most frequent questions and answers
Yes, IPO GMP can predict the success of an IPO most of the time. Grey market premium depends mostly on market sentiment and investors mood. So, IPO GMP may not always predict the success of an IPO but do offer valuable insights on the IPOs.
IPO grey market premium is the process between buyers and sellers in an unofficial market. The calculation is based on the company’s performance, demand in the grey market, and the chance of subscription. Assuming the X IPO price is fixed at ₹500 and the grey market rate is ₹200, the IPO might list at ₹700 (i.e. ₹500+₹200).
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Disclaimer: Stock Market Investments are subject to market risks. Read all scheme-related documents carefully before investing. All information provided on ipogmp.info is strictly for educational and informational purposes only. The data is sourced from various publicly available sources, and we do not guarantee the accuracy, completeness, or reliability of the facts and figures mentioned. We are not SEBI-registered advisors. We have affiliate partnerships with brokers, but we do not directly provide investment services. We do not offer stock tips, trading advice, or influence investors to invest in IPOs, stocks, crypto, or any other financial instruments. Our goal is to provide up-to-date IPO details, GMP trends, and market insights to help investors make informed decisions. Always consult a qualified financial advisor before making any investment decisions.
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