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Live IPO GMP | Grey Market Premium

IPO GMP is trending for DCG Cables And, Teerth Gopicon, Ramdevbaba Solvent, Greenhitech Ventures, Grill Splendour Services IPOs.

Grey Market is an unregulated market to trade IPO applications and IPO shares before listing of the stock. An investor may not want to trade in the grey market, but getting an idea of the GMP can be used to estimate the listing gain on the IPO share. GMP or Grey Market Premium adding to issue price gives the estimated listing price of the IPO share.

Here we are reporting the GMP of all upcoming and current SME and Mainboard IPOs along with Subject 2 Sauda price. Estimated Listing Price is also calculated by adding up GMP and IPO cap price.

**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.

Current IPO GMP

IPO Price GMP(₹) Est Listing Fire Rating IPO Size Lot Open Close BoA Dt Listing GMP Updated
Emmforce Autotech BSE SMEUpcoming98--98 (0.00%)Rating 1/5₹53.90 Cr120023-Apr25-Apr26-Apr30-Apr12-Apr 22:26
VI FPOUpcoming111.2012.2 (10.91%)Rating 3/5₹18000.00 Cr129818-Apr22-Apr23-Apr25-Apr12-Apr 22:27
Grill Splendour Services NSE SMEUpcoming1208128 (6.67%)Rating 2/5₹16.47 Cr120015-Apr18-Apr19-Apr23-Apr12-Apr 22:31
Ramdevbaba Solvent NSE SMEUpcoming8521106 (24.71%)Rating 4/5₹50.27 Cr160015-Apr18-Apr19-Apr23-Apr12-Apr 22:32
Greenhitech Ventures BSE SMEOpen (Sub:15.83x)501565 (30.00%)Rating 4/5₹6.30 Cr300012-Apr16-Apr18-Apr22-Apr12-Apr 22:28
DCG Cables And NSE SMEClose (Sub:16.96x)1002102 (2.00%)Rating 1/5₹49.99 Cr12008-Apr10-Apr12-Apr16-Apr12-Apr 22:25

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Teerth Gopicon NSE SMEClose (Sub:75.54x)11128139 (25.23%)Rating 4/5₹44.40 Cr12008-Apr10-Apr12-Apr16-Apr12-Apr 22:24
Bharti Hexacom IPO[email protected] (32.46%)570140710 (24.56%)Rating 4/5₹4275.00 Cr263-Apr5-Apr8-Apr12-Apr12-Apr 9:29
Creative Graphics Solutions NSE SME[email protected] (105.88%)8566151 (77.65%)Rating 5/5₹54.40 Cr160028-Mar4-Apr5-Apr9-Apr9-Apr 9:26
Aluwind Architectural NSE SME[email protected] (0.00%)45550 (11.11%)Rating 3/5₹29.70 Cr300028-Mar4-Apr5-Apr9-Apr9-Apr 9:29
K2 Infragen NSE SME[email protected] (40.34%)11963182 (52.94%)Rating 5/5₹40.54 Cr120028-Mar3-Apr4-Apr8-Apr8-Apr 9:26
Jay Kailash Namkeen BSE SME[email protected] (16.44%)731285 (16.44%)Rating 3/5₹11.93 Cr160028-Mar3-Apr4-Apr8-Apr8-Apr 9:29
Yash Optics & NSE SME[email protected] (11.11%)811495 (17.28%)Rating 3/5₹53.15 Cr160027-Mar3-Apr4-Apr8-Apr8-Apr 9:29
Radiowalla NSE SME[email protected] (58.09%)7638114 (50.00%)Rating 5/5₹14.25 Cr160027-Mar2-Apr3-Apr5-Apr5-Apr 9:27
TAC Infosec NSE SME[email protected] (173.58%)106113219 (106.60%)Rating 5/5₹29.99 Cr120027-Mar2-Apr3-Apr5-Apr5-Apr 9:31
GConnect Logitech BSE SME[email protected] (5.00%)40949 (22.50%)Rating 4/5₹5.60 Cr300026-Mar28-Mar1-Apr3-Apr3-Apr 9:26
Trust Fintech NSE SME[email protected] (41.83%)10145146 (44.55%)Rating 4/5₹63.45 Cr120026-Mar28-Mar2-Apr4-Apr4-Apr 9:31
SRM Contractors IPO[email protected] (2.50%)21070280 (33.33%)Rating 4/5₹130.20 Cr7026-Mar28-Mar1-Apr3-Apr3-Apr 9:30
Vruddhi Engineering Works BSE SMEL@71 (1.43%)70--70 (0.00%)Rating 1/5₹4.76 Cr200026-Mar28-Mar1-Apr3-Apr3-Apr 9:23
Blue Pebble NSE SME[email protected] (18.45%)16815183 (8.93%)Rating 2/5₹18.14 Cr80026-Mar28-Mar1-Apr3-Apr3-Apr 9:25
Aspire & Innovative NSE SME[email protected] (4.63%)54458 (7.41%)Rating 2/5₹21.97 Cr200026-Mar28-Mar1-Apr3-Apr3-Apr 9:32
Naman In-Store (India) NSE SME[email protected] (40.45%)8950139 (56.18%)Rating 5/5₹25.35 Cr160022-Mar27-Mar28-Mar2-Apr2-Apr 9:31
Vishwas Agri Seeds NSE SME[email protected] (-1.16%)86995 (10.47%)Rating 3/5₹25.80 Cr160021-Mar26-Mar27-Mar1-Apr1-Apr 9:29
Omfurn India SME FPO[email protected] (2.13%)75--75 (0.00%)Rating 1/5₹27.00 Cr240020-Mar22-Mar26-Mar28-Mar30-Mar 7:56
Chatha Foods BSE SME[email protected] (30.36%)561066 (17.86%)Rating 3/5₹34.00 Cr200019-Mar21-Mar26-Mar27-Mar27-Mar 9:23
Enfuse Solutions NSE SME[email protected] (19.79%)9640136 (41.67%)Rating 4/5₹22.44 Cr120015-Mar19-Mar20-Mar22-Mar22-Mar 9:30
KP Green Engineering BSE SME[email protected] (38.89%)14450194 (34.72%)Rating 4/5₹189.50 Cr100015-Mar19-Mar20-Mar22-Mar22-Mar 9:33
Enser Communications NSE SME[email protected] (2.86%)70--70 (0.00%)Rating 1/5₹16.17 Cr200015-Mar19-Mar20-Mar22-Mar22-Mar 9:29
Krystal Integrated Services IPO[email protected] (9.79%)71560775 (8.39%)Rating 2/5₹300.13 Cr2014-Mar18-Mar19-Mar21-Mar21-Mar 9:30
AVP Infracon NSE SME[email protected] (5.33%)75--75 (0.00%)Rating 1/5₹52.34 Cr160013-Mar15-Mar18-Mar20-Mar20-Mar 9:24
Signoria Creation NSE SME[email protected] (101.54%)6560125 (92.31%)Rating 5/5₹9.28 Cr200012-Mar14-Mar15-Mar19-Mar19-Mar 9:33
Royal Sense BSE SME[email protected] (90.00%)6837105 (54.41%)Rating 5/5₹9.86 Cr200012-Mar14-Mar15-Mar19-Mar19-Mar 9:24
Popular Vehicles & IPO[email protected] (-1.97%)295--295 (0.00%)Rating 1/5₹601.55 Cr5012-Mar14-Mar15-Mar19-Mar19-Mar 9:32
Pratham EPC Projects NSE SME[email protected] (51.07%)7527102 (36.00%)Rating 4/5₹36.00 Cr160011-Mar13-Mar14-Mar18-Mar18-Mar 9:29
Pune E-Stock Broking BSE SMEL@130 (56.63%)8340123 (48.19%)Rating 4/5₹38.23 Cr16007-Mar12-Mar13-Mar15-Mar15-Mar 9:24
Koura Fine Diamond BSE SME[email protected] (36.36%)5560115 (109.09%)Rating 5/5₹5.50 Cr20006-Mar11-Mar12-Mar14-Mar14-Mar 9:26
Shree Karni Fabcom NSE SME[email protected] (14.54%)22730257 (13.22%)Rating 3/5₹42.49 Cr6006-Mar11-Mar12-Mar14-Mar14-Mar 9:27
Gopal Snacks IPO[email protected] (-12.47%)401-25376 (-6.23%)Rating 1/5₹650.00 Cr376-Mar11-Mar12-Mar14-Mar14-Mar 9:32
JG Chemicals IPOL@209 (-5.43%)2215226 (2.26%)Rating 1/5₹251.19 Cr675-Mar7-Mar11-Mar13-Mar13-Mar 9:33
Sona Machinery NSE SMEL@125 (-12.59%)14330173 (20.98%)Rating 4/5₹51.82 Cr10005-Mar7-Mar11-Mar13-Mar13-Mar 9:31

What is Grey Market and GMP?

Explanation of Grey Market and GMP in simple terms:

  • Grey Market is an unofficial market for the Pre IPO.
  • GMP is the premium per share.
  • Kostak is the premium per application.
  • Sub2 or Sub2Sauda is the premium for the allotted application.
  • As GMP is unofficial, thus there are no regulatory bodies (rules and regulations) involved.
  • All transaction for GMP is done in cash.
  • There is no written communication for Grey Market. Small slips of paper is the contract.
  • There is no official dealer. All buying and selling is through word of mouth and trust only.
  • The higher GMP means a higher possibility of IPO getting listed at a bumper price.
  • Fire Rating of a IPO is the measure of how popular is the IPO in terms of expected return.
  • GMP activity can start before the price band announcement.
Disclaimer from Admins as per SEBI norms: Equity Investment are subject to 100% market risks. Refer your financial consultant advice before Investing. This group is only for Educational and Learning, Knowledge Purposes. Admins have no responsibility for your intended decision & financial losses. Keep calculated & always analyzed your cash position and risk-bearing capacity before following msg of our group.

FAQs

This is the growing concern of many SME IPO investors that even though applied in many SME IPOs but have not got a single allotment. Are we doing something wrong? Do we need to use any other process to apply in SME IPO? To understand it, let's discuss this with a simple example.

Assume ABC Company SME IPO figures

  • SME IPO Issue Size: 20 Cr
  • 50% HNI and 50% Retail quota
  • Lot Size: approx 1200 shares
  • IPO Price: Rs 100
  • 1 Retail Application amount: Rs 1,20,000

With the above example for Rs 20 Cr IPO

  • Total Lots: 1666 (Approx)
  • Retail: 833 (1 lot application)
  • HNI: 416 (2 lots application)

It means, only 833 retail investor applications and 416 HNI applications are to be selected. With this, one can understand why the probability of getting SME IPO is low. In conclusion, the size of SME IPO is very small and lot size is very big (1200 shares) so the numbers of allottees will be very less.

Whereas in Mainboard IPO, it is the complete opposite of SME IPO. Size of IPO is big and lot size is small (1000), So the numbers of allottees are much higher.

Second point to consider is the number of times the IPO oversubscribe which contributes to the probability of getting an IPO allotment.

 

GMP is traded over the counter through GMP dealers. The GMP seller only means that there is no buyer in the GMP market. This is similar to the lower circuit where there are sellers but no buyers. This situation can be caused by low IPO subscription, overselling, or negative market sentiment. This means that the listing can be at par or below the GMP price. One should consider this as a negative point.

This scenario may be temporary and may change before the day of listing. Therefore, one should always check the fundamentals and business model of the company before applying.

 

For every seller, there must be a buyer in the market. The same is true in the GMP market. But at some point, there are only buyers and no sellers. In the stock market, we call this the upper circuit. The same thing can happen in the GMP market if no investor is willing to sell their application. They expect a better return on the day of listing or want to hold it for a long time. One should consider this as a positive point.

 


User Reviews

302. Yogi Mar 03 2024 06:28:32 PM Reply
I have applied for the last 25 IPOs in both retail, sHNI, and bHNI categories but not a single piece of luck. WIth luck playing very high role in allotment and with no luck at all by my side, I am going to stop applying in IPOs.
302.1. Rajeev Potnis Mar 05 2024 04:24:49 PM
There seems to be a big scam going on for high profile IPOs and SMEs.
Not heard any known person getting allotment for the good IPOs.
302.2. Tamilselvan D Mar 12 2024 03:02:05 PM
I agree with your point. This looks like scam or insiders only purchase the IPOs.
I do have applied for many IPOs, but not even a single time.
Particularly, SME IPOs common public wont get i think.
302.3. PRAJEESH A Mar 17 2024 07:25:57 AM
I got 1 retail quotation SME IPO ( Konstelec Electrical) listed at more than 200% gain.. so definitely will get .. as per the subscription times probability
302.4. Vinay Kumar Mar 20 2024 06:27:14 PM
For me also same. I applied in atleast 30 IPO with 3 diffrent account. Means altogether 90. I just got 2 allotmanat one in Tata Tech and other name I dont remember(that was loss)
302.5. Tortoise Mar 21 2024 10:58:15 AM
Guys.. The subscription was 300 times.. That''s like saying, one in 300 ppl will get allotment.. Or a better way, if you apply for 300 IPOs, then you will get only in one of them. So, yes, we need a lot of luck before we get one.
302.6. Sumit Apr 12 2024 08:27:48 PM
Recently Chairperson SEBI pointed out the manipulation.we all should start writing to NSE BSE OR SEBI mail boxes for fair enquiry in allotment process .When GMP low allotment is relaxed and when GMP high common men donot being allotted .Even there is no ratio declared of allotment ..Data is also not fair .The name of allotte must be displayed in all allotment .When it is public offer then full list should be disclosed
301. Manu Chauhan Apr 12 2024 12:08:25 PM Reply
These Stock exchange management people making fools of others. Everybody is investing in IPO but 80% of the people not getting any allotment. There should be a legal team who evaluate all these. They people just hold the money of common human beings and utilize it for their benefits for approx. 4-5 days even after that they allots the IPOs to their internal personnel. There is something big discrepancy in between this.
300. Manhar Kaswala Apr 11 2024 04:10:44 PM Reply
I got one SME- Trust Fintech.
299. Pradeep Mar 28 2024 03:29:26 PM Reply
I am frustrated with applying for IPOs. Could corruption be involved in the process? I don''t understand why I am not getting allocated even when I apply from two different accounts. Some companies are holding onto funds for extended periods. Is there no policy in place to release funds if the IPO is not allotted?"
299.1. Rohith Mar 29 2024 09:08:18 AM
If you apply two application of same IPO and same PAN, you wil get rejected and won''t be alloted. Try different PAN and same or other demant account.
299.2. ravi teatiya Apr 08 2024 04:15:53 PM
gussa mt dilaao re bhai warna achaa nhi hoga
298. Subhash Apr 06 2024 08:23:15 AM Reply
I had applied many ipo from last 2 years with 3 different accounts but got nothing. Then I quit applying and put 5 lakhs in stocks. Which gives me return of rs 2 lakh in last 4 months. Soo I think sme ipo is a scam they doing with retailers. Soo better to put that money in stocks and get rewarded.
297. SHRIMOHAN SOMANI Apr 02 2024 02:12:39 AM Reply
आज तक एक भी SME आईपीओ जो ऊपर खुले उसमे अलॉटमेंट नहीं मिला इसका मतलब बहुत बड़ा स्केम चल रहा हे मेने पुरे घर की 4 - 4 एप्लिकेशन लगाई अभी तक 70 से 80 इशू में लगाए लेकिन कोई अलॉटमेंट नहीं मिला सूक्ष्म जाँच होनी चाहिए
297.1. JK Apr 04 2024 01:53:13 PM
BHAI SAHAB MUJHE BHI SME IPO APPLY KARTE KARTE PURE TEEN SAAL HO GAYE HAI AUR ME BHI APNI PURI FAMILY MEMBER KE A/C ME LAGATA HU 11 APPLICATION IN EVERY GOOD GMP SME IPO BUT AAJ TAK EK BHI NAHI ALLOT HUA MERE KISI BHI A/C ME KYA KARE . KUCH TOH HAI LOCHA ALLOTMENT PROCESS ME????????GOD KNOWS KYA LOCHA HAI ??????????????????????????????????????????
297.2. Dheeraj Kumar Apr 04 2024 03:25:55 PM
mujhe 4 sme mil chuke h last 2 month me
296. Amit Kumar Mar 25 2024 07:58:22 PM Reply
Can please you also include Lot Size in the table
295. Navneet Kumar Sarin Mar 21 2024 08:00:44 PM Reply
I have applied in most of IPO during last 9 months 2 BHNI application each but no allotment. Actually this is due to SEBI. Due to their twisted thinking they have made manipulations more attractive. The rule of 14 lot allotment is unfair it should be 1-2 lots so more applicants will get atleast something. I feel if all who are not getting allotment start writing to SEBI Chairperson, She may consider some amendment. I hope you all will agree and create some awakening in the minds of those who pass Tuglaki Farman.
294. Parakram Singh Mar 18 2024 10:35:20 AM Reply
Dear Chittorgarh team,
GMP is showing as 40-50% when IPO starts and by listing day, it becomes 0. This seems to be a scam. Please follow due diligence in quoting GMP, as some of us apply in IPOs based on your established credentials and reputation.
Furthermore, allotment procedure of SME IPOs is a big scam. If members can please throw some light on it.
293. Bhuro Mar 11 2024 08:39:14 PM Reply
Konsa ipo Lena chaye