FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
Loading...
Live IPO GMP | Grey Market Premium

IPO GMP is trending for Bajaj Housing Finance, Mach Conferences and Events, Namo eWaste Management, My Mudra Fincorp, Shree Tirupati Balajee, Tolins Tyres, Kross, P N Gadgil Jewellers, SPP Polymer, Gajanand International, Trafiksol ITS Technologies 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
Archit Nuwood Industries BSE SMEUpcoming270--270 (0.00%)Rating 1/5₹168.48 Cr40010-Sep 22:58
Paramount Speciality Forgings NSE SMEUpcoming59--59 (0.00%)Rating 1/5₹32.34 Cr200017-Sep19-Sep20-Sep24-Sep10-Sep 23:01
Arkade Developers IPOUpcoming12848176 (37.50%)Rating 4/5₹410.00 Cr11016-Sep19-Sep20-Sep24-Sep10-Sep 22:54
Deccan Transcon Leasing NSE SMEUpcoming10810118 (9.26%)Rating 2/5₹65.06 Cr120013-Sep18-Sep19-Sep23-Sep10-Sep 22:59
Popular Foundations BSE SMEUpcoming37--37 (0.00%)Rating 1/5₹19.87 Cr300013-Sep18-Sep19-Sep23-Sep10-Sep 23:01
Osel Devices NSE SMEUpcoming160100260 (62.50%)Rating 5/5₹70.66 Cr80016-Sep18-Sep19-Sep23-Sep10-Sep 22:59

Zerodha Trade@20

Want to start your investment journey, join India’s Pioneer Discount Broker – ZERODHA – Free Delivery Trade, Maximum Rs 20 for F&O and Intraday, Free Direct Mutual Fund investment.Open Zerodha Account

Western Carriers (India) IPOUpcoming172--172 (0.00%)Rating 1/5₹492.88 Cr8713-Sep18-Sep19-Sep23-Sep10-Sep 23:00
Sodhani Academy of Fintech Enablers BSE SMEUpcoming40--40 (0.00%)Rating 1/5₹6.12 Cr300012-Sep17-Sep18-Sep20-Sep10-Sep 22:54
Envirotech Systems NSE SMEUpcoming56--56 (0.00%)Rating 1/5₹30.24 Cr200013-Sep17-Sep18-Sep20-Sep10-Sep 22:59
Innomet Advanced Materials NSE SMEUpcoming100--100 (0.00%)Rating 1/5₹34.24 Cr120011-Sep13-Sep16-Sep18-Sep10-Sep 22:56
Excellent Wires and Packaging NSE SMEUpcoming90--90 (0.00%)Rating 1/5₹12.60 Cr160011-Sep13-Sep16-Sep19-Sep10-Sep 22:55
SPP Polymer NSE SMEOpen (Sub:5.36x)591574 (25.42%)Rating 4/5₹24.49 Cr200010-Sep12-Sep13-Sep17-Sep10-Sep 22:53
Trafiksol ITS Technologies BSE SMEOpen (Sub:22.88x)7085155 (121.43%)Rating 5/5₹44.87 Cr200010-Sep12-Sep13-Sep17-Sep10-Sep 22:59
P N Gadgil Jewellers IPOOpen (Sub:2.06x)480258738 (53.75%)Rating 5/5₹1100.00 Cr3110-Sep12-Sep13-Sep17-Sep10-Sep 22:58
Bajaj Housing Finance IPOOpen (Sub:8.08x)7070140 (100.00%)Rating 5/5₹6560.00 Cr2149-Sep11-Sep12-Sep16-Sep10-Sep 22:54
Tolins Tyres IPOOpen (Sub:5.56x)22639265 (17.26%)Rating 3/5₹230.00 Cr669-Sep11-Sep12-Sep16-Sep10-Sep 23:00
Aditya Ultra Steel NSE SMEOpen (Sub:4.5x)62--62 (0.00%)Rating 1/5₹45.88 Cr20009-Sep11-Sep12-Sep16-Sep10-Sep 23:02
Shubhshree Biofuels Energy NSE SMEOpen (Sub:12.47x)119--119 (0.00%)Rating 1/5₹16.56 Cr12009-Sep11-Sep12-Sep16-Sep10-Sep 22:59
Kross IPOOpen (Sub:2.73x)24050290 (20.83%)Rating 4/5₹500.00 Cr629-Sep11-Sep12-Sep16-Sep10-Sep 22:53
Gajanand International NSE SMEOpen (Sub:4.43x)36541 (13.89%)Rating 3/5₹20.65 Cr30009-Sep11-Sep12-Sep16-Sep10-Sep 22:58
Share Samadhan BSE SMEOpen (Sub:3.55x)74--74 (0.00%)Rating 1/5₹24.06 Cr16009-Sep11-Sep12-Sep16-Sep10-Sep 22:58
Vision Infra Equipment Solutions NSE SMEClose (Sub:68.14x)16375238 (46.01%)Rating 4/5₹106.21 Cr8006-Sep10-Sep11-Sep13-Sep10-Sep 22:59
Shree Tirupati Balajee IPOClose (Sub:124.74x)8328111 (33.73%)Rating 4/5₹169.65 Cr1805-Sep9-Sep10-Sep12-Sep10-Sep 22:57
My Mudra Fincorp NSE SMEClose (Sub:102.48x)11041151 (37.27%)Rating 4/5₹33.26 Cr12005-Sep9-Sep10-Sep12-Sep10-Sep 23:02
Namo eWaste Management NSE SMEClose (Sub:225.64x)8582167 (96.47%)Rating 5/5₹51.20 Cr16004-Sep6-Sep9-Sep11-Sep10-Sep 22:53
Mach Conferences and Events BSE SMEClose (Sub:196.7x)225145370 (64.44%)Rating 5/5₹125.28 Cr6004-Sep6-Sep9-Sep11-Sep10-Sep 23:00
Naturewings Holidays BSE SME[email protected] (28.38%)7430104 (40.54%)Rating 4/5₹7.03 Cr16003-Sep5-Sep6-Sep10-Sep10-Sep 9:23
Jeyyam Global Foods NSE SME[email protected] (0.00%)612485 (39.34%)Rating 4/5₹81.94 Cr20002-Sep4-Sep5-Sep9-Sep9-Sep 9:24
Gala Precision Engineering IPO[email protected] (36.31%)529245774 (46.31%)Rating 4/5₹167.93 Cr282-Sep4-Sep5-Sep9-Sep9-Sep 9:26
Boss Packaging Solutions NSE SME[email protected] (25.00%)66571 (7.58%)Rating 2/5₹8.41 Cr200030-Aug3-Sep4-Sep6-Sep6-Sep 9:23
Baazar Style Retail IPO[email protected] (0.00%)38933422 (8.48%)Rating 2/5₹834.68 Cr3830-Aug3-Sep4-Sep6-Sep6-Sep 9:26
Travels & Rentals BSE SME[email protected] (37.50%)402060 (50.00%)Rating 5/5₹12.24 Cr300029-Aug2-Sep3-Sep5-Sep5-Sep 9:28
Aeron Composite NSE SME[email protected] (20.00%)12534159 (27.20%)Rating 4/5₹56.10 Cr100028-Aug30-Aug2-Sep4-Sep4-Sep 9:28
ECOS (India) Mobility IPO[email protected] (16.77%)334126460 (37.72%)Rating 4/5₹601.20 Cr4428-Aug30-Aug2-Sep4-Sep4-Sep 9:27
Paramatrix Technologies NSE SME[email protected] (4.59%)110--110 (0.00%)Rating 1/5₹33.84 Cr120027-Aug30-Aug2-Sep4-Sep4-Sep 9:31
Vdeal System NSE SME[email protected] (51.79%)11230142 (26.79%)Rating 4/5₹18.08 Cr120027-Aug29-Aug30-Aug3-Sep3-Sep 9:25
Premier Energies IPO[email protected] (120.00%)450487937 (108.22%)Rating 5/5₹2830.40 Cr3327-Aug29-Aug30-Aug3-Sep3-Sep 9:26
Jay Bee Laminations NSE SME[email protected] (90.00%)146157303 (107.53%)Rating 5/5₹88.96 Cr100027-Aug29-Aug30-Aug3-Sep3-Sep 9:28
Indian Phosphate NSE SME[email protected] (90.00%)99125224 (126.26%)Rating 5/5₹67.36 Cr120026-Aug29-Aug30-Aug3-Sep3-Sep 9:25
Rapid Multimodel Logistics BSE SME[email protected] (22.62%)841094 (11.90%)Rating 3/5₹8.49 Cr160022-Aug27-Aug28-Aug30-Aug30-Aug 9:32

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

382. Vijay Kumar Sep 04 2024 02:15:22 PM Reply
SHOULD I HOLD ESCO MOBLTY
382.1. Dinesh kumar Sep 10 2024 04:47:13 PM
NOT ESCO ITS ECOS
381. Shreesha Sep 04 2024 12:55:08 PM Reply
I have applied over 30+ IPO but not yet allocated with single one! How to get allotment .. as usual scenario !!
381.1. Vijay Kumar Sep 04 2024 02:16:42 PM
sir have pations i have applied 180
381.2. Reddy Sep 09 2024 10:46:19 AM
How many lots you are applying.
381.3. Dinesh kumar Sep 10 2024 04:45:23 PM
premier energies IPO Allotted me and more 30 share add at price of 810 today im booked profit and share fall more 8% from high.☺☺♥♥♥♥♥♥♥♥♥♥♥
380. Later Sep 09 2024 03:54:48 PM Reply
Hi anyone willing to buy my Bajaj housing finance application, any buyer there?
380.1. Subhajit Mukhopadhyay Sep 10 2024 01:37:41 PM
Yes
379. Vijay Sep 09 2024 08:08:49 PM Reply
Do they do lottery for IPO allotment
378. Ashwin Sep 08 2024 08:31:38 PM Reply
Resources automobile ipo is how hold or sell please confirm?
378.1. Himanshu jain Sep 09 2024 01:01:25 PM
Hold
377. Akshay Sep 09 2024 02:55:43 AM Reply
@Admin, Kindly put only the IPO having some non zero value. SO MANY IPOs so easy to find.
376. Ashwin Sep 08 2024 08:30:40 PM Reply
Resources automobile ipo is how hold or sell please confirm?
375. Ganesh Sep 05 2024 09:39:54 PM Reply
I have applied for Mach Conferences and Events BSE SME IPO. What will be the listing price? And will i get the allotment?
374. M M Sep 05 2024 11:14:25 AM Reply
Can You Please Add Column for Refund Date??
374.1. lokesh Sep 05 2024 03:14:26 PM
Refund date is not common for every investors. They all got their funds almost on different different dates. It''s all depends on banking services and brokers' services.
Though, Every Investor will get their refund before the mandate expiry date.
373. Omkar Sep 03 2024 04:11:35 PM Reply
Gala precision engineering ipo anybdy review..??
373.1. Rajan sethi Sep 05 2024 11:36:04 AM
900