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Live IPO GMP | Grey Market Premium

IPO GMP is trending for Mukka Proteins, Kalahridhaan Trendz, Thaai Casting, Atmastco, Interiors and More, Esconet Technologies, Zenith Drugs, Juniper Hotels, Deem Roll Tech, Purv Flexipack 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 Sub2 Fire Rating IPO Size Open Close BoA Dt Listing GMP Updated
Purv Flexipack NSE SMEUpcoming7161132 (85.92%)74200Rating 5/5₹40.21 Cr27-Feb29-Feb1-Mar5-Mar21-Feb 11:27
Mukka Proteins IPOUpcomingNA11----Not Rated₹225.00 Cr26-Feb28-Feb29-Feb4-Mar21-Feb 11:27
Sadhav Shipping NSE SMEUpcoming95--95 (0.00%)--Rating 1/5₹38.18 Cr23-Feb27-Feb28-Feb1-Mar21-Feb 11:33
GPT Healthcare IPOUpcoming186--186 (0.00%)--Rating 1/5₹525.14 Cr22-Feb26-Feb27-Feb29-Feb21-Feb 11:26
Juniper Hotels IPOOpen (Sub:0.05x)3606366 (1.67%)200/2800Rating 1/5₹1800.00 Cr21-Feb23-Feb26-Feb28-Feb21-Feb 11:24
Zenith Drugs NSE SMEOpen (Sub:8.02x)791695 (20.25%)19500Rating 4/5₹40.68 Cr19-Feb22-Feb23-Feb27-Feb21-Feb 11:33

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Deem Roll Tech NSE SMEOpen (Sub:3.7x)12946175 (35.66%)35000Rating 4/5₹29.26 Cr20-Feb22-Feb23-Feb27-Feb21-Feb 11:25
Kalahridhaan Trendz NSE SMEClose (Sub:8.15x)45348 (6.67%)6800Rating 2/5₹22.49 Cr15-Feb20-Feb21-Feb23-Feb21-Feb 11:27
Thaai Casting NSE SMEClose (Sub:375.43x)7770147 (90.91%)85100Rating 5/5₹47.20 Cr15-Feb20-Feb21-Feb23-Feb21-Feb 11:30
Atmastco NSE SMEClose (Sub:17.61x)77784 (9.09%)8500Rating 2/5₹56.25 Cr15-Feb20-Feb21-Feb23-Feb21-Feb 11:25
Esconet Technologies NSE SMEClose (Sub:507.24x)8492176 (109.52%)111900Rating 5/5₹28.22 Cr16-Feb20-Feb21-Feb23-Feb21-Feb 11:33
Interiors and More NSE SMEClose (Sub:11.22x)22723250 (10.13%)10500Rating 3/5₹42.00 Cr15-Feb20-Feb21-Feb23-Feb21-Feb 11:32
Vibhor Steel Tubes IPOL@425 (181.46%)151140291 (92.72%)10500/147000Rating 5/5₹72.17 Cr13-Feb15-Feb16-Feb20-Feb20-Feb 9:31
WTI Cabs NSE SME[email protected] (32.65%)14771218 (48.30%)54000Rating 4/5₹94.68 Cr12-Feb14-Feb15-Feb19-Feb19-Feb 9:32
Polysil Irrigation Systems NSE SMEL@56 (3.70%)54--54 (0.00%)--Rating 1/5₹17.44 Cr8-Feb13-Feb14-Feb16-Feb16-Feb 9:31
Entero Healthcare Solutions IPO[email protected] (-2.33%)125821260 (0.16%)--Rating 1/5₹1600.00 Cr9-Feb13-Feb14-Feb16-Feb16-Feb 9:25
Alpex Solar NSE SME[email protected] (186.09%)115148263 (128.70%)135000Rating 5/5₹74.52 Cr8-Feb12-Feb13-Feb15-Feb15-Feb 9:28
Rudra Gas Enterprise BSE SME[email protected] (90.00%)6357120 (90.48%)86600Rating 5/5₹14.16 Cr8-Feb12-Feb13-Feb15-Feb15-Feb 9:26
Jana Small Finance IPOL@396 (-4.35%)41416430 (3.86%)400/5600Rating 1/5₹570.00 Cr7-Feb9-Feb12-Feb14-Feb14-Feb 9:24
Rashi Peripherals IPO[email protected] (9.16%)31134345 (10.93%)1200/16800Rating 3/5₹600.00 Cr7-Feb9-Feb12-Feb14-Feb14-Feb 9:32
Capital Small Finance IPO[email protected] (-8.07%)468--468 (0.00%)--Rating 1/5₹523.07 Cr7-Feb9-Feb12-Feb14-Feb14-Feb 9:25
Apeejay Surrendra Park IPOL@186 (20.00%)15538193 (24.52%)2800/39200Rating 4/5₹920.00 Cr5-Feb7-Feb8-Feb12-Feb12-Feb 9:29
Italian Edibles NSE SMEL@55 (-19.12%)681280 (17.65%)18200Rating 3/5₹26.66 Cr2-Feb7-Feb8-Feb12-Feb12-Feb 9:26
Gabriel Pet Straps BSE SMEL@115 (13.86%)10150151 (49.50%)45600Rating 4/5₹8.06 Cr31-Jan2-Feb5-Feb7-Feb7-Feb 9:27
BLS E-Services IPO[email protected] (125.93%)135155290 (114.81%)12700/177800Rating 5/5₹310.91 Cr30-Jan1-Feb2-Feb6-Feb6-Feb 9:27
Baweja Studios NSE SME[email protected] (1.67%)1802182 (1.11%)1200Rating 1/5₹97.20 Cr29-Jan1-Feb2-Feb6-Feb6-Feb 9:25
Harshdeep Hortico BSE SMEL@70 (55.56%)453277 (71.11%)73000Rating 5/5₹19.09 Cr29-Jan31-Jan1-Feb5-Feb5-Feb 9:28
Megatherm Induction NSE SMEL@198 (83.33%)108110218 (101.85%)100300Rating 5/5₹53.91 Cr29-Jan31-Jan1-Feb5-Feb5-Feb 9:28
Mayank Cattle Food BSE SMEL@116 (7.41%)1089117 (8.33%)8200Rating 2/5₹19.44 Cr29-Jan31-Jan1-Feb5-Feb5-Feb 9:31
DelaPlex NSE SME[email protected] (60.94%)192145337 (75.52%)66100Rating 5/5₹46.08 Cr25-Jan30-Jan31-Jan2-Feb2-Feb 9:27
Fonebox NSE SME[email protected] (185.71%)70130200 (185.71%)197600Rating 5/5₹20.37 Cr25-Jan30-Jan31-Jan2-Feb2-Feb 9:27
Docmode Health Technologies NSE SME[email protected] (140.82%)7945124 (56.96%)54700Rating 5/5₹6.71 Cr25-Jan30-Jan31-Jan2-Feb2-Feb 9:25
Brisk Technovision BSE SMEL@175 (12.18%)15635191 (22.44%)21300Rating 4/5₹12.48 Cr23-Jan25-Jan29-Jan31-Jan31-Jan 9:25
Nova Agri Tech IPOL@55 (34.15%)411354 (31.71%)3600/50400Rating 4/5₹143.81 Cr23-Jan25-Jan29-Jan31-Jan31-Jan 9:27
EPACK Durable IPOL@221 (-3.91%)2305235 (2.17%)200/2800Rating 1/5₹640.05 Cr19-Jan24-Jan25-Jan30-Jan30-Jan 9:34
Konstelec Engineers NSE SMEL@210 (200.00%)70105175 (150.00%)159600Rating 5/5₹28.70 Cr19-Jan24-Jan25-Jan30-Jan30-Jan 9:27
Euphoria Infotech India BSE SMEL@190 (90.00%)10085185 (85.00%)77500Rating 5/5₹9.60 Cr19-Jan24-Jan25-Jan30-Jan30-Jan 9:29
Lawsikho NSE SMEL@310 (121.43%)140175315 (125.00%)133000Rating 5/5₹60.16 Cr19-Jan24-Jan25-Jan30-Jan30-Jan 9:30
Qualitek Labs BSE SMEL@190 (90.00%)10060160 (60.00%)54700Rating 5/5₹19.64 Cr18-Jan23-Jan24-Jan29-Jan29-Jan 9:23
Maxposure NSE SMEL@145 (339.39%)3380113 (242.42%)243200Rating 5/5₹20.26 Cr15-Jan17-Jan18-Jan23-Jan23-Jan 9:23

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

282. Mk Feb 19 2024 03:55:56 PM Reply
Sir can you please retain the subscription times post listing date..
282.1. Dilip Gosawmi Feb 20 2024 09:55:02 AM
For this concern, you can follow up the given link :

https://www.investorgain.com/report/ipo-subscription-live/333/
281. PAWAN KUMAR Feb 17 2024 01:45:49 PM Reply
Why this North south messages are being posted? Do you mean to say that discrimination is going on in allotment of IPO only due the regional bias? Very sorry to say that this type of thought is very ugly. I am also for North and haven''t been able to bag any ipo allotment except in BLSe that too due to SH quota. Pls understand 🙏. Allotment is done on random basis. Some guys emerge luckier than others. It''s natural. Take it easy and keep applying.
280. Kumar Feb 01 2024 08:38:55 AM Reply
Any chance to South Indian people get IPO
Almost 30 IPO applied till now am not getting any IPO, North Indian People getting very easily
How?any secret is there
280.1. Kunal Feb 01 2024 02:52:02 PM
Sir, IPO is for all Indians, so no differance between north and south.
280.2. anonymous Feb 02 2024 12:00:14 PM
yes there is a secret, we have multiple accounts with different PAN , so in a way, we have higher probability to get selected , since we apply more applications
280.3. Someone Feb 02 2024 08:15:04 PM
Bro that's false. I applied nearly 60 times and got nothing. And I am North Indian.
280.4. Vinay Jain Feb 03 2024 10:29:13 AM
As lot size is really big for SME, number of applicant get allotmenet are very low. For example in 20 Cr IPO, Retail Quota is 10Cr (if 50:50). Min application size is 1Lakh, so approx application is between 850 to 1000. So if you are very luck you will get allotmenet in that 1000. Keep applying, for more details refer BOA document which give clear visibility what is the ratio of allotmenet.
280.5. Bhawesh Choudhary Feb 04 2024 05:31:28 PM
Finally, After 6months regular applying in SME IPO .. I got A megatherm induction IPO..
280.6. Vinay Jain Feb 05 2024 08:45:13 AM
Congrats Bhawesh Sir, all the best for allotmenet and hope for supper listing.
280.7. Jiya Pandey Feb 06 2024 03:20:48 PM
I got allotment of SME IPO on the 2nd day after opening demat account and applying for Maxposure IPO.
280.8. Yuvraj Feb 07 2024 03:10:17 PM
We also need to judge that whether keeping on applying for SME IPOs for months it would be better to invest the amount in some good stock and get the gains as in bull market all stock gain 20-30% in 6 months
280.9. kumar Feb 17 2024 10:59:12 AM
Thankyou to all
I have applied lot of IPO still am continuously applying ,but am not getting any single allotment, but my North Indian Friend Got more than 5 IPO in last 4 month with good profit.

we also part of India, we also Indian. compare to north India we are paying more tax to central government . SEBI should allot some of share allotment to south state people also.

yes we are Indian
279. ABRAHAM GEORGE Feb 15 2024 11:47:48 AM Reply
I applied through ASBA for 25200 shares in Alpex Solar as HNI and 10000 shares in Rudra Gas. Still not got a single share allotted. What is the reason? For HNI it should be shared proportionally?
278. Arvind Feb 02 2024 09:58:17 AM Reply
I am applying in all SME ipos where GMP is more than 15% since last 1year. But till date didn''t get a single share under this.
What may be the reason? Can any one explain?
Is there any one who get sme ipo?
278.1. Rajeev Feb 05 2024 08:47:36 AM
Few things you need to verify - your demat account number and PAN number. Always submit your application through ASBA or UPI.
As we all know, good SME IPOs get very high subscription, chance of allotment is very low, but keep applying for good IPOs.
278.2. Anonymous Feb 15 2024 05:54:57 AM
Your karma… 🤣
277. VINAY KUMAR SAHU Feb 09 2024 02:58:45 PM Reply
CAN I APPLY IPO THROUGH
MY MOTHER DEMAT ACCOUNT
AND MY UPI ID
IS IT VALID
277.1. Shiva Rajak Feb 10 2024 11:36:55 AM
No you can''t.
Because the pan linked to the demat account should match with the pan linked with bank ac. If it is different then you will not even receive the mandate.
277.2. Pk Feb 12 2024 07:56:37 AM
Open bank account in his name manage you and create upi for that and use
277.3. KALYAN PATEL Feb 13 2024 06:19:55 PM
Use your mother''s bank account directly and apply via ASBA (Application Supported by Blocked Amount) feature from NetBanking.
It eleminates the shortcomings of the UPI.
277.4. Anonymous Feb 15 2024 05:46:09 AM
Yes you can, I do the same and I get mandate as well as allotment as well
276. K.L.JAIN Feb 13 2024 11:43:37 PM Reply
Can i apply in retail and hni or small hni at a time in one ipo
275. Dilipsinh Bhati Feb 13 2024 06:48:20 PM Reply
I have been applying almost all IPOs/SME. And then waiting to get allotment. But no luck. " Do arzoome kat gaye, do intzarme".
274. surya Feb 09 2024 01:29:55 PM Reply
please provide financial details all current runung ipo
273. Shiney Feb 08 2024 01:19:16 AM Reply
I am new to the market and having experience of 1 year with stock investment and trying to buy an IPO since last 1 month but have not received any allotment, please guide :)
273.1. Kunal Feb 08 2024 09:29:05 AM
Keep applying in good IPO.