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Live IPO GMP | Grey Market Premium

IPO GMP is trending for Western Carriers (India), Arkade Developers, Deccan Transcon Leasing, Sodhani Academy of Fintech Enablers, Osel Devices, Northern Arc Capital, BikeWo GreenTech, SD Retail Logo, Phoenix Overseas, KRN Heat Exchanger, Kalana Ispat 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 Cr40018-Sep 15:59
KRN Heat Exchanger IPOUpcomingNA225--Not Rated1.55 Cr SharesTBD25-Sep27-Sep30-Sep3-Oct18-Sep 15:53
Manba Finance IPOUpcoming120--120 (0.00%)Rating 1/5₹150.84 Cr12523-Sep25-Sep26-Sep30-Sep18-Sep 15:56
WOL3D NSE SMEUpcoming150--150 (0.00%)Rating 1/5₹25.56 Cr100023-Sep25-Sep26-Sep30-Sep18-Sep 16:02
Rappid Valves (India) NSE SMEUpcoming222--222 (0.00%)Rating 1/5₹30.41 Cr60023-Sep25-Sep26-Sep30-Sep18-Sep 16:00
Avax Apparels And Ornaments BSE SMEUpcoming70--70 (0.00%)Rating 1/5₹1.92 Cr200020-Sep24-Sep25-Sep27-Sep18-Sep 15:59

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Phoenix Overseas NSE SMEUpcoming641074 (15.62%)Rating 3/5₹36.03 Cr200020-Sep24-Sep25-Sep27-Sep18-Sep 15:59
Avi Ansh Textile NSE SMEUpcoming62--62 (0.00%)Rating 1/5₹26.00 Cr200020-Sep24-Sep25-Sep27-Sep18-Sep 15:55
SD Retail Logo NSE SMEUpcoming13125156 (19.08%)Rating 3/5₹64.98 Cr100020-Sep24-Sep25-Sep27-Sep18-Sep 15:55
BikeWo GreenTech NSE SMEUpcoming621072 (16.13%)Rating 3/5₹24.09 Cr200020-Sep24-Sep25-Sep27-Sep18-Sep 15:58
Kalana Ispat NSE SMEUpcoming661076 (15.15%)Rating 3/5₹32.59 Cr200019-Sep23-Sep24-Sep26-Sep18-Sep 15:53
Paramount Speciality Forgings NSE SMEOpen (Sub:3.64x)59--59 (0.00%)Rating 1/5₹32.34 Cr200017-Sep20-Sep23-Sep25-Sep18-Sep 16:01
Northern Arc Capital IPOOpen (Sub:20.05x)263190453 (72.24%)Rating 5/5₹777.00 Cr5716-Sep19-Sep20-Sep24-Sep18-Sep 15:53
Western Carriers (India) IPOOpen (Sub:14x)17250222 (29.07%)Rating 4/5₹492.88 Cr8713-Sep19-Sep20-Sep24-Sep18-Sep 15:58
Pelatro NSE SMEOpen (Sub:2.68x)200--200 (0.00%)Rating 1/5₹55.98 Cr60016-Sep19-Sep20-Sep24-Sep18-Sep 16:00
Envirotech Systems NSE SMEOpen (Sub:19.34x)56--56 (0.00%)Rating 1/5₹30.24 Cr200013-Sep19-Sep20-Sep24-Sep18-Sep 15:55
Arkade Developers IPOOpen (Sub:29.83x)12885213 (66.41%)Rating 5/5₹410.00 Cr11016-Sep19-Sep20-Sep24-Sep18-Sep 15:55
Deccan Transcon Leasing NSE SMEOpen (Sub:38.1x)10855163 (50.93%)Rating 5/5₹65.06 Cr120013-Sep19-Sep20-Sep24-Sep18-Sep 15:59
Popular Foundations BSE SMEOpen (Sub:7.04x)37--37 (0.00%)Rating 1/5₹19.87 Cr300013-Sep19-Sep20-Sep24-Sep18-Sep 16:02
Osel Devices NSE SMEOpen (Sub:42.87x)160110270 (68.75%)Rating 5/5₹70.66 Cr80016-Sep19-Sep20-Sep24-Sep18-Sep 15:54
Sodhani Academy of Fintech Enablers BSE SMEClose (Sub:438.72x)401555 (37.50%)Rating 4/5₹6.12 Cr300012-Sep17-Sep18-Sep20-Sep18-Sep 15:54
Excellent Wires and Packaging NSE SMEClose (Sub:20.37x)90--90 (0.00%)Rating 1/5₹12.60 Cr160011-Sep13-Sep16-Sep19-Sep18-Sep 15:53
Trafiksol ITS Technologies BSE SMEClose (Sub:345.65x)70--70 (0.00%)Rating 1/5₹44.87 Cr200010-Sep12-Sep13-Sep18-Sep 15:56
Innomet Advanced Materials NSE SME[email protected] (90.00%)10095195 (95.00%)Rating 5/5₹34.24 Cr120011-Sep13-Sep16-Sep18-Sep18-Sep 9:31
P N Gadgil Jewellers IPO[email protected] (72.92%)480303.50783.5 (63.23%)Rating 5/5₹1100.00 Cr3110-Sep12-Sep13-Sep17-Sep17-Sep 9:30
SPP Polymer NSE SME[email protected] (6.78%)591574 (25.42%)Rating 4/5₹24.49 Cr200010-Sep12-Sep13-Sep17-Sep17-Sep 9:31
Share Samadhan BSE SME[email protected] (-1.28%)74--74 (0.00%)Rating 1/5₹24.06 Cr16009-Sep11-Sep12-Sep16-Sep16-Sep 9:27
Bajaj Housing Finance IPO[email protected] (114.29%)7072142 (102.86%)Rating 5/5₹6560.00 Cr2149-Sep11-Sep12-Sep16-Sep16-Sep 9:28
Gajanand International NSE SME[email protected] (16.67%)36--36 (0.00%)Rating 1/5₹20.65 Cr30009-Sep11-Sep12-Sep16-Sep16-Sep 9:31
Tolins Tyres IPO[email protected] (0.88%)22630256 (13.27%)Rating 3/5₹230.00 Cr669-Sep11-Sep12-Sep16-Sep16-Sep 9:27
Aditya Ultra Steel NSE SME[email protected] (12.74%)62--62 (0.00%)Rating 1/5₹45.88 Cr20009-Sep11-Sep12-Sep16-Sep16-Sep 9:24
Shubhshree Biofuels Energy NSE SME[email protected] (58.82%)11975194 (63.03%)Rating 5/5₹16.56 Cr12009-Sep11-Sep12-Sep16-Sep16-Sep 9:26
Kross IPO[email protected] (0.00%)24024.50264.5 (10.21%)Rating 3/5₹500.00 Cr629-Sep11-Sep12-Sep16-Sep16-Sep 9:27
Vision Infra Equipment Solutions NSE SME[email protected] (25.77%)16395258 (58.28%)Rating 5/5₹106.21 Cr8006-Sep10-Sep11-Sep13-Sep13-Sep 9:27
My Mudra Fincorp NSE SME[email protected] (18.18%)11036146 (32.73%)Rating 4/5₹33.26 Cr12005-Sep9-Sep10-Sep12-Sep12-Sep 9:24
Shree Tirupati Balajee IPO[email protected] (8.43%)8327110 (32.53%)Rating 4/5₹169.65 Cr1805-Sep9-Sep10-Sep12-Sep12-Sep 9:29
Namo eWaste Management NSE SME[email protected] (90.00%)8582167 (96.47%)Rating 5/5₹51.20 Cr16004-Sep6-Sep9-Sep11-Sep11-Sep 9:23
Mach Conferences and Events BSE SME[email protected] (33.33%)225145370 (64.44%)Rating 5/5₹125.28 Cr6004-Sep6-Sep9-Sep11-Sep11-Sep 9:29
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

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

402. Biji Sep 15 2024 09:10:13 PM Reply
Bajaj housing finance ka IPO kb tak hold kre jisse profit acha mele??
402.1. Incognito Sep 18 2024 03:02:34 PM
It is a Good share for long term.. if you don''t require money now that hold it for atleast 6 months, chance of 210 in near by month.

However if you satisfied with Current Rate you can profit book..
401. Krishan Sep 17 2024 08:53:18 PM Reply
Had invested in Trafiksol ITS Technologies BSE SME but didn''t get the allotment, while the amount is still not unblocked, any ideas when will that be done??
400. NEERAJ KUMAR Sep 14 2024 12:36:05 PM Reply
I have 3 lots of Bajaj Housing Finance. If anyone interested to buy at GMP then contact me.
400.1. Tilak soni Sep 15 2024 12:25:17 AM
Yes interested
400.2. Divyansh Sep 15 2024 12:57:27 AM
Will buy after some negotiations
400.3. Jayesh Sotani Sep 15 2024 12:22:39 PM
I also want
400.4. Mahendra Chaurasia Sep 15 2024 12:39:20 PM
Yes interested
400.5. Dadhaniya jay Sep 15 2024 09:25:14 PM
Is there anyone who is looking to buy ipos in grey market?? act number
400.6. Ayush Sep 17 2024 07:27:59 PM
Hello! Neeraj, Just checking...Is the offer still on??
400.7. wasim Sep 17 2024 08:21:03 PM
Dadhaniya jay, Yes i am looking for IPOs in grey market
399. Shal Sep 14 2024 02:19:43 PM Reply
I have allotted with P N Gadgil jewelers ipo. Should I hold or listing profit book? Please advise 🙏
399.1. GANGHIS KHAN Sep 16 2024 03:09:21 PM
do your own research
399.2. Shal Sep 16 2024 03:52:46 PM
Mr. Khan I did my own research but seeking for the advice.. if you are interested to give suggestions or else please be quite. Don''t put any one down by telling like this.
399.3. Shal Sep 16 2024 03:59:03 PM
Also Mr. Khan be sensible while replying some one. No one is asking particularly with you. It''''s with other investors. So if you are not interested then don''''t comment
That''''s it.
399.4. Shoaib Sep 17 2024 02:52:00 AM
The current gmp is 63%, so first you have to see the pre-open market. If it gets listed at 60%, I will say hold and see the market reaction on that because the qib''s and lot of investors didn''t applied in this IPO because of Bajaj housing ipo, so stop loss of 10 percent on the listing price is a good strategy. If it gets demand, it can hit the upper circuit. 
399.5. Ayush Sep 17 2024 07:23:36 PM
First of all congratulations for getting allotment.
I would suggest to hold it till the end of this year as the festive season is coming and lot of shopping would be there of gold due to the tax rate cut in budget 2024.
The share is expected to hit INR 1000-1100 by the end of year. If you are cautious investor you may withdraw your investment amount i.e, 16-17 shares.
398. S Priyadarsini Sep 16 2024 11:13:18 PM Reply
SPP share not allotted...but refund still not received....what I have to do
397. Deep Kumar Sep 13 2024 11:55:03 AM Reply
Bajaj Housing Hold Ya sell kre ???
397.1. Saurav Kumar Sep 13 2024 02:45:58 PM
Hold
397.2. Yusufkhan Sep 15 2024 08:46:58 AM
Don''t sell BHF stock if you got allotment within month it will be near 250
396. HIMANSHU Sep 13 2024 03:56:56 PM Reply
I M APPLY IN BAJAJ HOUSING FINANCE AND AFTER PAYMENT CANCELLED MY 2 ORDER BUT ONLY 1 PAYMENT IS RECEIVED
396.1. RAM Sep 14 2024 03:58:39 PM
TUMHARE BAS KI NHI HAI IPO
395. B.Parag Sep 13 2024 06:47:07 PM Reply
Bajaj Housing Finance IPO Allotted, but Payment not deducted ????
395.1. Abdul Wahid Sep 14 2024 11:57:08 AM
No worries ! You just have to maintain your balance in your account it will get debited soon.
394. Kamlesh Kumar Saini Sep 14 2024 07:43:25 AM Reply
I am interested
393. Raja Sep 13 2024 09:59:04 PM Reply
@admin can you pls add one more column for registrar name