FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
IPO GMP is trending for Emmforce Autotech, JNK India, Shivam Chemicals 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.
IPO | Price | GMP(₹) | Est Listing | Fire Rating | IPO Size | Lot | Open | Close | BoA Dt | Listing | GMP Updated |
---|---|---|---|---|---|---|---|---|---|---|---|
Aditya Birla AMC IPO[email protected] (0.42%) | 712 | 35 | 747 (4.92%) | ₹2768.26 Cr | 20 | 29-Sep | 1-Oct | 6-Oct | 11-Oct | 11-Oct 8:49 | |
Indigo Paints IPO[email protected] (74.97%) | 1490 | 750 | 2240 (50.34%) | ₹ 1176 Crore | 10 | 20-Jan | 22-Jan | 28-Jan | 2-Feb | 30-Jan 9:13 | |
Baheti Recycling NSE SME[email protected] (166.67%) | 45 | 52 | 97 (115.56%) | ₹ 12.42 Cr | 3000 | 28-Nov | 30-Nov | 5-Dec | 8-Dec | 8-Dec 8:24 | |
Stove Kraft IPO[email protected] (21.30%) | 385 | 35 | 420 (9.09%) | ₹ 412.63 Cr | 38 | 25-Jan | 28-Jan | 2-Jan | 5-Feb | 4-Feb 13:26 | |
Ethos Limited IPO[email protected] (-5.47%) | 878 | -5 | 873 (-0.57%) | ₹ 472.28 Cr | 17 | 18-May | 20-May | 25-May | 30-May | 30-May 9:14 | |
Le Merite Exports NSE SME[email protected] (0.00%) | 75 | 9 | 84 (12.00%) | ₹ 48 Cr | 1600 | 25-Apr | 28-Apr | 4-May | 9-May | 29-Apr 9:06 | |
Zerodha Trade@20Want 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 | |||||||||||
Mrs. Bectors Food IPO[email protected] (75.35%) | 288 | 215 | 503 (74.65%) | ₹ 540.54 Cr | 50 | 15-Dec | 17-Dec | 22-Dec | 28-Dec | 23-Dec 18:38 | |
RailTel IPO[email protected] (15.96%) | 94 | 10 | 104 (10.64%) | ₹ 819.24 Crore | 155 | 16-Feb | 18-Feb | 23-Feb | 26-Feb | 24-Feb 20:29 | |
Pritika Engineering Components NSE SME[email protected] (45.52%) | 29 | 10 | 39 (34.48%) | ₹ 9.42 Cr | 4000 | 25-Nov | 30-Nov | 5-Dec | 8-Dec | 8-Dec 8:02 | |
Krsnaa Diagnostics IPO[email protected] (5.40%) | 954 | 222 | 1176 (23.27%) | ₹1,213.33 Cr. | 15 | 4-Aug | 6-Aug | 11-Aug | 16-Aug | 16-Aug 7:49 | |
Medplus Health IPO[email protected] (30.65%) | 796 | 125 | 921 (15.70%) | ₹1,398.30 Cr | 18 | 13-Dec | 15-Dec | 20-Dec | 23-Dec | 23-Dec 8:06 | |
Paradeep Phosphates IPO[email protected] (4.76%) | 42 | -- | 42 (0.00%) | ₹1,501.73 Cr | 350 | 17-May | 19-May | 24-May | 27-May | 26-May 9:22 | |
Clean Science and IPO[email protected] (95.00%) | 900 | 615 | 1515 (68.33%) | ₹1,546.622 Cr. | 16 | 7-Jul | 9-Jul | 14-Jul | 19-Jul | 19-Jul 9:06 | |
Devyani International IPO[email protected] (56.56%) | 90 | 59 | 149 (65.56%) | ₹1,838 Cr | 165 | 4-Aug | 6-Aug | 11-Aug | 16-Aug | 16-Aug 7:51 | |
Vijaya Diagnostic IPO[email protected] (1.69%) | 531 | -10 | 521 (-1.88%) | ₹1,894.26 Cr | 28 | 1-Sep | 3-Sep | 8-Sep | 14-Sep | 14-Sep 9:17 | |
Olatech Solutions BSE SME[email protected] (90.00%) | 27 | -- | 27 (0.00%) | ₹1.89 Cr | 4000 | 12-Aug | 19-Aug | 24-Aug | 29-Aug | 29-Aug 9:56 | |
Sailani Tours N BSE SME[email protected] (3.33%) | 15 | -- | 15 (0.00%) | ₹1.90 Cr | 8000 | 27-Jun | 30-Jun | 5-Jul | 8-Jul | 23-Jun 10:25 | |
Healthy Life Agritec BSE SME[email protected] (-11.00%) | 10 | -- | 10 (0.00%) | ₹10 Cr | 10000 | 13-Jul | 18-Jul | 21-Jul | 26-Jul | 19-Jul 9:54 | |
Globesecure Technologies NSE SME[email protected] (25.86%) | 29 | 2 | 31 (6.90%) | ₹10.13 Cr | 4000 | 23-May | 25-May | 30-May | 2-Jun | 1-Jun 9:03 | |
Ambo Agritec BSE SME[email protected] (33.67%) | 30 | 9 | 39 (30.00%) | ₹10.20Cr | 4000 | 21-Nov | 24-Nov | 29-Nov | 2-Dec | 2-Dec 6:23 | |
Net Avenue Technologies NSE SMEL@42 (133.33%) | 18 | 24 | 42 (133.33%) | ₹10.25 Cr | 8000 | 30-Nov | 4-Dec | 7-Dec | 8-Dec | 8-Dec 8:25 | |
Moxsh Overseas Educon NSE SME[email protected] (-14.38%) | 153 | 20 | 173 (13.07%) | ₹10.42Cr | 800 | 21-Dec | 23-Dec | 28-Dec | 30-Dec | 30-Dec 8:00 | |
DHARNI Capital Services BSE SME[email protected] (5.00%) | 20 | -- | 20 (0.00%) | ₹10.74 Cr | 6000 | 18-Jan | 20-Jan | 25-Jan | 31-Jan | 31-Jan 8:09 | |
Jay Jalaram Technologies NSE SME[email protected] (38.89%) | 36 | -- | 36 (0.00%) | ₹10.82Cr | 3000 | 26-Aug | 30-Aug | 5-Sep | 8-Sep | 7-Sep 12:44 | |
Sunrest Lifescience NSE SMEL@84 (0.00%) | 84 | 5 | 89 (5.95%) | ₹10.85 Cr | 1600 | 7-Nov | 9-Nov | 15-Nov | 20-Nov | 20-Nov 8:30 | |
Marinetrans India NSE SMEL@30 (15.38%) | 26 | 3 | 29 (11.54%) | ₹10.92 Cr | 4000 | 30-Nov | 5-Dec | 6-Dec | 8-Dec | 8-Dec 8:31 | |
Naturo Indiabull BSE SME[email protected] (-16.67%) | 30 | 4 | 34 (13.33%) | ₹10.92 Cr. | 4000 | 22-Aug | 24-Aug | 29-Aug | 2-Sep | 2-Sep 9:56 | |
RBZ Jewellers IPOL@100 (0.00%) | 100 | -- | 100 (0.00%) | ₹100.00 Cr | 150 | 19-Dec | 21-Dec | 22-Dec | 27-Dec | 27-Dec 5:03 | |
Jyoti CNC Automation IPOL@370 (11.78%) | 331 | 38 | 369 (11.48%) | ₹1000.00 Cr | 45 | 9-Jan | 11-Jan | 12-Jan | 16-Jan | 16-Jan 8:26 | |
Happy Forgings IPOL@1000 (17.65%) | 850 | 235 | 1085 (27.65%) | ₹1008.59 Cr | 17 | 19-Dec | 21-Dec | 22-Dec | 27-Dec | 27-Dec 5:03 | |
Go Fashion IPO[email protected] (89.86%) | 690 | 495 | 1185 (71.74%) | ₹1013.61 Cr | 21 | 17-Nov | 22-Nov | 25-Nov | 30-Nov | 30-Nov 8:06 | |
Tarsons Products IPO[email protected] (3.02%) | 662 | 180 | 842 (27.19%) | ₹1023.84 | 22 | 15-Nov | 17-Nov | 23-Nov | 26-Nov | 26-Nov 7:58 | |
SBFC Finance IPOL@82 (43.86%) | 57 | 26 | 83 (45.61%) | ₹1025.00 Cr | 260 | 3-Aug | 7-Aug | 10-Aug | 16-Aug | 16-Aug 8:35 | |
MapmyIndia IPO[email protected] (51.50%) | 1033 | 670 | 1703 (64.86%) | ₹1040 Cr | 14 | 9-Dec | 13-Dec | 16-Dec | 21-Dec | 21-Dec 6:52 | |
Spectrum Talent Management NSE SMEL@155 (-10.40%) | 173 | -12 | 161 (-6.94%) | ₹105.14 Cr | 800 | 9-Jun | 14-Jun | 19-Jun | 22-Jun | 22-Jun 9:49 | |
Fedbank Financial Services IPO[email protected] (-1.61%) | 140 | -- | 140 (0.00%) | ₹1092.26 Cr | 107 | 22-Nov | 24-Nov | 28-Nov | 30-Nov | 30-Nov 8:30 | |
Slone Infosystems NSE SMEUpcoming | 79 | -- | 79 (0.00%) | ₹11.06 Cr | 1600 | 3-May | 7-May | 8-May | 10-May | 27-Apr 13:56 | |
Retina Paints BSE SME[email protected] (-3.17%) | 30 | 5 | 35 (16.67%) | ₹11.10 Cr | 4000 | 19-Apr | 24-Apr | 27-Apr | 3-May | 3-May 8:00 | |
C P S NSE SMEL@450 (143.24%) | 185 | 135 | 320 (72.97%) | ₹11.10 Cr | 600 | 29-Aug | 31-Aug | 5-Sep | 7-Sep | 7-Sep 9:26 | |
Dev Labtech Venture BSE SME[email protected] (0.00%) | 51 | 8 | 59 (15.69%) | ₹11.22 Cr | 2000 | 17-Mar | 21-Mar | 24-Mar | 29-Mar | 29-Mar 9:01 |
Explanation of Grey Market and GMP in simple terms:
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
With the above example for Rs 20 Cr IPO
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.