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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 |
---|---|---|---|---|---|---|---|---|---|---|---|
Zomato IPO[email protected] (52.63%) | 76 | 22 | 98 (28.95%) | ₹9,375 Cr | 195 | 14-Jul | 16-Jul | 21-Jul | 23-Jul | 23-Jul 9:07 | |
Zenith Drugs NSE SME[email protected] (39.24%) | 79 | 35 | 114 (44.30%) | ₹40.68 Cr | 1600 | 19-Feb | 22-Feb | 23-Feb | 27-Feb | 27-Feb 8:31 | |
Zeal Global Services NSE SMEL@147 (42.72%) | 103 | 1 | 104 (0.97%) | ₹36.46 Cr | 1200 | 28-Jul | 1-Aug | 4-Aug | 9-Aug | 9-Aug 9:30 | |
Zaggle Prepaid Ocean IPOL@164 (0.00%) | 164 | 11 | 175 (6.71%) | ₹563.38 Cr | 90 | 14-Sep | 18-Sep | 22-Sep | 22-Sep | 22-Sep 9:28 | |
Yudiz Solutions NSE SME[email protected] (12.12%) | 165 | 25 | 190 (15.15%) | ₹44.84 Cr | 800 | 4-Aug | 8-Aug | 11-Aug | 17-Aug | 17-Aug 9:29 | |
Yatra Online IPO[email protected] (-10.21%) | 142 | -- | 142 (0.00%) | ₹775.00 Cr | 105 | 15-Sep | 20-Sep | 25-Sep | 28-Sep | 28-Sep 9:31 | |
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Yatharth Hospital IPO[email protected] (2.03%) | 300 | 75 | 375 (25.00%) | ₹686.55 Cr | 50 | 26-Jul | 28-Jul | 2-Aug | 7-Aug | 7-Aug 8:56 | |
Yasons Chemex Care NSE SME[email protected] (-20.00%) | 40 | 4 | 44 (10.00%) | ₹20.57 Cr | 3000 | 24-Jul | 26-Jul | 31-Jul | 3-Aug | 3-Aug 8:56 | |
Yash Optics & NSE SME[email protected] (11.11%) | 81 | 14 | 95 (17.28%) | ₹53.15 Cr | 1600 | 27-Mar | 3-Apr | 4-Apr | 8-Apr | 8-Apr 9:29 | |
WTI Cabs NSE SME[email protected] (32.65%) | 147 | 71 | 218 (48.30%) | ₹94.68 Cr | 1000 | 12-Feb | 14-Feb | 15-Feb | 19-Feb | 19-Feb 8:32 | |
WomenCart NSE SMEL@117 (36.05%) | 86 | 30 | 116 (34.88%) | ₹9.56 Cr | 1600 | 16-Oct | 18-Oct | 23-Oct | 27-Oct | 27-Oct 9:31 | |
Windlas Biotech IPO[email protected] (-5.00%) | 460 | 80 | 540 (17.39%) | ₹401.54 Cr | 30 | 4-Aug | 6-Aug | 11-Aug | 16-Aug | 16-Aug 7:49 | |
Vrundavan Plantation BSE SME[email protected] (-0.93%) | 108 | -- | 108 (0.00%) | ₹15.29 Cr | 1200 | 30-Oct | 1-Nov | 6-Nov | 6-Nov | 6-Nov 8:24 | |
Vruddhi Engineering Works BSE SMEL@71 (1.43%) | 70 | -- | 70 (0.00%) | ₹4.76 Cr | 2000 | 26-Mar | 28-Mar | 1-Apr | 3-Apr | 3-Apr 9:23 | |
Viviana Power Tech NSE SME[email protected] (63.64%) | 55 | 30 | 85 (54.55%) | ₹8.8 Cr | 2000 | 5-Sep | 8-Sep | 13-Sep | 16-Sep | 16-Sep 9:16 | |
Vivaa Tradecom BSE SME[email protected] (-20.00%) | 51 | -- | 51 (0.00%) | ₹7.99 Cr | 2000 | 27-Sep | 4-Oct | 9-Oct | 12-Oct | 12-Oct 9:23 | |
Vital Chemtech NSE SME[email protected] (62.38%) | 101 | 80 | 181 (79.21%) | ₹64.64 Cr | 1200 | 31-Oct | 3-Nov | 9-Nov | 14-Nov | 14-Nov 8:03 | |
Vishwas Agri Seeds NSE SME[email protected] (-1.16%) | 86 | 9 | 95 (10.47%) | ₹25.80 Cr | 1600 | 21-Mar | 26-Mar | 27-Mar | 1-Apr | 1-Apr 9:29 | |
Vishnusurya Projects and NSE SMEL@73 (7.35%) | 68 | 7 | 75 (10.29%) | ₹49.98 Cr | 2000 | 29-Sep | 5-Oct | 9-Oct | 10-Oct | 10-Oct 9:25 | |
Vishnu Prakash R IPOL@165 (66.67%) | 99 | 62 | 161 (62.63%) | ₹308.88 Cr | 150 | 24-Aug | 28-Aug | 31-Aug | 5-Sep | 5-Sep 9:28 | |
Virtuoso Optoelectronics BSE SME[email protected] (108.93%) | 56 | -- | 56 (0.00%) | ₹30.24 Cr | 2000 | 2-Sep | 7-Sep | 12-Sep | 15-Sep | 14-Sep 10:33 | |
Vinyas Innovative Technologies NSE SMEL@330 (100.00%) | 165 | 67 | 232 (40.61%) | ₹54.66 Cr | 800 | 27-Sep | 3-Oct | 4-Oct | 6-Oct | 6-Oct 9:31 | |
Vinsys IT Services NSE SME[email protected] (61.91%) | 128 | 60 | 188 (46.88%) | ₹49.84 Cr | 1000 | 1-Aug | 4-Aug | 9-Aug | 11-Aug | 11-Aug 9:29 | |
Vilin Bio Med NSE SME[email protected] (0.00%) | 30 | -- | 30 (0.00%) | ₹12.00 Cr | 4000 | 16-Jun | 21-Jun | 26-Jun | 30-Jun | 30-Jun 8:00 | |
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 | |
Vibhor Steel Tubes IPOL@425 (181.46%) | 151 | 140 | 291 (92.72%) | ₹72.17 Cr | 99 | 13-Feb | 15-Feb | 16-Feb | 20-Feb | 20-Feb 8:31 | |
Viaz Tyres NSE SME[email protected] (9.68%) | 62 | 2 | 64 (3.23%) | ₹20.00 Cr | 2000 | 16-Feb | 21-Feb | 24-Feb | 1-Mar | 1-Mar 8:03 | |
VI FPO[email protected] (9.09%) | 11 | 1.40 | 12.4 (12.73%) | ₹18000.00 Cr | 1298 | 18-Apr | 22-Apr | 23-Apr | 25-Apr | 25-Apr 15:01 | |
Vertexplus Technologies NSE SME[email protected] (5.21%) | 96 | 8 | 104 (8.33%) | ₹14.20 Cr | 1200 | 2-Mar | 6-Mar | 10-Mar | 15-Mar | 15-Mar 8:00 | |
Veranda Learning IPO[email protected] (14.60%) | 137 | 15 | 152 (10.95%) | ₹200 Cr | 100 | 29-Mar | 31-Mar | 5-Apr | 11-Apr | 10-Apr 13:06 | |
Venus Pipes and IPO[email protected] (2.76%) | 326 | 20 | 346 (6.13%) | ₹165.42 Cr | 46 | 11-May | 13-May | 19-May | 24-May | 24-May 8:58 | |
VELS Film International NSE SME[email protected] (1.01%) | 99 | 4 | 103 (4.04%) | ₹33.74 Cr | 1200 | 10-Mar | 14-Mar | 17-Mar | 22-Mar | 22-Mar 9:42 | |
Veerkrupa Jewellers BSE SME[email protected] (0.00%) | 27 | 1 | 28 (3.70%) | ₹8.1 Cr | 4000 | 29-Jun | 8-Jul | 8-Jul | 18-Jul | 13-Jul 8:36 | |
Veekayem Fashion and NSE SME[email protected] (78.21%) | 28 | -- | 28 (0.00%) | ₹4.44 Cr | 4000 | 5-Aug | 11-Aug | 17-Aug | 22-Aug | 22-Aug 9:21 | |
Veefin Solutions BSE SME[email protected] (4.94%) | 82 | 3 | 85 (3.66%) | ₹46.73 Cr | 1600 | 22-Jun | 26-Jun | 30-Jun | 5-Jul | 5-Jul 8:00 | |
Vedant Fashions IPO[email protected] (7.97%) | 866 | -12 | 854 (-1.39%) | ₹3149.19 Cr | 17 | 4-Feb | 8-Feb | 11-Feb | 16-Feb | 16-Feb 7:40 | |
Vedant Asset BSE SME[email protected] (62.50%) | 40 | 16 | 56 (40.00%) | ₹3 Cr | 3000 | 30-Sep | 4-Oct | 10-Oct | 12-Oct | 12-Oct 9:00 | |
Vasa Denticity NSE SME[email protected] (64.84%) | 128 | 53 | 181 (41.41%) | ₹54.07 Cr | 1000 | 23-May | 25-May | 30-May | 2-Jun | 2-Jun 8:00 | |
Varyaa Creations BSE SMEClose (Sub:3.59x) | 150 | -- | 150 (0.00%) | ₹20.10 Cr | 1000 | 22-Apr | 25-Apr | 26-Apr | 30-Apr | 27-Apr 23:25 | |
Varanium Cloud NSE SME[email protected] (7.38%) | 122 | 4 | 126 (3.28%) | ₹36.60 Cr | 1000 | 16-Sep | 20-Sep | 23-Sep | 27-Sep | 26-Sep 9:09 |
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.