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Mainboard IPO GMP is trending for Indegene, TBO Tek, Aadhar Housing Finance 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 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 |
---|---|---|---|---|---|---|---|---|---|---|---|
Aadhar Housing Finance IPOOpen (Sub:0.47x) | 315 | 71 | 386 (22.54%) | ₹3000.00 Cr | 47 | 8-May | 10-May | 13-May | 15-May | 8-May 18:28 | |
Abans Holdings IPO[email protected] (1.11%) | 270 | 3 | 273 (1.11%) | ₹345.60Cr | 55 | 12-Dec | 15-Dec | 20-Dec | 23-Dec | 23-Dec 7:52 | |
Adani Wilmar IPO[email protected] (-1.30%) | 230 | 23 | 253 (10.00%) | ₹3,600 Cr | 65 | 27-Jan | 31-Jan | 3-Feb | 8-Feb | 8-Feb 7:40 | |
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 | |
Aeroflex Industries IPO[email protected] (75.93%) | 108 | 71 | 179 (65.74%) | ₹351.00 Cr | 130 | 22-Aug | 24-Aug | 29-Aug | 31-Aug | 31-Aug 9:30 | |
Aether Industries IPO[email protected] (9.66%) | 642 | 55 | 697 (8.57%) | ₹808 Cr | 23 | 24-May | 26-May | 31-May | 3-Jun | 3-Jun 7:21 | |
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AGS Transact Technologies IPO[email protected] (0.00%) | 175 | -6 | 169 (-3.43%) | ₹680 Cr | 85 | 19-Jan | 21-Jan | 27-Jan | 31-Jan | 31-Jan 7:57 | |
Ami Organics IPO[email protected] (49.18%) | 610 | 155 | 765 (25.41%) | ₹569.64 Cr | 24 | 1-Sep | 3-Sep | 8-Sep | 14-Sep | 14-Sep 9:18 | |
Anand Rathi IPO[email protected] (9.09%) | 550 | 45 | 595 (8.18%) | ₹660 Cr | 27 | 2-Dec | 6-Dec | 9-Dec | 14-Dec | 14-Dec 7:53 | |
Angel Broking IPO[email protected] (-10.13%) | 306 | -5 | 301 (-1.63%) | ₹600 Cr | 49 | 22-Sep | 24-Sep | 29-Sep | 5-Oct | 30-Sep 22:56 | |
Antony Waste Ltd IPO[email protected] (36.51%) | 315 | 175 | 490 (55.56%) | ₹299.99 Cr | 47 | 21-Dec | 23-Dec | 29-Dec | 1-Jan | 26-Dec 9:29 | |
Anupam Rasayan IPO[email protected] (-6.31%) | 555 | 60 | 615 (10.81%) | ₹760 Cr. | 27 | 12-Mar | 16-Mar | 19-Mar | 24-Mar | 24-Mar 9:14 | |
Apeejay Surrendra Park IPOL@186 (20.00%) | 155 | 38 | 193 (24.52%) | ₹920.00 Cr | 96 | 5-Feb | 7-Feb | 8-Feb | 12-Feb | 12-Feb 8:29 | |
Aptus Value Housing IPO[email protected] (-5.67%) | 353 | -12 | 341 (-3.40%) | ₹2,780 Cr. | 42 | 10-Aug | 12-Aug | 18-Aug | 24-Aug | 24-Aug 9:19 | |
Archean Chemical IPO[email protected] (10.57%) | 407 | 127 | 534 (31.20%) | ₹1462.31 Cr | 36 | 9-Nov | 11-Nov | 16-Nov | 21-Nov | 21-Nov 7:53 | |
ASK Automotive IPO[email protected] (7.55%) | 282 | 28 | 310 (9.93%) | ₹834.00 Cr | 53 | 7-Nov | 9-Nov | 10-Nov | 15-Nov | 15-Nov 8:27 | |
Avalon Technologies IPO[email protected] (0.00%) | 436 | 7 | 443 (1.61%) | ₹865.00 Cr | 34 | 3-Apr | 6-Apr | 12-Apr | 18-Apr | 18-Apr 9:24 | |
Azad Engineering IPOL@720 (37.40%) | 524 | 195 | 719 (37.21%) | ₹740.00 Cr | 28 | 20-Dec | 22-Dec | 26-Dec | 28-Dec | 28-Dec 8:32 | |
Bharat Highways InvIT IPO[email protected] (1.10%) | 100 | 2 | 102 (2.00%) | ₹2500.00 Cr | 150 | 28-Feb | 1-Mar | 6-Mar | 12-Mar | 12-Mar 9:26 | |
Bharti Hexacom IPO[email protected] (32.46%) | 570 | 140 | 710 (24.56%) | ₹4275.00 Cr | 26 | 3-Apr | 5-Apr | 8-Apr | 12-Apr | 12-Apr 9:29 | |
Bikaji Foods International IPO[email protected] (7.60%) | 300 | 21 | 321 (7.00%) | ₹881 Cr | 50 | 3-Nov | 7-Nov | 11-Nov | 16-Nov | 16-Nov 6:51 | |
BLS E-Services IPO[email protected] (125.93%) | 135 | 155 | 290 (114.81%) | ₹310.91 Cr | 108 | 30-Jan | 1-Feb | 2-Feb | 6-Feb | 6-Feb 8:27 | |
Blue Jet Healthcare IPOL@380 (9.83%) | 346 | 22 | 368 (6.36%) | ₹840.27 Cr | 43 | 25-Oct | 27-Oct | 30-Oct | 1-Nov | 1-Nov 9:23 | |
Burger King IPO[email protected] (92.25%) | 60 | 43 | 103 (71.67%) | ₹810 Crore | 250 | 2-Dec | 4-Dec | 9-Dec | 14-Dec | 9-Dec 8:25 | |
Campus Activewear IPO[email protected] (23.29%) | 292 | 40 | 332 (13.70%) | ₹1400.14 Cr | 51 | 26-Apr | 28-Apr | 4-May | 9-May | 9-May 9:02 | |
CAMS IPO[email protected] (23.41%) | 1230 | 328 | 1558 (26.67%) | ₹2242 Cr | 12 | 21-Sep | 23-Sep | 28-Sep | 1-Oct | 30-Sep 22:57 | |
Capital Small Finance IPO[email protected] (-8.07%) | 468 | -- | 468 (0.00%) | ₹523.07 Cr | 32 | 7-Feb | 9-Feb | 12-Feb | 14-Feb | 14-Feb 8:25 | |
CarTrade Tech IPO[email protected] (-1.12%) | 1618 | 140 | 1758 (8.65%) | ₹2,998 Cr | 9 | 9-Aug | 11-Aug | 17-Aug | 20-Aug | 20-Aug 9:12 | |
Cello World Limited IPO[email protected] (27.93%) | 648 | 160 | 808 (24.69%) | ₹1900.00 Cr | 23 | 30-Oct | 1-Nov | 6-Nov | 6-Nov | 6-Nov 8:29 | |
Chemcon IPO[email protected] (115.00%) | 340 | 310 | 650 (91.18%) | ₹284 Cr | 44 | 21-Sep | 23-Sep | 28-Sep | 1-Oct | 30-Sep 22:57 | |
Chemplast Sanmar IPO[email protected] (1.66%) | 541 | -15 | 526 (-2.77%) | ₹3,850 Cr | 27 | 10-Aug | 12-Aug | 18-Aug | 24-Aug | 24-Aug 9:19 | |
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 | |
CMS Info Systems IPO[email protected] (1.94%) | 216 | -8 | 208 (-3.70%) | ₹1100 Cr. | 69 | 21-Dec | 23-Dec | 28-Dec | 31-Dec | 30-Dec 8:34 | |
Concord Biotech IPO[email protected] (21.46%) | 741 | 122 | 863 (16.46%) | ₹1551.00 Cr | 20 | 4-Aug | 8-Aug | 11-Aug | 18-Aug | 18-Aug 9:28 | |
Craftsman Automation IPO[email protected] (-8.79%) | 1490 | 30 | 1520 (2.01%) | ₹823.70 Cr | 10 | 15-Mar | 17-Mar | 22-Mar | 25-Mar | 25-Mar 9:47 | |
Cyient DLM IPOL@403 (52.08%) | 265 | 135 | 400 (50.94%) | ₹592.00 Cr | 56 | 27-Jun | 30-Jun | 4-Jul | 10-Jul | 10-Jul 7:07 | |
Data Patterns IPO[email protected] (46.33%) | 585 | 320 | 905 (54.70%) | ₹588.20 Cr. | 25 | 14-Dec | 16-Dec | 21-Dec | 24-Dec | 24-Dec 7:57 | |
DCX Systems IPO[email protected] (38.65%) | 207 | 75 | 282 (36.23%) | ₹500 Cr | 72 | 31-Oct | 2-Nov | 7-Nov | 11-Nov | 11-Nov 7:55 | |
Delhivery IPO[email protected] (1.68%) | 487 | -10 | 477 (-2.05%) | ₹5235 Cr | 30 | 11-May | 13-May | 19-May | 24-May | 24-May 9:18 | |
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 |
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.