FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
SME IPO GMP is trending for ABS Marine Services, Mandeep Auto Industries, Indian Emulsifier, Veritaas Advertising, Quest Laboratories, Rulka Electricals, Hariom Atta & 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 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 |
---|---|---|---|---|---|---|---|---|---|---|---|
A G Universal NSE SME[email protected] (0.00%) | 60 | 4 | 64 (6.67%) | ₹8.72 Cr | 2000 | 11-Apr | 13-Apr | 19-Apr | 24-Apr | 24-Apr 9:37 | |
Aatmaj Healthcare NSE SME[email protected] (-6.67%) | 60 | 3 | 63 (5.00%) | ₹38.40 Cr | 2000 | 19-Jun | 21-Jun | 26-Jun | 30-Jun | 30-Jun 9:38 | |
ABS Marine Services NSE SMEClose (Sub:144.44x) | 147 | 95 | 242 (64.63%) | ₹96.29 Cr | 1000 | 10-May | 15-May | 16-May | 21-May | 17-May 10:54 | |
AccelerateBS India BSE SME[email protected] (21.67%) | 90 | 11 | 101 (12.22%) | ₹5.69 Cr | 1600 | 6-Jul | 11-Jul | 14-Jul | 19-Jul | 19-Jul 8:57 | |
Accent Microcell NSE SME[email protected] (114.29%) | 140 | 203 | 343 (145.00%) | ₹78.40 Cr | 1000 | 8-Dec | 12-Dec | 13-Dec | 15-Dec | 15-Dec 8:32 | |
Agarwal Float Glass NSE SME[email protected] (4.76%) | 42 | -5 | 37 (-11.90%) | ₹9.20 Cr | 3000 | 10-Feb | 15-Feb | 20-Feb | 23-Feb | 23-Feb 8:11 | |
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 | |||||||||||
Agni Green Power NSE SME[email protected] (150.00%) | 10 | -- | 10 (0.00%) | ₹5.25 Cr | 10000 | 20-Jul | 22-Jul | 27-Jul | 1-Aug | 19-Jul 9:54 | |
Ahasolar Technologies BSE SME[email protected] (29.30%) | 157 | 12 | 169 (7.64%) | ₹12.85 Cr | 800 | 10-Jul | 13-Jul | 18-Jul | 21-Jul | 21-Jul 9:04 | |
AIK Pipes And BSE SMEL@100 (12.36%) | 89 | 5 | 94 (5.62%) | ₹15.02 Cr | 1600 | 26-Dec | 28-Dec | 29-Dec | 2-Jan | 2-Jan 8:30 | |
Akanksha Power and NSE SMEL@62 (12.73%) | 55 | 10 | 65 (18.18%) | ₹27.49 Cr | 2000 | 27-Dec | 29-Dec | 1-Jan | 3-Jan | 3-Jan 8:29 | |
All E Technologies NSE SME[email protected] (38.89%) | 90 | 45 | 135 (50.00%) | ₹48.20Cr | 1600 | 9-Dec | 13-Dec | 16-Dec | 21-Dec | 21-Dec 7:53 | |
Alpex Solar NSE SME[email protected] (186.09%) | 115 | 148 | 263 (128.70%) | ₹74.52 Cr | 1200 | 8-Feb | 12-Feb | 13-Feb | 15-Feb | 15-Feb 8:28 | |
Alphalogic Industries BSE SME[email protected] (0.00%) | 96 | -- | 96 (0.00%) | ₹12.88 Cr | 1200 | 3-Jul | 6-Jul | 11-Jul | 14-Jul | 14-Jul 9:32 | |
Aluwind Architectural NSE SME[email protected] (0.00%) | 45 | 5 | 50 (11.11%) | ₹29.70 Cr | 3000 | 28-Mar | 4-Apr | 5-Apr | 9-Apr | 9-Apr 9:29 | |
Amanaya Ventures BSE SME[email protected] (-12.61%) | 23 | -2 | 21 (-8.70%) | ₹2.76 Cr | 6000 | 24-Feb | 28-Feb | 3-Mar | 9-Mar | 9-Mar 8:08 | |
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 | |
Ameya Precision Engineers NSE SME[email protected] (101.18%) | 34 | -- | 34 (0.00%) | ₹7.14 Cr | 4000 | 25-Aug | 30-Aug | 5-Sep | 8-Sep | 7-Sep 12:44 | |
Amiable Logistics (India) NSE SME[email protected] (60.43%) | 81 | 48 | 129 (59.26%) | ₹4.36Cr | 1600 | 2-Nov | 7-Nov | 11-Nov | 16-Nov | 16-Nov 6:53 | |
AMIC Forging BSE SME[email protected] (90.00%) | 126 | 135 | 261 (107.14%) | ₹34.80 Cr | 1000 | 29-Nov | 1-Dec | 4-Dec | 6-Dec | 6-Dec 8:30 | |
Amkay Products BSE SME[email protected] (90.00%) | 55 | 62 | 117 (112.73%) | ₹12.61 Cr | 2000 | 30-Apr | 3-May | 6-May | 8-May | 8-May 9:23 | |
Anlon Technology Solutions NSE SME[email protected] (151.10%) | 100 | 60 | 160 (60.00%) | ₹15.00Cr | 1200 | 29-Dec | 2-Jan | 5-Jan | 10-Jan | 10-Jan 8:10 | |
Annapurna Swadisht NSE SME[email protected] (71.43%) | 70 | 56 | 126 (80.00%) | ₹30.25 Cr | 2000 | 15-Sep | 19-Sep | 22-Sep | 27-Sep | 26-Sep 9:09 | |
Arabian Petroleum NSE SME[email protected] (10.57%) | 70 | 9 | 79 (12.86%) | ₹20.24 Cr | 2000 | 25-Sep | 27-Sep | 4-Oct | 9-Oct | 9-Oct 9:25 | |
Arham Technology NSE SME[email protected] (42.86%) | 42 | 25 | 67 (59.52%) | ₹9.58Cr | 3000 | 5-Dec | 7-Dec | 12-Dec | 15-Dec | 15-Dec 8:06 | |
Arihant Academy NSE SME[email protected] (33.44%) | 90 | 38 | 128 (42.22%) | ₹14.72Cr | 1600 | 16-Dec | 21-Dec | 26-Dec | 29-Dec | 29-Dec 7:50 | |
Aristo Bio-Tech and NSE SME[email protected] (11.11%) | 72 | 36 | 108 (50.00%) | ₹13.05 Cr | 1600 | 16-Jan | 19-Jan | 24-Jan | 30-Jan | 30-Jan 8:07 | |
Arrowhead Seperation Engineering BSE SME[email protected] (7.30%) | 233 | 25 | 258 (10.73%) | ₹13.00 Cr | 600 | 16-Nov | 20-Nov | 23-Nov | 28-Nov | 28-Nov 8:32 | |
Arvind and Company NSE SMEL@80 (77.78%) | 45 | 18 | 63 (40.00%) | ₹14.74 Cr | 3000 | 12-Oct | 16-Oct | 19-Oct | 25-Oct | 25-Oct 9:26 | |
Asarfi Hospital BSE SME[email protected] (90.00%) | 52 | 37 | 89 (71.15%) | ₹26.94 Cr | 2000 | 17-Jul | 19-Jul | 24-Jul | 26-Jul | 26-Jul 8:54 | |
Aspire & Innovative NSE SME[email protected] (4.63%) | 54 | 4 | 58 (7.41%) | ₹21.97 Cr | 2000 | 26-Mar | 28-Mar | 1-Apr | 3-Apr | 3-Apr 9:32 | |
Atmastco NSE SMEL@91 (18.18%) | 77 | 6 | 83 (7.79%) | ₹56.25 Cr | 1600 | 15-Feb | 20-Feb | 21-Feb | 23-Feb | 23-Feb 8:29 | |
Auro Impex n NSE SME[email protected] (0.00%) | 78 | 2 | 80 (2.56%) | ₹27.07 Cr | 1600 | 11-May | 15-May | 18-May | 23-May | 23-May 9:33 | |
Australian Premium Solar NSE SMEL@140 (159.26%) | 54 | 55 | 109 (101.85%) | ₹28.08 Cr | 2000 | 11-Jan | 15-Jan | 16-Jan | 18-Jan | 18-Jan 8:23 | |
AVP Infracon NSE SME[email protected] (5.33%) | 75 | -- | 75 (0.00%) | ₹52.34 Cr | 1600 | 13-Mar | 15-Mar | 18-Mar | 20-Mar | 20-Mar 9:24 | |
Aztec Fluids & BSE SME[email protected] (34.33%) | 67 | 54 | 121 (80.60%) | ₹24.12 Cr | 2000 | 10-May | 14-May | 15-May | 17-May | 17-May 9:32 | |
B Right Real BSE SME[email protected] (1.31%) | 153 | -- | 153 (0.00%) | ₹44.36 Cr. | 800 | 30-Jun | 5-Jul | 8-Jul | 13-Jul | 30-Jun 9:30 | |
Baba Food Processing NSE SME[email protected] (0.00%) | 76 | 10 | 86 (13.16%) | ₹33.00 Cr | 1600 | 3-Nov | 7-Nov | 10-Nov | 15-Nov | 15-Nov 8:31 | |
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 | |
Balaji Valve Component BSE SMEL@190 (90.00%) | 100 | 51 | 151 (51.00%) | ₹21.60 Cr | 1200 | 27-Dec | 29-Dec | 1-Jan | 3-Jan | 3-Jan 5:03 | |
Basilic Fly Studio NSE SMEL@271 (179.38%) | 97 | 230 | 327 (237.11%) | ₹66.35 Cr | 1200 | 1-Sep | 5-Sep | 7-Sep | 11-Sep | 11-Sep 9:27 |
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.