Live IPO GMP

Track live Grey Market Premium (GMP) with sources and timestamps for all IPOs

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Note: IPO GMP is trending for ICICI Prudential AMC IPO, Nephrocare Health IPO, Shyam Dhani Industries IPO, HRS Aluglaze IPO, KSH International IPO, Park Medi World IPO, Pajson Agro IPO, Wakefit IPO 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 IPOs. Estimated Listing Price is also calculated by adding up GMP and IPO cap price.

Current IPO GMP (Total Records: 17)

IPO	Signal	Expected Gain	Expected Listing	GMP	Subscription	Band	Lot	Window / Status
ICICI Prudential AMC IPO ICICI Prudential AMC mainboard • NSE,BSE	Warm	15.24%	₹2,435	₹322 ▲ 42	—	₹2,061–2,165	6	Closed
Nephrocare Health IPO NEPHROPLUS mainboard • NSE,BSE	Neutral	7.57%	₹483	₹34 ▼ 1	—	₹438–460	32	Listed 17 Dec
Shyam Dhani Industries IPO To be announce sme • NSE	Hot	40%	₹94.5	₹27 ▲ 6	—	₹65–70	2,000	Upcoming
HRS Aluglaze IPO HRSAUL sme • BSE	Warm	20%	₹114	₹19 ▲ 0	—	₹94–96	1,200	Closed
KSH International IPO KSHINT mainboard • NSE,BSE	Neutral	1.6%	₹380.5	₹6 ▲ 6	—	₹365–384	39	Open
Park Medi World IPO PARKHOSPS mainboard • NSE,BSE	Neutral	3.16%	₹163	₹5 ▲ 1.5	—	₹154–162	92	Listed 17 Dec
Pajson Agro IPO PAJSON sme • BSE	Neutral	3.48%	₹119	₹4 ▲ 0	—	₹112–118	1,200	Closed
Exim Routes IPO EXIMROUTES sme • NSE	Neutral	3.51%	₹88.5	₹3 ▼ 3	—	₹83–88	1,600	Closed
Ashwini Container Movers IPO ASHWINI sme • NSE	Neutral	2.17%	₹141.5	₹3 ▲ 0	—	₹135–142	1,000	Closed
Unisem Agritech IPO UNISEM sme • BSE	Neutral	0%	₹64	₹0 ▲ 0	—	₹63–65	2,000	Listed 17 Dec
Stanbik Agro IPO STANBIK sme • BSE	Neutral	0%	₹30	₹0 ▲ 0	—	₹30–30	4,000	Closed
Global Ocean Logistics India IPO GOLIL sme • BSE	Neutral	0%	₹76	₹0 ▲ 0	—	₹74–78	1,600	Open
MARC Technocrats IPO MARC sme • NSE	Neutral	0%	₹90.5	₹0 ▲ 0	—	₹88–93	1,200	Open
Gujarat Kidney IPO To be announce mainboard • NSE,BSE	—	—	—	₹0 ▲ 0	—	—	—	Upcoming
Dachepalli Publishers IPO To be announce sme • BSE	—	—	—	₹0 ▲ 0	—	—	—	Upcoming
Neptune Logitek IPO NEPTUNE sme • BSE	Neutral	0%	₹126	₹0 ▼ 1	—	₹126–126	1,000	Closed
Wakefit IPO mainboard • NSE,BSE	Neutral	2.11%	₹194	₹4 ▲ 0	—	₹185–195	76	Listed 15 Dec

What is Grey Market and GMP?

Grey Market is an unofficial market for Pre-IPO trading where investors can buy and sell IPO applications or shares before the official listing on stock exchanges. This market operates outside the regulatory framework of stock exchanges and is based on trust and word-of-mouth communication.

Key Terms Explained

GMP (Grey Market Premium)

The premium per share that investors are willing to pay above the IPO issue price. Higher GMP indicates strong market sentiment and potential listing gains.

Kostak

The premium per application that dealers pay to investors for their IPO application form, regardless of allotment. This is paid upfront when you sell your application.

Subject to (Sub2) Sauda

The premium paid for an IPO application only if shares are allotted. The transaction is conditional on successful allotment in the IPO.

Estimated Listing Price

Calculated by adding GMP to the IPO issue price (usually midpoint of price band). This gives an estimated price at which shares might list.

Important Points to Remember

Grey Market is an unregulated, unofficial market operating outside stock exchange framework
All transactions are done in cash only, with no written contracts (just small slips of paper)
There are no official dealers; all trading happens through word-of-mouth and trust
Higher GMP generally indicates stronger market sentiment and potential for listing gains
GMP activity can start even before price band announcement
GMP is indicative only and should not be the sole basis for investment decisions

Important Disclaimer

GMP figures shown here are for news and informational purposes only. We do not trade, deal, or support grey market transactions. Always consider company fundamentals, financials, promoter background, and business model before making any investment decisions.

Avoid investing in IPOs solely based on GMP. Consult a SEBI-registered financial advisor before making investment decisions. GMP data is based on market perception and publicly available sources only.

Ongoing IPOs

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Upcoming IPOs

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Frequently Asked Questions

What do you mean by "Seller Only" in GMP?

GMP Seller Only means there are sellers in the grey market but no buyers willing to purchase at that price. This situation is similar to a lower circuit in stock markets where there are sellers but no buyers. This can be caused by low IPO subscription, overselling, or negative market sentiment. It may indicate that the listing could be at par or below the GMP price. Consider this as a negative signal, though the situation may change before listing day. Always check company fundamentals before making investment decisions.

What is "Buyer Only" in GMP?

For every seller, there must be a buyer in the market. The same principle applies to the grey market. However, sometimes there are only buyers and no sellers. In stock markets, this is called the upper circuit. Similarly, in the grey market, if no investor is willing to sell their IPO application, it creates a "buyer only" situation. This typically happens when investors expect better returns on listing day or want to hold shares long-term. Consider this as a positive signal indicating strong demand.

Why am I not getting SME IPO Allotment?

This is a growing concern for many SME IPO investors. Even after applying to multiple SME IPOs, you might not receive a single allotment. Here's why:

SME IPOs have unique characteristics:

Small issue size: SME IPOs typically have much smaller issue sizes (e.g., ₹20 Cr) compared to mainboard IPOs
Large lot sizes: SME IPOs often have larger lot sizes (e.g., 1200 shares) requiring higher investment per application
Limited allottees: With small issue sizes and large lot sizes, the number of successful allottees is very limited

Example: For a ₹20 Cr SME IPO with 50% retail quota, lot size of 1200 shares at ₹100/share, only about 833 retail applications can be selected. This is significantly lower than mainboard IPOs. Additionally, oversubscription rates further reduce the probability of allotment. In contrast, mainboard IPOs have larger issue sizes and smaller lot sizes, resulting in many more allottees.

GMP & Investment Disclaimer

Grey Market Premium (GMP) figures shown on IPO Rise are only for news and informational purposes.
We do not trade, deal, or support grey market or subject-to (sub2) transactions.
Avoid investing in IPOs solely based on GMP — always consider broader fundamentals.
Analyze company financials, promoter background, and business model before investing.
Consult a SEBI-registered financial advisor before making any decisions.
IPO Rise does not associate with any GMP market operators.
GMP data is based on market perception and publicly available sources only.
Use your own discretion and risk assessment when making IPO investment decisions.

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