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Live grey market premium for every Mainboard & SME IPO on NSE & BSE: GMP, expected listing price, estimated gain and subscription data, all in one place. Rates sourced daily from grey market dealers across India.
IPOs whose grey-market premium moved most since the last update.
No active IPOs with a positive GMP to show right now. Check back once upcoming or ongoing IPOs have grey market activity.
Sortable, filterable. Click any row for full GMP history and prospectus.
| Company | GMP | Issue Price | Est. Listing / Gain | Subscription | Profit/Lot | Open | Close | Listing | |
|---|---|---|---|---|---|---|---|---|---|
|
R.K.Fashion Accessories IPO
Ongoing
NSE SME
Open: 05 Oct Close: 07 Oct List: 12 Oct
|
₹0(0.00%)
|
₹82 |
₹82
+0.0% ↑
|
0.1× | ▲ +₹0 | 05 Oct | 07 Oct | 12 Oct |
Issue Price
₹82
Profit/Lot
▲ +₹0
Est. Listing Price
₹82
|
|
Acme India Industries IPO
Ongoing
BSE SME
Open: 30 Sep Close: 06 Oct List: 09 Oct
|
₹30(15.31%)
|
₹196 |
₹226
+15.3% ↑
|
2.87× | ▲ +₹18,000 | 30 Sep | 06 Oct | 09 Oct |
Issue Price
₹196
Profit/Lot
▲ +₹18,000
Est. Listing Price
₹226
|
|
TNA Solutions IPO
Ongoing
BSE SME
Open: 30 Sep Close: 06 Oct List: 09 Oct
|
₹10(14.29%)
|
₹70 |
₹80
+14.3% ↑
|
2.36× | ▲ +₹20,000 | 30 Sep | 06 Oct | 09 Oct |
Issue Price
₹70
Profit/Lot
▲ +₹20,000
Est. Listing Price
₹80
|
|
Paramount Syntex IPO
Ongoing
BSE SME
Open: 30 Sep Close: 06 Oct List: 09 Oct
|
₹0(0.00%)
|
₹127 |
₹127
+0.0% ↑
|
1.4× | ▲ +₹0 | 30 Sep | 06 Oct | 09 Oct |
Issue Price
₹127
Profit/Lot
▲ +₹0
Est. Listing Price
₹127
|
Full grey-market premium history for the most active IPO right now.
| Date | GMP | Δ | List. gain |
|---|---|---|---|
| 05 Oct (today) | ₹0 | – | +0.0% |
| 05 Oct (today) | ₹0 | – | +0.0% |
| 05 Oct (today) | ₹0 | – | +0.0% |
| 05 Oct (today) | ₹0 | – | +0.0% |
Predicted (last GMP before listing) vs actual listing performance, last 4 listings.
Plain answers to the questions retail investors actually ask.
GMP (Grey Market Premium) is the per-share price at which IPO shares change hands in the unofficial grey market before listing on NSE or BSE. Think of it as a live poll of what serious buyers are willing to pay right now, before allotment or listing.
A GMP of ₹50 on an IPO priced at ₹200 implies an expected listing of ₹250, a 25% gain. Negative GMP means the market expects a loss on listing day.
GMP is not regulated by SEBI and can be manipulated. Treat it as one data point, not a guarantee.
Negative GMP (also called a grey market discount) means sellers are accepting below the issue price in the grey market. It almost always signals that listing at a loss is likely.
For example, a GMP of −₹30 on a ₹100 IPO suggests the market expects listing around ₹70. If you see strong negative GMP two days before listing, consider your options carefully, especially if you plan to sell on listing day.
Simple formula: Expected Listing Price = Issue Price + GMP.
If an IPO has an issue price of ₹150 and current GMP is ₹45, the grey market implies a listing at ₹195, roughly 30% gain. The gain percentage shown on this page is calculated the same way. Actual listing on NSE/BSE may differ.
GMP is driven by real-time sentiment. The biggest triggers: day-3 subscription data (especially QIB and HNI portions), anchor investor lock-in disclosures, broader Nifty/Sensex moves, and operator positioning before listing day.
Swings of ±₹20–50 in a single day are completely normal during the bidding window. A GMP that looks good on Day 1 of subscription can reverse sharply by Day 3.