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.
Sortable, filterable. Click any row for full GMP history and prospectus.
| Company | GMP | Issue Price | Est. Listing / Gain | Subscription | Profit/Lot | Open | Close | Listing | |
|---|---|---|---|---|---|---|---|---|---|
|
Jio Platforms IPO
Upcoming
MAINBOARD
Open: 21 Oct Close: 23 Oct List: 28 Oct
|
₹146
+₹34 ↑
|
– | – | – | – | 21 Oct | 23 Oct | 28 Oct |
Issue Price
–
Profit/Lot
–
Est. Listing Price
–
|
Full grey-market premium history for the most active IPO right now.
| Date | GMP | Δ | List. gain |
|---|---|---|---|
| 05 Oct (today) | ₹146 | −₹1 | – |
| 05 Oct (today) | ₹147 | −₹4 | – |
| 05 Oct (today) | ₹151 | +₹3 | – |
| 05 Oct (today) | ₹148 | – | – |
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.
