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Grey Market Premium · Feb 04 – Feb 06, 2026 · Issue Price ₹176
Brandman Retail IPO GMP: ₹20.00 — 11.4% expected gain as of Feb 09, 2026
The Brandman Retail IPO Grey Market Premium (GMP) is currently trading at ₹20.00 in the unofficial grey market. Based on this, the expected listing price is ₹196.00, implying a +11.4% gain over the issue price of ₹176. GMP reflects pre-listing demand from grey market participants and is a widely tracked sentiment indicator among IPO investors.
Grey market premium over time (₹)
Latest 8 data points, most recent first
| Date / Time | GMP (₹) | Exp. Listing | Exp. Gain |
|---|---|---|---|
| Feb 09, 2026 1:24 pm | +₹20.00 | ₹196.00 | +11.4% |
| Feb 08, 2026 3:23 pm | +₹20.00 | ₹196.00 | +11.4% |
| Feb 07, 2026 4:00 pm | +₹20.00 | ₹196.00 | +11.4% |
| Feb 06, 2026 2:59 pm | +₹25.00 | ₹201.00 | +14.2% |
| Feb 05, 2026 4:27 pm | +₹26.00 | ₹202.00 | +14.8% |
| Feb 04, 2026 12:05 pm | +₹24.00 | ₹200.00 | +13.6% |
| Feb 03, 2026 3:34 pm | +₹12.00 | ₹188.00 | +6.8% |
| Feb 02, 2026 4:27 pm | +₹0.00 | ₹176.00 | +0.0% |
The Brandman Retail IPO GMP (Grey Market Premium) is the unofficial pre-listing price at which shares trade in informal markets before the IPO is listed on the stock exchange. Currently, the Brandman Retail IPO GMP stands at ₹20.00, implying an expected listing price of ₹196.00.
GMP = Expected Listing Price − Issue Price. If the issue price of Brandman Retail IPO is ₹176 and the expected listing is ₹196.00, then GMP = ₹20.00. The expected gain percentage is calculated as (GMP ÷ Issue Price) × 100. For Brandman Retail IPO, that is 11.4%.
GMP is not regulated by SEBI and reflects informal market activity. It can fluctuate significantly day-to-day and should not be the sole basis for investment decisions. Many IPOs with high GMP have listed below expectations, and vice versa. Always refer to subscription data, financials, and the DRHP before investing.
We classify GMP signals as: Hot (expected gain ≥30%), Warm (10–30%), Neutral (0–10%), and Weak (negative GMP). Brandman Retail IPO is currently classified as Warm.
The current Grey Market Premium for Brandman Retail IPO is ₹20.00 as of Feb 09, 2026. Expected listing price: ₹196.00, expected gain: 11.4%. GMP data is updated periodically from grey market sources.
A GMP of ₹20.00 means that in the unofficial grey market, Brandman Retail IPO shares are trading at ₹20.00 above the issue price. With an issue price of ₹176, this implies an expected listing at ₹196.00 (11.4% gain). GMP is purely indicative and actual listing price depends on market conditions.
GMP is an unofficial, unregulated indicator from the informal grey market. It reflects speculative pre-listing demand but can be manipulated or change rapidly. Use it as one data point alongside official subscription data, company financials, and valuation metrics. SEBI does not regulate grey market trading.
Kostak rate data for Brandman Retail IPO will be available once reported from grey market sources. Kostak represents the per-application premium in informal markets.
Brandman Retail IPO is expected to list on February 11, 2026 on NSE SME platform. The GMP on listing day is a strong short-term indicator of opening price.
GMP is unofficial and unregulated. Past GMP accuracy varies. Use alongside subscription data and fundamentals.