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Grover Jewells IPO GMP

Subscription Closed SME

Grey Market Premium  ·  Feb 04 – Feb 06, 2026  ·  Issue Price ₹88

Neutral Signal

Grover Jewells IPO GMP: ₹2.60 — 3.0% expected gain as of Feb 09, 2026

The Grover Jewells IPO Grey Market Premium (GMP) is currently trading at ₹2.60 in the unofficial grey market. Based on this, the expected listing price is ₹90.60, implying a +3.0% gain over the issue price of ₹88. GMP reflects pre-listing demand from grey market participants and is a widely tracked sentiment indicator among IPO investors.

  • GMP Signal — Neutral: Flat to marginal grey market — listing near issue price. A flat to marginal GMP indicates the market expects the IPO to list near or marginally above the issue price.
  • GMP Movement: The GMP has risen by ₹0.00 since the previous session. Rising GMP indicates increasing grey market confidence as the listing date approaches.
Current GMP
+₹2.60
▲ ₹0.00
Updated 1 month ago
Expected Listing
₹90.60
Issue price ₹88 + GMP ₹2.60
Expected Gain
+3.0%
Neutral

GMP Trend

Grey market premium over time (₹)

GMP History

Latest 9 data points, most recent first

Date / Time GMP (₹) Exp. Listing Exp. Gain
Feb 09, 2026 1:19 pm +₹2.60 ₹90.60 +3.0%
Feb 08, 2026 4:45 pm +₹2.60 ₹90.60 +3.0%
Feb 07, 2026 5:30 pm +₹2.60 ₹90.60 +3.0%
Feb 06, 2026 2:58 pm +₹2.60 ₹90.60 +3.0%
Feb 05, 2026 4:28 pm +₹2.50 ₹90.50 +2.8%
Feb 04, 2026 12:09 pm +₹2.50 ₹90.50 +2.8%
Feb 03, 2026 3:34 pm +₹0.00 ₹88.00 +0.0%
Feb 02, 2026 4:28 pm +₹0.00 ₹88.00 +0.0%
Feb 01, 2026 6:10 pm +₹0.00 ₹88.00 +0.0%

Understanding Grover Jewells IPO Grey Market Premium

The Grover Jewells 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 Grover Jewells IPO GMP stands at ₹2.60, implying an expected listing price of ₹90.60.

How GMP is Calculated

GMP = Expected Listing Price − Issue Price. If the issue price of Grover Jewells IPO is ₹88 and the expected listing is ₹90.60, then GMP = ₹2.60. The expected gain percentage is calculated as (GMP ÷ Issue Price) × 100. For Grover Jewells IPO, that is 3.0%.

Limitations of GMP

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.

GMP Signal Guide

We classify GMP signals as: Hot (expected gain ≥30%), Warm (10–30%), Neutral (0–10%), and Weak (negative GMP). Grover Jewells IPO is currently classified as Neutral.

Frequently Asked Questions

What is the current GMP for Grover Jewells IPO?

The current Grey Market Premium for Grover Jewells IPO is ₹2.60 as of Feb 09, 2026. Expected listing price: ₹90.60, expected gain: 3.0%. GMP data is updated periodically from grey market sources.

What does Grover Jewells IPO GMP of ₹2.60 mean?

A GMP of ₹2.60 means that in the unofficial grey market, Grover Jewells IPO shares are trading at ₹2.60 above the issue price. With an issue price of ₹88, this implies an expected listing at ₹90.60 (3.0% gain). GMP is purely indicative and actual listing price depends on market conditions.

Is Grover Jewells IPO GMP reliable?

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.

What is Kostak rate for Grover Jewells IPO?

Kostak rate data for Grover Jewells IPO will be available once reported from grey market sources. Kostak represents the per-application premium in informal markets.

When will Grover Jewells IPO be listed?

Grover Jewells 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.

IPO Details

Open Date
Feb 04, 2026
Close Date
Feb 06, 2026
Allotment
Feb 09, 2026
Listing Date
Feb 11, 2026
Issue Price
₹88
Price Band
₹83 – ₹88
Lot Size
1,600 shares
Min. Investment
₹140,800
Exchange
NSE
Registrar
Maashitla Securities Private Limited (SEBI Reg. No.: INR000004370)
View Full IPO Details

GMP Signal Guide

Hot Expected gain ≥ 30%
Warm Expected gain 10–30%
Neutral Expected gain 0–10%
Weak Negative GMP / below issue

GMP is unofficial and unregulated. Past GMP accuracy varies. Use alongside subscription data and fundamentals.