Grey Market Premium · Jul 09 – Jul 13, 2026 · Issue Price ₹66
The Happy Steels IPO GMP today is ₹10.00, indicating 15.2% expected listing gain.
The Happy Steels IPO Grey Market Premium (GMP) is currently trading at ₹10.00 in the unofficial grey market. Based on this, the expected listing price is ₹76.00, implying a +15.2% gain over the issue price of ₹66. 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 17 data points, most recent first
| Date / Time | GMP (₹) | Exp. Listing | Exp. Gain |
|---|---|---|---|
| Jul 15, 2026 2:15 pm | +₹10.00 | ₹76.00 | +15.2% |
| Jul 15, 2026 12:15 am | +₹12.00 | ₹78.00 | +18.2% |
| Jul 14, 2026 10:13 pm | +₹9.00 | ₹75.00 | +13.6% |
| Jul 14, 2026 10:53 am | +₹8.00 | ₹74.00 | +12.1% |
| Jul 13, 2026 9:14 pm | +₹8.00 | ₹74.00 | +12.1% |
| Jul 13, 2026 3:08 pm | +₹10.00 | ₹76.00 | +15.2% |
| Jul 13, 2026 10:15 am | +₹14.00 | ₹80.00 | +21.2% |
| Jul 12, 2026 11:58 am | +₹14.00 | ₹80.00 | +21.2% |
| Jul 11, 2026 12:54 am | +₹7.00 | ₹73.00 | +10.6% |
| Jul 10, 2026 10:07 am | +₹8.00 | ₹74.00 | +12.1% |
| Jul 09, 2026 11:18 pm | +₹8.00 | ₹74.00 | +12.1% |
| Jul 09, 2026 4:01 pm | +₹5.00 | ₹71.00 | +7.6% |
| Jul 09, 2026 12:28 pm | +₹0.00 | ₹66.00 | +0.0% |
| Jul 08, 2026 1:06 pm | +₹0.00 | ₹66.00 | +0.0% |
| Jul 07, 2026 9:58 am | +₹0.00 | ₹66.00 | +0.0% |
| Jul 06, 2026 1:36 pm | +₹0.00 | ₹66.00 | +0.0% |
| Jul 05, 2026 2:54 pm | +₹0.00 | ₹66.00 | +0.0% |
Want to understand how GMP works and how to estimate listing price? Read our guide on What is GMP in IPO.
The current Grey Market Premium for Happy Steels IPO is ₹10.00 as of Jul 15, 2026. Expected listing price: ₹76.00, expected gain: 15.2%. GMP data is updated periodically from grey market sources.
A GMP of ₹10.00 means that in the unofficial grey market, Happy Steels IPO shares are trading at ₹10.00 above the issue price. With an issue price of ₹66, this implies an expected listing at ₹76.00 (15.2% 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.
Happy Steels IPO is expected to list on July 16, 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.