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Kanishk Aluminium India IPO GMP

Subscription Closed SME

Grey Market Premium  ·  Jan 28 – Jan 30, 2026  ·  Issue Price ₹73

Neutral Signal

Kanishk Aluminium India IPO GMP: ₹0.00 — 0.0% expected gain as of Feb 04, 2026

The Kanishk Aluminium India IPO Grey Market Premium (GMP) is currently trading at ₹0.00 in the unofficial grey market. Based on this, the expected listing price is ₹73.00, implying a +0.0% gain over the issue price of ₹73. 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
+₹0.00
▲ ₹0.00
Updated 1 month ago
Expected Listing
₹73.00
Issue price ₹73 + GMP ₹0.00
Expected Gain
+0.0%
Neutral

GMP Trend

Grey market premium over time (₹)

GMP History

Latest 14 data points, most recent first

Date / Time GMP (₹) Exp. Listing Exp. Gain
Feb 04, 2026 12:10 pm +₹0.00 ₹73.00 +0.0%
Feb 03, 2026 3:37 pm +₹0.00 ₹73.00 +0.0%
Feb 02, 2026 4:28 pm +₹0.00 ₹73.00 +0.0%
Feb 01, 2026 9:29 pm +₹0.00 ₹73.00 +0.0%
Jan 31, 2026 3:01 pm +₹0.00 ₹73.00 +0.0%
Jan 30, 2026 3:04 pm +₹3.00 ₹76.00 +4.1%
Jan 29, 2026 6:23 pm +₹0.00 ₹73.00 +0.0%
Jan 28, 2026 4:40 pm +₹0.00 ₹73.00 +0.0%
Jan 27, 2026 4:44 pm +₹0.00 ₹73.00 +0.0%
Jan 26, 2026 4:00 pm +₹0.00 ₹73.00 +0.0%
Jan 25, 2026 4:55 pm +₹0.00 ₹73.00 +0.0%
Jan 24, 2026 6:47 pm +₹0.00 ₹73.00 +0.0%
Jan 23, 2026 2:23 pm +₹0.00 ₹73.00 +0.0%
Jan 22, 2026 6:27 pm +₹0.00 ₹73.00 +0.0%

Understanding Kanishk Aluminium India IPO Grey Market Premium

The Kanishk Aluminium India 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 Kanishk Aluminium India IPO GMP stands at ₹0.00, implying an expected listing price of ₹73.00.

How GMP is Calculated

GMP = Expected Listing Price − Issue Price. If the issue price of Kanishk Aluminium India IPO is ₹73 and the expected listing is ₹73.00, then GMP = ₹0.00. The expected gain percentage is calculated as (GMP ÷ Issue Price) × 100. For Kanishk Aluminium India IPO, that is 0.0%.

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). Kanishk Aluminium India IPO is currently classified as Neutral.

Frequently Asked Questions

What is the current GMP for Kanishk Aluminium India IPO?

The current Grey Market Premium for Kanishk Aluminium India IPO is ₹0.00 as of Feb 04, 2026. Expected listing price: ₹73.00, expected gain: 0.0%. GMP data is updated periodically from grey market sources.

What does Kanishk Aluminium India IPO GMP of ₹0.00 mean?

A GMP of ₹0.00 means that in the unofficial grey market, Kanishk Aluminium India IPO shares are trading at ₹0.00 above the issue price. With an issue price of ₹73, this implies an expected listing at ₹73.00 (0.0% gain). GMP is purely indicative and actual listing price depends on market conditions.

Is Kanishk Aluminium India 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 Kanishk Aluminium India IPO?

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

When will Kanishk Aluminium India IPO be listed?

Kanishk Aluminium India IPO is expected to list on February 04, 2026 on BSE SME platform. The GMP on listing day is a strong short-term indicator of opening price.

IPO Details

Open Date
Jan 28, 2026
Close Date
Jan 30, 2026
Allotment
Feb 02, 2026
Listing Date
Feb 04, 2026
Issue Price
₹73
Price Band
₹73 – ₹73
Lot Size
1,600 shares
Min. Investment
₹116,800
Exchange
BSE
Registrar
KFin Technologies Limited
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.