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Grey Market Premium · Jan 12 – Jan 15, 2026 · Issue Price ₹515
Narmadesh Brass IPO GMP: ₹0.00 — 0.0% expected gain as of Jan 18, 2026
The Narmadesh Brass IPO Grey Market Premium (GMP) is currently trading at ₹0.00 in the unofficial grey market. Based on this, the expected listing price is ₹515.00, implying a +0.0% gain over the issue price of ₹515. 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 11 data points, most recent first
| Date / Time | GMP (₹) | Exp. Listing | Exp. Gain |
|---|---|---|---|
| Jan 18, 2026 11:41 pm | +₹0.00 | ₹515.00 | +0.0% |
| Jan 17, 2026 9:06 pm | +₹0.00 | ₹515.00 | +0.0% |
| Jan 16, 2026 1:18 pm | +₹0.00 | ₹515.00 | +0.0% |
| Jan 15, 2026 12:18 pm | +₹0.00 | ₹515.00 | +0.0% |
| Jan 14, 2026 3:32 pm | +₹0.00 | ₹515.00 | +0.0% |
| Jan 13, 2026 4:47 pm | +₹0.00 | ₹515.00 | +0.0% |
| Jan 12, 2026 4:48 pm | +₹0.00 | ₹515.00 | +0.0% |
| Jan 11, 2026 4:47 pm | +₹0.00 | ₹515.00 | +0.0% |
| Jan 10, 2026 4:22 pm | +₹0.00 | ₹515.00 | +0.0% |
| Jan 09, 2026 12:21 pm | +₹0.00 | ₹515.00 | +0.0% |
| Jan 08, 2026 3:42 pm | +₹0.00 | ₹515.00 | +0.0% |
The Narmadesh Brass 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 Narmadesh Brass IPO GMP stands at ₹0.00, implying an expected listing price of ₹515.00.
GMP = Expected Listing Price − Issue Price. If the issue price of Narmadesh Brass IPO is ₹515 and the expected listing is ₹515.00, then GMP = ₹0.00. The expected gain percentage is calculated as (GMP ÷ Issue Price) × 100. For Narmadesh Brass IPO, that is 0.0%.
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). Narmadesh Brass IPO is currently classified as Neutral.
The current Grey Market Premium for Narmadesh Brass IPO is ₹0.00 as of Jan 18, 2026. Expected listing price: ₹515.00, expected gain: 0.0%. GMP data is updated periodically from grey market sources.
A GMP of ₹0.00 means that in the unofficial grey market, Narmadesh Brass IPO shares are trading at ₹0.00 above the issue price. With an issue price of ₹515, this implies an expected listing at ₹515.00 (0.0% 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 Narmadesh Brass IPO will be available once reported from grey market sources. Kostak represents the per-application premium in informal markets.
Narmadesh Brass IPO is expected to list on January 20, 2026 on BSE 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.