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Novus Loyalty IPO GMP

Subscription Closed SME

Grey Market Premium  ·  Mar 17 – Mar 20, 2026  ·  Issue Price ₹146

Neutral Signal

Novus Loyalty IPO GMP: ₹0.00 — 0.0% expected gain as of Mar 25, 2026

The Novus Loyalty IPO Grey Market Premium (GMP) is currently trading at ₹0.00 in the unofficial grey market. Based on this, the expected listing price is ₹146.00, implying a +0.0% gain over the issue price of ₹146. 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 6 days ago
Expected Listing
₹146.00
Issue price ₹146 + GMP ₹0.00
Expected Gain
+0.0%
Neutral

GMP Trend

Grey market premium over time (₹)

GMP History

Latest 16 data points, most recent first

Date / Time GMP (₹) Exp. Listing Exp. Gain
Mar 25, 2026 2:27 pm +₹0.00 ₹146.00 +0.0%
Mar 24, 2026 1:05 pm +₹0.00 ₹146.00 +0.0%
Mar 23, 2026 1:36 pm +₹0.00 ₹146.00 +0.0%
Mar 22, 2026 2:44 pm +₹0.00 ₹146.00 +0.0%
Mar 21, 2026 3:52 pm +₹0.00 ₹146.00 +0.0%
Mar 20, 2026 1:58 pm +₹0.00 ₹146.00 +0.0%
Mar 19, 2026 2:34 pm +₹0.00 ₹146.00 +0.0%
Mar 18, 2026 3:42 pm +₹0.00 ₹146.00 +0.0%
Mar 17, 2026 2:47 pm +₹0.00 ₹146.00 +0.0%
Mar 16, 2026 11:26 am +₹0.00 ₹146.00 +0.0%
Mar 15, 2026 4:10 pm +₹0.00 ₹146.00 +0.0%
Mar 14, 2026 4:26 pm +₹0.00 ₹146.00 +0.0%
Mar 13, 2026 4:34 pm +₹0.00 ₹146.00 +0.0%
Mar 12, 2026 12:27 pm +₹0.00 ₹146.00 +0.0%
Mar 11, 2026 2:57 pm +₹0.00 ₹146.00 +0.0%
Mar 10, 2026 1:34 pm +₹0.00 ₹146.00 +0.0%

Understanding Novus Loyalty IPO Grey Market Premium

The Novus Loyalty 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 Novus Loyalty IPO GMP stands at ₹0.00, implying an expected listing price of ₹146.00.

How GMP is Calculated

GMP = Expected Listing Price − Issue Price. If the issue price of Novus Loyalty IPO is ₹146 and the expected listing is ₹146.00, then GMP = ₹0.00. The expected gain percentage is calculated as (GMP ÷ Issue Price) × 100. For Novus Loyalty 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). Novus Loyalty IPO is currently classified as Neutral.

Frequently Asked Questions

What is the current GMP for Novus Loyalty IPO?

The current Grey Market Premium for Novus Loyalty IPO is ₹0.00 as of Mar 25, 2026. Expected listing price: ₹146.00, expected gain: 0.0%. GMP data is updated periodically from grey market sources.

What does Novus Loyalty IPO GMP of ₹0.00 mean?

A GMP of ₹0.00 means that in the unofficial grey market, Novus Loyalty IPO shares are trading at ₹0.00 above the issue price. With an issue price of ₹146, this implies an expected listing at ₹146.00 (0.0% gain). GMP is purely indicative and actual listing price depends on market conditions.

Is Novus Loyalty 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 Novus Loyalty IPO?

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

When will Novus Loyalty IPO be listed?

Novus Loyalty IPO is expected to list on March 25, 2026 on BSE SME platform. The GMP on listing day is a strong short-term indicator of opening price.

IPO Details

Open Date
Mar 17, 2026
Close Date
Mar 20, 2026
Allotment
Mar 23, 2026
Listing Date
Mar 25, 2026
Issue Price
₹146
Price Band
₹136 – ₹146
Lot Size
1,000 shares
Min. Investment
₹146,000
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.