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IPO GMP is trending for Finelistings Technologies, ABS Marine Services, Racks & Rollers, Amkay Products, Sai Swami Metals, Slone Infosystems, Indegene, Winsol Engineers, Refractory Shapes, TBO Tek, Aadhar Housing Finance, Energy Mission Machineries, Silkflex Polymers, Aztec Fluids &, Indian Emulsifier IPOs.
Grey Market is an unregulated market to trade IPO applications and IPO shares before listing of the stock. An investor may not want to trade in the grey market, but getting an idea of the GMP can be used to estimate the listing gain on the IPO share. GMP or Grey Market Premium adding to issue price gives the estimated listing price of the IPO share.
Here we are reporting the GMP of all upcoming and current SME and Mainboard IPOs along with Subject 2 Sauda price. Estimated Listing Price is also calculated by adding up GMP and IPO cap price.
**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
IPO | Price | GMP(₹) | Est Listing | Fire Rating | IPO Size | Lot | Open | Close | BoA Dt | Listing | GMP Updated |
---|---|---|---|---|---|---|---|---|---|---|---|
Route Mobile IPO[email protected] (104.86%) | 350 | 310 | 660 (88.57%) | ₹600 Cr | 40 | 9-Sep | 11-Sep | 16-Sep | 21-Sep | 20-Sep 9:39 | |
CAMS IPO[email protected] (23.41%) | 1230 | 328 | 1558 (26.67%) | ₹2242 Cr | 12 | 21-Sep | 23-Sep | 28-Sep | 1-Oct | 30-Sep 22:57 | |
Chemcon IPO[email protected] (115.00%) | 340 | 310 | 650 (91.18%) | ₹284 Cr | 44 | 21-Sep | 23-Sep | 28-Sep | 1-Oct | 30-Sep 22:57 | |
Angel Broking IPO[email protected] (-10.13%) | 306 | -5 | 301 (-1.63%) | ₹600 Cr | 49 | 22-Sep | 24-Sep | 29-Sep | 5-Oct | 30-Sep 22:56 | |
UTI AMC IPO[email protected] (-9.75%) | 554 | -14 | 540 (-2.53%) | ₹8420.74 Cr | 27 | 29-Sep | 1-Oct | 7-Oct | 12-Oct | 12-Oct 9:06 | |
Mazagon Dock IPO[email protected] (48.21%) | 145 | 105 | 250 (72.41%) | ₹443.69 Cr | 103 | 29-Sep | 1-Oct | 7-Oct | 12-Oct | 12-Oct 9:07 | |
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Likhitha Infrastructure IPO[email protected] (8.33%) | 120 | 6 | 126 (5.00%) | ₹61.20 Cr | 125 | 29-Sep | 7-Oct | 12-Oct | 15-Oct | 13-Oct 12:40 | |
Equitas SFB IPO[email protected] (-6.06%) | 33 | 1 | 34 (3.03%) | ~₹ Cr | 450 | 20-Oct | 22-Oct | 27-Oct | 2-Nov | 22-Oct 9:39 | |
Gland Pharma IPO[email protected] (14.00%) | 1500 | 118 | 1618 (7.87%) | Aggregating up to ₹6,479.55 Cr | 10 | 9-Nov | 11-Nov | 17-Nov | 20-Nov | 18-Nov 13:54 | |
Burger King IPO[email protected] (92.25%) | 60 | 43 | 103 (71.67%) | ₹810 Crore | 250 | 2-Dec | 4-Dec | 9-Dec | 14-Dec | 9-Dec 8:25 | |
Mrs. Bectors Food IPO[email protected] (75.35%) | 288 | 215 | 503 (74.65%) | ₹ 540.54 Cr | 50 | 15-Dec | 17-Dec | 22-Dec | 28-Dec | 23-Dec 18:38 | |
Antony Waste Ltd IPO[email protected] (36.51%) | 315 | 175 | 490 (55.56%) | ₹299.99 Cr | 47 | 21-Dec | 23-Dec | 29-Dec | 1-Jan | 26-Dec 9:29 | |
IRFC IPO[email protected] (-3.85%) | 26 | -- | 26 (0.00%) | ₹4,633.38 Cr | 575 | 18-Jan | 20-Jan | 25-Jan | 29-Jan | 29-Jan 8:29 | |
Indigo Paints IPO[email protected] (74.97%) | 1490 | 750 | 2240 (50.34%) | ₹ 1176 Crore | 10 | 20-Jan | 22-Jan | 28-Jan | 2-Feb | 30-Jan 9:13 | |
HFFC Limited IPO[email protected] (18.18%) | 518 | 120 | 638 (23.17%) | ₹1153.72 Crore | 28 | 21-Jan | 25-Jan | 29-Jan | 3-Feb | 2-Feb 8:23 | |
Stove Kraft IPO[email protected] (21.30%) | 385 | 35 | 420 (9.09%) | ₹ 412.63 Cr | 38 | 25-Jan | 28-Jan | 2-Jan | 5-Feb | 4-Feb 13:26 | |
Nureca Limited IPO[email protected] (53.75%) | 400 | 70 | 470 (17.50%) | 100 Cr | 35 | 15-Feb | 17-Feb | 23-Feb | 25-Feb | 25-Feb 8:29 | |
RailTel IPO[email protected] (15.96%) | 94 | 10 | 104 (10.64%) | ₹ 819.24 Crore | 155 | 16-Feb | 18-Feb | 23-Feb | 26-Feb | 24-Feb 20:29 | |
Heranba Industries Limited IPO[email protected] (43.54%) | 627 | 270 | 897 (43.06%) | ₹700 Cr | 23 | 23-Feb | 25-Feb | 2-Mar | 5-Mar | 4-Mar 8:23 | |
MTAR Technologies IPO[email protected] (82.61%) | 575 | 580 | 1155 (100.87%) | ₹596.41 Cr | 26 | 3-Mar | 5-Mar | 10-Mar | 15-Mar | 13-Mar 10:55 | |
EaseMyTrip IPO[email protected] (13.50%) | 187 | 130 | 317 (69.52%) | ₹510 Cr | 80 | 8-Mar | 10-Mar | 16-Mar | 19-Mar | 21-Mar 10:32 | |
Anupam Rasayan IPO[email protected] (-6.31%) | 555 | 60 | 615 (10.81%) | ₹760 Cr. | 27 | 12-Mar | 16-Mar | 19-Mar | 24-Mar | 24-Mar 9:14 | |
Laxmi Organic IPO[email protected] (19.62%) | 130 | 40 | 170 (30.77%) | ₹600 Cr. | 115 | 15-Mar | 17-Mar | 22-Mar | 25-Mar | 25-Mar 9:47 | |
Craftsman Automation IPO[email protected] (-8.79%) | 1490 | 30 | 1520 (2.01%) | ₹823.70 Cr | 10 | 15-Mar | 17-Mar | 22-Mar | 25-Mar | 25-Mar 9:47 | |
Kalyan Jewellers IPO[email protected] (-15.00%) | 87 | -5 | 82 (-5.75%) | ₹1175 Cr | 172 | 16-Mar | 18-Mar | 23-Mar | 26-Mar | 25-Mar 9:51 | |
Nazara Technologies IPO[email protected] (80.74%) | 1101 | 740 | 1841 (67.21%) | ₹582.91 Cr | 13 | 17-Mar | 19-Mar | 24-Mar | 30-Mar | 25-Mar 9:49 | |
Suryoday Small Finance IPO[email protected] (-4.26%) | 305 | -10 | 295 (-3.28%) | ₹582.34 Cr | 49 | 17-Mar | 19-Mar | 24-Mar | 26-Mar | 25-Mar 9:49 | |
Shyam Metalics and IPO[email protected] (24.18%) | 306 | 130 | 436 (42.48%) | ₹909 cr | 45 | 14-Jun | 16-Jun | 21-Jun | 24-Jun | 24-Jun 9:13 | |
Sona Comstar IPO[email protected] (3.44%) | 291 | 3 | 294 (1.03%) | ₹5,550 Cr. | 51 | 14-Jun | 16-Jun | 21-Jun | 24-Jun | 23-Jun 9:26 | |
Navoday Enterprises BSE SME[email protected] (-7.25%) | 20 | 14 | 34 (70.00%) | ₹4.61 Cr | 6000 | 14-Jun | 17-Jun | 21-Jun | 24-Jun | 10-Aug 9:22 | |
Dodla Dairy IPO[email protected] (28.50%) | 428 | 80 | 508 (18.69%) | ₹520.18 Cr. | 35 | 16-Jun | 18-Jun | 23-Jun | 28-Jun | 26-Jun 11:54 | |
KIMS IPO[email protected] (22.30%) | 825 | 75 | 900 (9.09%) | ₹2,143.74 Cr. | 18 | 16-Jun | 18-Jun | 23-Jun | 28-Jun | 26-Jun 11:54 | |
India Pesticides IPO[email protected] (18.24%) | 296 | 35 | 331 (11.82%) | ₹800 Cr. | 50 | 23-Jun | 25-Jun | 30-Jun | 5-Jul | 4-Jul 12:00 | |
G R Infraprojects IPO[email protected] (105.00%) | 837 | 575 | 1412 (68.70%) | ₹962 Cr | 17 | 7-Jul | 9-Jul | 14-Jul | 19-Jul | 19-Jul 9:06 | |
Clean Science and IPO[email protected] (95.00%) | 900 | 615 | 1515 (68.33%) | ₹1,546.622 Cr. | 16 | 7-Jul | 9-Jul | 14-Jul | 19-Jul | 19-Jul 9:06 | |
Zomato IPO[email protected] (52.63%) | 76 | 22 | 98 (28.95%) | ₹9,375 Cr | 195 | 14-Jul | 16-Jul | 21-Jul | 23-Jul | 23-Jul 9:07 | |
Tatva Chintan Pharma IPO[email protected] (95.00%) | 1083 | 1110 | 2193 (102.49%) | ₹500 Cr | 13 | 16-Jul | 20-Jul | 26-Jul | 29-Jul | 29-Jul 9:33 | |
Glenmark Life Sciences IPO[email protected] (4.17%) | 720 | 82 | 802 (11.39%) | ₹1513.60 Cr | 20 | 27-Jul | 29-Jul | 3-Aug | 6-Aug | 6-Aug 9:35 | |
Rolex Rings IPO[email protected] (38.89%) | 900 | 455 | 1355 (50.56%) | ₹731 Cr. | 16 | 28-Jul | 30-Jul | 4-Aug | 9-Aug | 8-Aug 9:57 | |
Devyani International IPO[email protected] (56.56%) | 90 | 59 | 149 (65.56%) | ₹1,838 Cr | 165 | 4-Aug | 6-Aug | 11-Aug | 16-Aug | 16-Aug 7:51 |
Explanation of Grey Market and GMP in simple terms:
This is the growing concern of many SME IPO investors that even though applied in many SME IPOs but have not got a single allotment. Are we doing something wrong? Do we need to use any other process to apply in SME IPO? To understand it, let's discuss this with a simple example.
Assume ABC Company SME IPO figures
With the above example for Rs 20 Cr IPO
It means, only 833 retail investor applications and 416 HNI applications are to be selected. With this, one can understand why the probability of getting SME IPO is low. In conclusion, the size of SME IPO is very small and lot size is very big (1200 shares) so the numbers of allottees will be very less.
Whereas in Mainboard IPO, it is the complete opposite of SME IPO. Size of IPO is big and lot size is small (1000), So the numbers of allottees are much higher.
Second point to consider is the number of times the IPO oversubscribe which contributes to the probability of getting an IPO allotment.
GMP is traded over the counter through GMP dealers. The GMP seller only means that there is no buyer in the GMP market. This is similar to the lower circuit where there are sellers but no buyers. This situation can be caused by low IPO subscription, overselling, or negative market sentiment. This means that the listing can be at par or below the GMP price. One should consider this as a negative point.
This scenario may be temporary and may change before the day of listing. Therefore, one should always check the fundamentals and business model of the company before applying.
For every seller, there must be a buyer in the market. The same is true in the GMP market. But at some point, there are only buyers and no sellers. In the stock market, we call this the upper circuit. The same thing can happen in the GMP market if no investor is willing to sell their application. They expect a better return on the day of listing or want to hold it for a long time. One should consider this as a positive point.