Grey Market Premium (GMP) Tracker
Detailed overview of Grey Market Premiums, estimated percentage gains, and listing forecasts for all active public issues.
| IPO Name | Type | Status | Price Band | GMP (₹ / %) | Est. Listing | Open Date | Close Date | Issue Size |
|---|---|---|---|---|---|---|---|---|
| Vans Electroengineerings Limited | SME | Upcoming | ₹112 – ₹118 | +₹38.25+32.4% | ₹156.25 | 28 Sept 2026 | 30 Sept 2026 | ₹2880000 Cr |
| Orient Cables (India) Limited | Mainboard | Open | ₹258 – ₹272 | +₹87+32.0% | ₹359 | 24 Sept 2026 | 28 Sept 2026 | ₹20294114 Cr |
| SRIT India Limited | Mainboard | Open | ₹123 – ₹130 | +₹34+26.1% | ₹164 | 27 Sept 2026 | 29 Sept 2026 | ₹16800000 Cr |
| Bench Mark Infotech Services Limited | SME | Open | ₹104 – ₹110 | +₹21.25+19.3% | ₹131.25 | 24 Sept 2026 | 28 Sept 2026 | ₹3858000 Cr |
| German Green Steel and Power Limited | Mainboard | Open | ₹132 – ₹139 | +₹26+18.7% | ₹165 | 24 Sept 2026 | 28 Sept 2026 | ₹21863309 Cr |
| Acme India Industries Limited | SME | Upcoming | ₹186 – ₹196 | +₹25.5+13.0% | ₹221.5 | 29 Sept 2026 | 5 Oct 2026 | ₹6208800 Cr |
| Nityas Gems & Jewellery Limited | Mainboard | Upcoming | ₹70 – ₹75 | +₹9+12.0% | ₹84 | 29 Sept 2026 | 4 Oct 2026 | ₹14456000 Cr |
| EverestIMS Technologies Limited | SME | Upcoming | ₹80 – ₹85 | +₹7.65+9.0% | ₹92.65 | 28 Sept 2026 | 4 Oct 2026 | ₹5700800 Cr |
| Shivchem Agro Limited | SME | Open | ₹59 – ₹62 | +₹5.1+8.2% | ₹67.1 | 27 Sept 2026 | 29 Sept 2026 | ₹2260000 Cr |
| Shah Investor's Home Limited | Mainboard | Open | ₹159 – ₹167 | +₹12.5+7.5% | ₹179.5 | 27 Sept 2026 | 29 Sept 2026 | ₹5399200 Cr |
| TNA Solutions Limited | SME | Upcoming | ₹66 – ₹70 | +₹5.1+7.3% | ₹75.1 | 29 Sept 2026 | 5 Oct 2026 | ₹5408000 Cr |
| Dudani Retail Limited | SME | Open | ₹29 | +₹2+6.9% | ₹31 | 24 Sept 2026 | 28 Sept 2026 | ₹3636000 Cr |
| Runwal Enterprises Limited | Mainboard | Open | ₹290 – ₹305 | +₹14+4.6% | ₹319 | 24 Sept 2026 | 28 Sept 2026 | ₹16398962 Cr |
| Acevector Limited | Mainboard | Open | ₹30 – ₹32 | +₹1.25+3.9% | ₹33.25 | 24 Sept 2026 | 28 Sept 2026 | ₹131250000 Cr |
| Himalayan Solar Limited | SME | Open | ₹98 – ₹103 | — | ₹103 | 24 Sept 2026 | 28 Sept 2026 | ₹6604800 Cr |
| Sai Urja Indo Ventures Limited | SME | Open | ₹107 – ₹113 | — | ₹113 | 24 Sept 2026 | 28 Sept 2026 | ₹2208000 Cr |
| Pind Hospitality Limited | SME | Open | ₹93 – ₹99 | — | ₹99 | 27 Sept 2026 | 29 Sept 2026 | ₹1800000 Cr |
| Acme Universal Safezone 9 Limited | SME | Open | ₹65 – ₹71 | — | ₹71 | 27 Sept 2026 | 29 Sept 2026 | ₹5060800 Cr |
| Shree TNB Polymers Limited | SME | Open | ₹50 – ₹53 | — | ₹53 | 27 Sept 2026 | 4 Oct 2026 | ₹6000000 Cr |
| Papadmalji Agro Foods Limited | SME | Upcoming | ₹69 – ₹72 | — | ₹72 | 28 Sept 2026 | 30 Sept 2026 | ₹2803200 Cr |
| Black Opal Consultants Limited | SME | Upcoming | ₹185 – ₹197 | — | ₹197 | 28 Sept 2026 | 30 Sept 2026 | ₹2796000 Cr |
| Sollfege Smart Electronics Limited | SME | Upcoming | ₹55 | — | ₹55 | 29 Sept 2026 | 4 Oct 2026 | ₹3960000 Cr |
| Dove Soft Limited | SME | Upcoming | ₹104 – ₹111 | — | ₹111 | 29 Sept 2026 | 4 Oct 2026 | ₹6600000 Cr |
| Paramount Syntex Limited | SME | Upcoming | ₹119 – ₹127 | — | ₹127 | 29 Sept 2026 | 5 Oct 2026 | ₹6440000 Cr |
| Omara Ventures India Limited | SME | Upcoming | ₹236 – ₹311 | — | ₹311 | 29 Sept 2026 | 4 Oct 2026 | ₹1350000 Cr |
| Eventions Limited | SME | Upcoming | ₹112 – ₹118 | — | ₹118 | 29 Sept 2026 | 4 Oct 2026 | ₹3230400 Cr |
| Vishal Nirmiti Limited | Mainboard | Upcoming | ₹208 – ₹220 | — | ₹220 | 29 Sept 2026 | 4 Oct 2026 | ₹8090909 Cr |
| SJP Ultrasonic Limited | SME | Upcoming | ₹67 | — | ₹67 | 29 Sept 2026 | 4 Oct 2026 | ₹3500000 Cr |
What is Grey Market Premium (GMP) and How Does It Function?
An in-depth explanation of India's unofficial IPO grey market ecosystem.
IPO Grey Market Premium (GMP) represents the unofficial premium at which an Initial Public Offering (IPO) shares are traded among investors before they officially list on the stock exchanges (NSE/BSE). It is a vital market sentiment indicator tracked closely by retail and institutional investors across India.
What Does Positive GMP Indicate?
A strong positive GMP suggests solid buyer demand and market interest, hinting that the stock could open with healthy listing day gains above its issue price.
How Estimated Listing Price is Calculated
Estimated Listing Price = Upper Price Band + Current GMP (₹). For instance, if an issue is priced at ₹100 with ₹30 GMP, the estimated listing price is ₹130 (+30%).
Key Factors Affecting Live IPO GMP Today
- Subscription Numbers: Heavy bidding by QIB (Qualified Institutional Buyers) and NII (Non-Institutional Investors) directly propels the grey market price upward.
- Broader Market Sentiments: Nifty and Sensex trends have a direct bearing on pre-listing demand.
- Company Fundamentals & Valuation: Fairly priced issues with sustainable financial margins maintain stable grey market demand compared to overvalued issues.
The Grey Market Premium (GMP) represents unlisted market trading sentiment. In Indian IPO terminology, before an issue officially lists on the Bombay Stock Exchange (BSE) or National Stock Exchange (NSE), dealers and investors trade shares or IPO applications privately on trust.
If an IPO issue has an upper price band of ₹250 and traders are exchanging bids at ₹350, the Grey Market Premium is ₹100 (+40%). This gives retail and HNI investors a clear benchmark of prospective listing gains.