Mainboard IPOListedBuilding Materials / Ceramics

Varmora Granito Limited IPO

Exchange: NSE & BSE · Face Value: ₹2

Current GMP

+₹1+0.7%

Est. Listing

₹149

Price Band₹140 – ₹148
Lot Size101 shares
Issue Size₹47838855 Cr
Open / Close2026-09-22 to 2026-09-24

Current Subscription Demand

Live bidding status across investor categories

Total Oversubscribed1.60x
QIB3.10x
NII (HNI)0.94x
Retail1.02x
CategoryShares OfferedShares BidTimes Subscribed
QIB95,67,6532,96,22,2903.1x
NIB71,75,82867,70,8380.94x
HNIs(10L +)47,83,88645,18,4370.94x
HNIs (2-10L)23,91,94322,52,4010.94x
RETAIL1,67,43,5991,70,92,6341.02x

How to Interpret Varmora Granito Limited Subscription Status

Evaluating subscription times and their relationship with Grey Market Premium.

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). For real-time updates across all issues, traders closely track ipo gmp today and active market sentiment.

What Does Positive GMP Indicate?

A strong positive grey market premium 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 observed on the live ipo subscription status 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.
  • Allotment & Fundamentals: Fairly priced issues with steady buyer demand post-ipo allotment status maintain stable grey market demand compared to overvalued issues.

Heavy QIB subscription indicates strong backing by mutual funds, foreign portfolio investors (FPIs), and banks. Retail and HNI demand reflects general market buzz. High overall subscription often causes the Grey Market Premium (GMP) to expand right before allotment.

Disclaimer: Grey Market Premium (GMP) is an unregulated, unofficial over-the-counter pricing indicator. GMP fluctuates dynamically and does not guarantee official stock exchange listing gains. Always refer to SEBI-approved Red Herring Prospectus (RHP) before applying.
Varmora Granito Limited IPO Subscription Status Live – Day-wise Bidding Details | GMP on IPO