IPO GMP Today – Grey Market Premium of Current & Latest IPOs

IPO Grey Market Premium (GMP) is an unofficial indicator that reflects demand for an IPO in the grey market before its listing. Many investors track the GMP of IPO today to understand prevailing market sentiment, even though such data is informal and not regulated by SEBI, NSE, or BSE. This page provides live IPO GMP information for current and upcoming issues and is updated daily, strictly for reference and informational purposes only.

How accurate is IPO GMP in predicting listing gains? We analyzed 56 IPOs of 2026 .Explore Our GMP vs Listing Accuracy Study 2026.

For a broader understanding of IPO performance including valuation, listing trends, and data analysis, explore our IPO Market Analytics & Research.

IPO GMP Today – March 2026 Commentary

1. Clean Max Enviro Energy Solutions Limited GMP Vs Listing

Clean Max Enviro Energy Solutions Limited finally got listed at ₹960, or ₹93 below the issue price of ₹1,053, which is a 8.83% discount to the issue price.The GMP was ₹-35, or -3.32% below the issue price. The issue listed below GMP expectations.

The GMP movement during the period showed a steady and sharp decline, starting from a strong ₹29 premium and gradually slipping into deep negative territory at ₹-35, indicating weakening sentiment well before listing day.

2. Shree Ram Twistex Limited GMP Vs Listing

Shree Ram Twistex Limited finally got listed at ₹68, or ₹36 below the issue price of ₹104, which is a 34.62% discount to the issue price.The last reported GMP was ₹-28, or -26.92% below the issue price.The issue listed below GMP expectations.The GMP movement showed a dramatic reversal (₹0→4→5→7→9→12→13.5→16→18→10→(-5)→(-6)→(-11)→(-20)→(-23)→(-30)→(-28)), starting with strong positive sentiment, peaking at ₹18, and then collapsing deep into negative territory before listing.

3. Mobilise App Lab Limited GMP Vs Listing

Mobilise App Lab Limited finally got listed at ₹64.10, or ₹15.90 below the issue price of ₹80, which is a 19.88% discount to the issue price.The GMP was ₹4, or 5.00% above the issue price. The issue listed below GMP expectations. The GMP movement during the period remained volatile but largely positive (₹11→13→7→5→16→11→8→11→7→5→4), indicating early optimism that gradually cooled before listing. However, despite a positive grey market trend, the stock debuted at a sharp discount.

4. Accord Transformer & Switchgear Limited GMP Vs Listing

Accord Transformer & Switchgear Ltd finally got listed at ₹50, or ₹4 above the issue price of ₹46, which is a 8.70% premium to the issue price.The last reported GMP was ₹4 (from the declining trend), or 8.70% above the issue price. The issue listed in line with GMP expectations. The GMP movement during the period remained largely positive but volatile (₹8→12→10→12→10→12→17→13→8→16→12→8→6→4), showing strong early grey market optimism with a peak at ₹17 before cooling sharply closer to listing.

5. PNGS Reva Diamond Jewellery Limited GMP Vs Listing

PNGS Reva Diamond Jewellery Limited finally got listed at ₹375, or ₹11 below the issue price of ₹386, which is a 2.85% discount to the issue price.The last reported GMP was ₹-20, or -5.18% below the issue price.The issue listed above GMP expectations.

The GMP movement during the period showed a strong early premium followed by a prolonged decline (₹20→30→20→10→30→20→18→20→21→14→19.5→20.5→18→17→16→17→14→10→9→3→1.5→(-4)→(-3)→(-1)→(-2)→(-11)→(-18)→(-17)→(-21)→(-15)→(-20)), reflecting a clear deterioration in grey market sentiment ahead of listing.

6. Kiaasa Retail Limited GMP Vs Listing

Kiaasa Retail Limited finally got listed at ₹123, or ₹4 below the issue price of ₹127, which is a 3.15% discount to the issue price.

The last reported GMP was ₹0, or 0% above the issue price.The issue listed below GMP expectations.The GMP movement (₹25→26→0) reflects a sharp collapse in grey market sentiment just before listing. After indicating a strong premium of up to ₹26, enthusiasm completely faded, eventually settling at zero.

7. Yaap Digital Limited GMP Vs Listing

Yaap Digital Limited finally got listed at ₹127, or ₹18 below the issue price of ₹145, which is a 12.41% discount to the issue price.

The GMP was ₹0, or 0% above the issue price.The issue listed below GMP expectations.The GMP movement during the period remained weak at ₹3 → ₹4 → ₹3 → ₹0, indicating fading grey market sentiment ahead of listing.

8. Omnitech Engineering Limited GMP Vs Listing

Omnitech Engineering Limited finally got listed at ₹202, or ₹25 below the issue price of ₹227, which is a 11.01% discount to the issue price.The GMP was ₹-10, or -4.41% below the issue price.The issue listed above GMP expectations.

The GMP movement during the period showed a sharp decline from positive to negative levels at ₹13 → ₹14 → ₹15 → ₹16 → ₹15 → ₹14.5 → ₹15 → ₹7 → ₹4 → ₹0 → ₹2.5 → ₹3 → ₹4 → ₹5 → ₹0 → ₹-5 → ₹-10, reflecting weakening grey market sentiment closer to listing.

9. Striders Impex Limited GMP Vs Listing

10. Acetech E-Commerce Limited GMP Vs Listing

11. Sedemac Mechatronics Limited GMP Vs Listing

Sedemac Mechatronics Limited finally got listed at ₹1,535, or ₹183 above the issue price of ₹1,352, which is a 13.54% premium to the issue price.The GMP was ₹0, or 0% above the issue price.The issue listed above GMP expectations.

The GMP movement during the period was highly volatile, starting strong at ₹130, then gradually declining and even turning negative before recovering again and finally cooling down near listing:
₹130 → ₹50 → ₹53 → ₹20 → ₹5 → ₹12 → ₹11 → ₹10 → ₹8 → ₹6 → ₹4 → ₹9 → ₹5 → ₹4 → ₹3 → ₹2 → ₹-15 → ₹-17 → ₹-13 → ₹35 → ₹55 → ₹60 → ₹65 → ₹20 → ₹5 → ₹2 → ₹-1 → ₹-5 → ₹3 → ₹-1.5 → ₹-11 → ₹-20 → ₹-12 → ₹-10 → ₹-30 → ₹-23 → ₹-19 → ₹-23 → ₹13 → ₹0 → ₹15 → ₹28 → ₹46 → ₹70 → ₹78 → ₹85 → ₹35 → ₹32 → ₹12 → ₹5 → ₹0.

12. Elfin Agro India Limited GMS Vs Listing

Elfin Agro India Limited finally got listed at ₹47.3, or ₹0.3 above the issue price of ₹47, which is a 0.64% premium to the issue price.The GMP was ₹0, or 0% above the issue price.The issue listed above GMP expectations.

There was no movement in the grey market premium, with the GMP remaining flat at ₹0 throughout the period, indicating neutral grey market sentiment ahead of listing.

13. Srinibas Pradhan Constructions Limited (SPCL) GMP Vs Listing

Srinibas Pradhan Constructions Limited (SPCL) finally got listed at ₹100.05, or ₹2.05 above the issue price of ₹98, which is a 2.09% premium to the issue price.The GMP was ₹0, or 0% above the issue price.The issue listed above GMP expectations.There was no movement in the grey market premium, with the GMP remaining flat at ₹0 throughout the period, indicating neutral grey market sentiment ahead of listing.

14. Rajputana Stainless Limited GMP Vs Listing

Rajputana Stainless Limited finally got listed at ₹122, or ₹0 above the issue price of ₹122, which is a 0% premium to the issue price.The GMP was ₹3, or 2.46% above the issue price.The issue listed below GMP expectations.The GMP movement remained mildly positive but volatile:₹0 → ₹2 → ₹1.5 → ₹1 → ₹3 → ₹2.5 → ₹2 → ₹3, indicating limited grey market confidence ahead of listing.

15. Raajmarg Infra Investment Trust (RIIT) GMP Vs Listing

Raajmarg Infra Investment Trust (RIIT) finally got listed at ₹107, or ₹7 above the issue price of ₹100, which is a 7% premium to the issue price.The GMP was ₹3.5, or 3.5% above the issue price.The issue listed above GMP expectations.The GMP movement remained stable with mild fluctuations:₹0 → ₹2 → ₹4 → ₹5 → ₹4 → ₹3.5, indicating steady but moderate grey market sentiment ahead of listing.

16. Innovision Limited GMP Vs Listing

Innovision Limited finally got listed at ₹467.7, or ₹80.3 below the issue price of ₹548, which is a 14.65% discount to the issue price.The GMP was ₹-85, or -15.51% below the issue price.The issue listed in line with GMP expectations.

The GMP movement showed a sharp deterioration over time, starting strong in the positive zone and then turning deeply negative: ₹0 → ₹50 → ₹53 → ₹57 → ₹64 → ₹62 → ₹55 → ₹5 → ₹2 → ₹0 → ₹-7.5 → ₹-6 → ₹-5 → ₹-4 → ₹-5 → ₹-6 → ₹-2 → ₹-1 → ₹-5 → ₹-12 → ₹-22 → ₹-25 → ₹-32 → ₹-38 → ₹-82 → ₹-80 → ₹-90 → ₹-98 → ₹-90 → ₹-88 → ₹-85 → ₹-90 → ₹-86 → ₹-80 → ₹-78 → ₹-85 → ₹-95 → ₹-85, reflecting a clear loss of grey market confidence ahead of listing.

17. Apsis Aerocom Limited GMP Vs Listing

Apsis Aerocom Limited finally got listed at ₹153, or ₹43 above the issue price of ₹110, which is a 39.09% premium to the issue price.The GMP was ₹25, or 22.73% above the issue price.The issue listed above GMP expectations.

The GMP movement showed a strong and consistent upward trend, indicating improving sentiment throughout the period:₹0 → ₹6 → ₹9 → ₹13 → ₹15 → ₹23 → ₹20 → ₹18 → ₹16 → ₹15 → ₹16 → ₹17 → ₹18 → ₹20 → ₹22 → ₹25.

18. Novus Loyalty Limited GMP Vs Listing

19. GSP Crop Science Limited GMP Vs Listing

GSP Crop Science Limited finally got listed at ₹328, or ₹8 above the issue price of ₹320, which is a 2.5% premium to the issue price.The GMP was ₹2, or 0.63% above the issue price.The issue listed above GMP expectations.The GMP movement remained minimal and stable:₹0 → ₹2, indicating low but positive grey market sentiment.

20. Speciality Medicines Limited GMP Vs Listing

Speciality Medicines Limited finally got listed at ₹124, or ₹0 above the issue price of ₹124, which is a 0% premium to the issue price.The GMP was ₹0, or 0% above the issue price.The issue listed in line with GMP expectations.

There was no movement in the grey market premium, with the GMP remaining flat at ₹0 throughout the period, indicating completely neutral sentiment.

IPO GMP Today – April 2026 Commentary

1. Tipco Engineering India Limited GMP Vs Listing

Tipco Engineering India Limited finally got listed at ₹89.25, or ₹0.25 above the issue price of ₹89, which is a 0.28% premium to the issue price.The GMP was ₹0, or 0% above the issue price.The issue listed above GMP expectations.

There was no movement in the grey market premium, with the GMP remaining flat at ₹0 throughout the period, indicating neutral sentiment.

2. Central Mine Planning & Design Institute Limited (CMPDIL) GMP Vs Listing

3. Sai Parenteral’s Limited GMP Vs Listing

4. Powerica Limited GMP Vs Listing

Powerica Limited finally got listed at ₹366, or ₹29 below the issue price of ₹395, which is a 7.34% discount to the issue price.The GMP was ₹0, or 0% above the issue price.The issue listed below GMP expectations.The GMP movement showed early strength followed by gradual cooling to neutral levels:
₹0 → ₹12 → ₹8 → ₹6 → ₹4 → ₹5 → ₹3 → ₹2 → ₹1 → ₹1.5 → ₹2.5 → ₹4 → ₹5 → ₹6 → ₹5 → ₹3 → ₹4 → ₹1 → ₹3 → ₹4 → ₹6 → ₹5 → ₹8 → ₹9 → ₹4 → ₹0.

5. Amir Chand Jagdish Kumar (Exports) Limited GMP Vs Listing

Amir Chand Jagdish Kumar (Exports) Limited finally got listed at ₹200, or ₹12 below the issue price of ₹212, which is a 5.66% discount to the issue price.The GMP was ₹2, or 0.94% above the issue price.The issue listed below GMP expectations.The GMP movement showed mild volatility with a brief dip into negative territory before recovery:
₹0 → ₹8 → ₹6 → ₹7 → ₹8 → ₹5 → ₹3 → ₹4 → ₹2 → ₹3 → ₹0 → ₹-4 → ₹0 → ₹2 → ₹3 → ₹5 → ₹6 → ₹2.

6. Highness Microelectronics Limited GMP Vs Listing

Highness Microelectronics Limited finally got listed at ₹125, or ₹5 above the issue price of ₹120, which is a 4.17% premium to the issue price.The GMP was ₹25, or 20.83% above the issue price.The issue listed below GMP expectations.The GMP movement showed strong and sustained positive sentiment throughout:
₹0 → ₹3 → ₹6 → ₹7 → ₹12 → ₹13 → ₹10 → ₹18 → ₹20 → ₹18 → ₹22 → ₹26 → ₹28 → ₹30 → ₹29 → ₹25 → ₹22 → ₹25 → ₹20 → ₹22 → ₹20 → ₹22 → ₹20 → ₹22 → ₹25.

7. Vivid Electromech Limited GMP Vs Listing

Vivid Electromech Limited GMP movement (0)

8. Emiac Technologies Limited GMP Vs Listing

Emiac Technologies Limited GMP movement (0)

9. Safety Controls & Devices Limited GMP Vs Listing

Safety Controls & Devices Limited GMP movement (0)

10. PropShare Celestia SM REIT GMP Vs Listing

PropShare Celestia SM REIT GMP movement (0)

11. Om Power Transmission Limited GMP Vs Listing

Om Power Transmission Limited GMP movement (0→1)

IPO GMP Monthly Review and Commentary of Previous Months:

1. IPO GMP Janauary 2026, 2. GMP vs Listing Gains February 2026

IPO GMP Frequently Asked Questions

1. What is IPO Grey Market Premium?

The grey market refers to an unofficial market, and the grey market premium represents the expected extra price over the issue price at which the IPO is expected to list. For example, if the issue price is 200 rupees and the grey market premium is 50 rupees, then the IPO is expected to list at around 250 rupees, or at a 25% premium to the issue price. However it is not regulated by NSE/BSE and it solely reflects investor demands.

2. How is Grey Market IPO Price calculated?

Grey Market IPO Price = Issue Price + GMP.
So, if the issue price is ₹100 and the GMP is ₹20, then the Grey Market IPO Price will be ₹120.

3. Is Grey Market of IPO legal in India?

The grey market for IPOs is not regulated, so it works as an unofficial indicator of the expected listing price. It is neither fully legal nor illegal — it simply reflects the sentiment of investors who trade unofficially before the IPO is listed.

4. How reliable is Grey Market IPO Premium?

GMP is mostly guesswork based on market sentiment. It can be right or wrong, and since it is completely unofficial and unregulated, it should not be considered a guaranteed indicator.

5. Where can I check live IPO GMP?

There is no official channel or website to check live IPO GMP, as it operates entirely outside regulated markets.

Important Resources and Links

1. You can track all the upcoming, live, listed and closed IPOs at our IPO calendar hub page which is updated regularly.

2. Check the subscription of all the IPOs at our IPO subscription status hub page which is detailed.

3. Check the allotment status of all the IPOs at IPO allotment status hub page.

4. For graphical representation of IPOs visit our IPO Infographic hub page.

5. For investors who are interested in IPO investing may be interested in mutual funds, our mutual fund learning platform is a good place to start with.

6. Even a small investments if done with discipline for the long term can yield handsome corpus, our SIP calculator can help you out in finding how a small sum can become a large corpus in long term.

7. Our Retirement Calculator helps you estimate the corpus needed to maintain your lifestyle after retirement.

8. Struggling with loans or EMIs? Our How to Get Out of Debt guide explains practical ways to become debt-free.

9. New to IPOs? Explore our complete IPO Glossary to understand 100+ important terms, including GMP, issue price, and listing gain.

The Grey Market Premium (GMP) shown on MrMoneyFrugal is an unofficial and unregulated indicator, based on informal grey market data and shared only to reflect market sentiment. This is not investment advice or a recommendation. Investors should refer to the RHP and consult a SEBI-registered advisor before investing.