IPO GMP Today – Grey Market Premium of Current, Upcoming and Closed IPOs of 2026
Last Updated On-27.08.2026|12:05 PM (Latest IPO GMP (Grey Market Premium) – Live Data)
| IPO Name(Mainboard/SME) | Subscription Period | Issue Price (Rs) | GMP | Trend | Sentiment | Listed Price |
|---|---|---|---|---|---|---|
| Deepa Jewellers Mainboard | 01-03 Sept 2026 | 12 | - | Neutral Pre market buzz | Not listed | |
| Rays of Belief Mainboard | 01-03 Sept 2026 | ₹227 – ₹239 | 15 | ↑ | Positive Pre market buzz | Not listed |
| Purple Style Labs Mainboard | 31 Aug-02 Sept 2026 | ₹546 - ₹575 | 0 | Neutral Pre market buzz | Not listed | |
| Shanti Inorganics SME | 31 Aug-02 Sept 2026 | ₹79 – ₹83 | 31 | ↑ | Positive Pre market buzz | Not listed |
| Phychem Technologies SME | 31 Aug-02 Sept 2026 | ₹51 – ₹54 | 3 | - | Positive Pre market buzz | Not listed |
| Ashutosh Fibre | 31 Aug-02 Sept 2026 | ₹87–₹92 | 15 | ↑ | Positive Pre market buzz | Not listed |
| Paluck Technologies SME | 28 Aug-01 Sept 2026 | ₹46 – ₹48 | 25 | ↑ | Positive Pre market buzz | Not listed |
| Priority Jewels Mainboard | 28 Aug-01 Sept 2026 | ₹190-₹200 | 20 | ↑ | Positive Pre market buzz | Not listed |
| ESDS Software Mainboard | 28 Aug-01 Sept 2026 | ₹408 – ₹429 | 365 | ↑ | Positive Pre market buzz | Not listed |
| Complete Sports and Management India SME | 28 Aug-01 Sept 2026 | ₹128-₹135 | 0 | - | Neutral Pre market buzz | Not listed |
| Kwick Forensic Solutions SME | 27-31 August 2026 | ₹85 – ₹90 | 64 | ↑ | Positive Pre market buzz | Not listed |
| Lumino Industries Mainboard | 27-31 August 2026 | ₹78 – ₹82 | 55 | ↑ | Positive Pre market buzz | Not listed |
| Sumax Engineering SME | 25-28 August 2026 | ₹95 – ₹101 | 25 | ↑ | Positive Pre market buzz | Not listed |
| Annu Projects Mainboard | 25-28 August 2026 | ₹94 – ₹99 | 4 | ↑ | Positive Pre market buzz | Not listed |
| Hy-Tech Engineers Mainboard | 24-27 August 2026 | ₹50 – ₹53 | 44 | ↑ | Positive Pre market buzz | Not listed |
| Symbiotec Pharmalab Mainboard | 24-27 August 2026 | ₹938 – ₹988 | 285 | ↑ | Positive Pre market buzz | Not listed |
| Madhur Knit Crafts SME | 24-27 August 2026 | ₹95 – ₹100 | 11 | - | Positive Pre market buzz | Not listed |
| ABH Healthcare SME | 24-26 August 2026 | ₹96 – ₹102 | 0 | - | Neutral Pre market buzz | Not listed |
| Skyways Air Services Mainboard | 24-27 August 2026 | ₹131 – ₹138 | 42 | ↑ | Positive Pre market buzz | Not listed |
| Augmont Enterprises Mainboard | 21-26 August 2026 | ₹750 – ₹788 | 315 | ↑ | Positive Pre market buzz | Not listed |
| Tempsens Instruments Mainboard | 20-24 August 2026 | ₹285 – ₹300 | 305 | ↑ | Positive Pre market buzz | Not listed |
| Mopshop Distribution SME | 19-21 August 2026 | ₹138 | 1 | ( 1 L | 22 H) | Listed below GMP expectations | ₹137 |
| Gaja Alternative Mainboard | 19-21 August 2026 | ₹152 – ₹160 | 19 | ( 0 L | 30 H) | Listed above GMP expectations | ₹185 |
| Dhanwel Hybrid Seeds SME | 19-21 August 2026 | ₹95 – ₹99 | 1 | ( 0 L | 12 H) | Listed below GMP expectations | ₹99 |
| Sunshine Pictures Mainboard | 18-20 August 2026 | ₹342 – ₹360 | 50 | ( 0 L | 80 H) | Listed below GMP expectations | ₹395.90 |
| Shankesh Jewellers Mainboard | 18-20 August 2026 | ₹88 – ₹93 | 3 | ( 0 L | 8 H) | Listed above GMP expectations | ₹103.30 |
| Horizon Industrial Parks Mainboard | 17-19 August 2026 | ₹57 – ₹60 | 2 | ( 0 L | 4.5 H) | Listed below GMP expectations | ₹60.25 |
| Lalithaa Jewellery Mart Mainboard | 17-19 August 2026 | ₹190 – ₹201 | 74 | ( 17 L | 77 H) | Listed below GMP expectations | ₹265 |
| Technocrats Plasma Systems SME | 14-18 August 2026 | ₹125 – ₹132 | 70 | ( 0 L | 70 H) | Listed above GMP expectations | ₹230 |
| Skytech Infinite Platform SME | 14-18 August 2026 | ₹73 – ₹77 | 1 | ( 0 L | 13 H) | Listed below GMP expectations | ₹74 |
| ENS Enterprises SME | 14-18 August 2026 | ₹87 – ₹92 | 5 | ( 0 L | 6 H) | Listed below GMP expectations | ₹96 |
| Credent Connect N Care | 13-17 August 2026 | ₹179 – ₹189 | 92 | ( 0 L | 92 H) | Listed above GMP expectations | ₹359.10 |
| Pramodini Medicare | 12-14 August 2026 | ₹110 – ₹118 | 0 | ( 0 L | 0 H) | Listed above GMP expectations | ₹120 |
| Q&T Foods SME | 12-14 August 2026 | ₹115 | 1 | ( 1 L | 21 H) | Listed below GMP expectations | ₹115 |
| Behari Lal Engineering Mainboard | 12-14 August 2026 | ₹271 – ₹285 | 133 | ( 10 L | 133 H) | Listed above GMP expectations | ₹465 |
| Shiprocket Mainboard | 12-14 August 2026 | ₹92 – ₹97 | 35 | ( 14 L | 38 H) | Listed below GMP expectations | ₹131 |
| Sham Foam SME | 11-13 August 2026 | ₹130 | 1.5 | ( 0 L | 9 H) | Listed below GMP expectations | ₹104 |
| Fascinate Textiles | 11-13 August 2026 | ₹148 – ₹156 | 0 | ( 0 L | 0 H) | Listed below GMP expectations | ₹120.80 |
| Milky Mist Dairy Food Mainboard | 11-13 August 2026 | ₹133 – ₹140 | 20 | ( 16 L | 31 H) | Listed above GMP expectations | ₹165 |
| Molbio Diagnostics Mainboard | 10-12 August 2026 | ₹768 – ₹807 | 116 | ( 80 L | 220 H) | Listed above GMP expectations | ₹980 |
| Dhoot Transmission | 10-12 August 2026 | ₹829 – ₹871 | 262 | ( 182 L | 280 H) | Listed above GMP expectations | ₹1,200 |
| Optimystix Entertainment India | 7-11 August 2026 | ₹166 – ₹175 | 0 | ( 0 L | 5 H) | Listed above GMP expectations | ₹180 |
| Technocraft Ventures | 7-11 August 2026 | ₹200 – ₹212 | 42 | ( 10 L | 42 H) | Listed above GMP expectations | ₹284 |
| LEAP India Mainboard | 7-11 August 2026 | ₹151 – ₹159 | 13 | ( 3 L | 19 H) | Listed below GMP expectations | ₹165.90 |
| LAPL Automotive SME | 6-10 August 2026 | ₹88 – ₹94 | 50 | ( 7 L | 50 H) | Listed below GMP expectations | ₹135.00 |
| Ardee Industries Mainboard | 5-7 August 2026 | ₹50 – ₹53 | 17 | ( 6 L | 17 H) | Listed above GMP expectations | ₹72.00 |
| Aegeus Technologies | 4-6 August 2026 | ₹100 – ₹105 | 12 | ( 0 L | 12 H) | Listed above GMP expectations | ₹124.50 |
| Anawil Wire & Engineering SME | 3-5 August 2026 | ₹257 – ₹270 | 58 | ( 50 L | 90 H) | Listed above GMP expectations | ₹329.65 |
| Fusion Klassroom Edutech SME | 31st July – 04 Aug 2026 | ₹151 – ₹159 | 0 | ( 0 L | 9 H) | Listed above GMP expectations | ₹170.00 |
| G.V.Electricals SME | 31st July – 07 Aug 2026* | ₹123 – ₹130 | 25 | ( 12 L | 26 H) | Listed above GMP expectations | ₹158 |
| Oneindig Technologies SME | 30st July – 03 Aug 2026 | ₹91 – ₹96 | 7 | ( 0 L | 7 H) | Listed above GMP expectations | ₹120 |
| Juniper Green Energy Mainboard | 30st July – 03 Aug 2026 | ₹214 – ₹225 | 23 | ( 0 L | 23 H) | Listed below GMP expectations | ₹245 |
| MV Electrosystems Mainboard | 30st July – 03 Aug 2026 | ₹400 – ₹425 | 109 | ( 60 L | 133 H) | Listed below GMP expectations | ₹520 |
| Dhaval Packaging SME | 30st July – 03 Aug 2026 | ₹92 – ₹97 | 12 | ( 0 L | 15 H) | Listed above GMP expectations | ₹110 |
| H. R. Hygiene SME | 29 – 31 July 2026 | ₹83 – ₹88 | 1 | ( 1 L | 2 H) | Listed above GMP expectations | ₹90 |
| Manipal Health Enterprises Mainboard | 29 – 31 July 2026 | ₹560 – ₹590 | 7 | ( -15 L | 55 H) | Listed above GMP expectations | ₹652 |
| Poojaa Precision Engineering SME | 28 – 30 July 2026 | ₹285 – ₹301 | 200 | ( 125 L | 300 H) | Listed below GMP expectations | ₹470 |
| Propshop Events and Exhibitions | 27 – 29 July 2026 | ₹69 | 0 | ( 0 L | 0 H) | Listed below GMP expectations | ₹55.2 |
| Advance Technoforge SME | 27 – 29 July 2026 | ₹95 | 4 | ( 1 L | 18 H) | Listed below GMP expectations | ₹94 |
| Silverstorm Parks and Resorts SME | 24 – 28 July 2026 | ₹123 – ₹133 | 5 | ( 0 L | 5 H) | Listed below GMP expectations | ₹132.90 |
| Xtranet Technologies Mainboard | 23 – 27 July 2026 | ₹120 – ₹127 | 14 | ( 4 L | 26 H) | Listed below GMP expectations | ₹136 |
| Indo-MIM Mainboard | 23 – 27 July 2026 | ₹461 – ₹485 | 184 | ( 145 L | 216 H) | Listed above GMP expectations | ₹700 |
| Lohia Corp Mainboard | 23 – 27 July 2026 | ₹404 – ₹425 | 17 | ( 7 L | 90 H) | Listed above GMP expectations | ₹461 |
| Cube Highways Trust InvIT | 22 – 24 July 2026 | ₹151 - ₹152 | 2 | ( 0 L | 2 H) | Listed above GMP expectations | ₹155 |
| Shree Balaji (Mala) Textiles SME | 22 – 24 July 2026 | ₹66 – ₹70 | 56 | ( 8 L | 56 H) | Listed above GMP expectations | ₹133 |
| Metalic Technoforge SME | 21 – 23 July 2026 | ₹72 – ₹77 | 6 | ( 0 L | 8 H) | Listed above GMP expectations | ₹87 |
| Gulf Lloyds (India) SME | 20 – 22 July 2026 | ₹100 | 1 | ( 1 L | 29 H) | Listed below GMP expectations | ₹100 |
| Caliber Mining and Logistics Mainboard | 17 – 21 July 2026 | ₹402 – ₹424 | 60 | ( 60 L | 118 H) | Listed above GMP expectations | ₹500.25 |
| Sotefin Bharat SME | 16 – 20 July 2026 | ₹178 – ₹187 | 2.5 | ( 0 L | 27 H) | Listed above GMP expectations | ₹205.00 |
| Alpine Texworld Mainboard | 14 – 16 July 2026 | ₹100 – ₹105 | 1 | ( 0 L | 10 H) | Listed below GMP expectations | ₹105 |
| Millworks Technologies SME | 14 – 16 July 2026 | ₹315 – ₹331 | 395 | ( 0 L | 415 H) | Listed below GMP expectations | ₹628.90 |
| SBI Funds Management Mainboard | 14 – 16 July 2026 | ₹545 – ₹574 | 65 | ( 0 L | 141 H) | Listed below GMP expectations | ₹613.30 |
| Laser Power & Infra Mainboard | 09 – 13 July 2026 | ₹203 – ₹214 | 39 | ( 0 L | 44 H) | Listed below GMP expectations | ₹250 |
| Devson Catalyst SME | 09 – 13 July 2026 | ₹112 – ₹118 | 49 | ( 0 L | 51 H) | Listed above GMP expectations | ₹196.15 |
| Happy Steels | 09 – 13 July 2026 | ₹62 – ₹66 | 10 | ( 0 L | 14 H) | Listed below GMP expectations | ₹68 |
| Kusumgar Mainboard | 08 – 10 July 2026 | ₹398 – ₹419 | 161 | ( 0 L | 173 H) | Listed below GMP expectations | ₹569 |
| IC Electricals SME | 03 – 07 July 2026 | ₹94 – ₹99 | 47 | ( 0 L | 55 H) | Listed above GMP expectations | ₹166 |
| Knack Packaging Mainboard | 01– 03 July 2026 | ₹161 – ₹170 | 8.5 | ( 0 L | 33 H) | Listed above GMP expectations | ₹188 |
| Vinit Mobile SME | 30 June – 02 July 2026 | ₹150 – ₹158 | 0 | ( 0 L | 31 H) | Listed below GMP expectations | ₹155 |
| Teja Engineering Industries SME | 30 June – 02 July 2026 | ₹220 | 36 | ( 0 L | 36 H) | Listed above GMP expectations | ₹418 |
| Seemax Resources SME | 30 June – 02 July 2026 | ₹134 – ₹141 | 0 | ( 0 L | 0 H) | Listed below GMP expectations | ₹112.8 |
| Sampark India Logistics SME | 30 June – 02 July 2026 | ₹80 – ₹84 | 2.5 | ( 0 L | 2.5 H) | Listed above GMP expectations | ₹89 |
| Kratikal Tech SME | 30 June – 02 July 2026 | ₹128 – ₹135 | 78 | ( 0 L | 78 H) | Listed below GMP expectations | ₹192 |
| Atharva Polyplast SME | 30 June – 02 July 2026 | ₹55 – ₹60 | 10 | ( 0 L | 10 H) | Listed below GMP expectations | ₹69 |
| Adon Agro Commodities SME | 29 June – 01 July 2026 | ₹66 – ₹70 | 0 | ( 0 L | 0 H) | Listed above GMP expectations | ₹78.25 |
| Astha Spintex Mainboard | 29 June – 01 July 2026 | ₹126 – ₹136 | 4 | ( 0 L | 6 H) | Listed below GMP expectations | ₹130 |
| Crazy Snacks SME | 25– 30 June 2026 | ₹39 – ₹42 | 0 | ( 0 L | 0 H) | Listed above GMP expectations | ₹44 |
| CSM Technologies Mainboard | 24– 29 June 2026 | ₹107 – ₹113 | 0 | ( 0 L | 4 H) | Listed in line with GMP expectations | ₹113 |
| Shreedhar Spinners SME | 23– 25 June 2026 | ₹50 – ₹53 | 0 | ( 0 L | 0 H) | Listed above GMP expectations | ₹54.40 |
| Jivial Industries SME | 23– 25 June 2026 | ₹196 | 0 | ( 0 L | 0 H) | Listed below GMP expectations | ₹156.8 |
| Cordelia Cruises (Waterways Leisure Tourism Limited) Mainboard | 23– 25 June 2026 | ₹769 – ₹808 | -51 | ( -51 L | 54 H) | Listed below GMP expectations | ₹681 |
| Advit Jewels Mainboard | 23– 25 June 2026 | ₹130 – ₹138 | 50 | ( 0 L | 101 H) | Listed above GMP expectations | ₹188.90 |
| Turtlemint Fintech Mainboard | 19– 23 June 2026 | ₹144 – ₹152 | -5 | ( -5 L | 18 H) | Listed below GMP expectations | ₹134.9 |
| Anubhav Plast SME | 19– 23 June 2026 | ₹77 – ₹80 | 0 | ( 0 L | 0 H) | Listed in line with GMP expectations | ₹80 |
| Riyaasat Lifestyle SME | 18– 22 June 2026 | ₹102 – ₹108 | 0 | ( 0 L | 0 H) | Listed below GMP expectations | ₹84.8 |
| Avience Biomedicals SME | 18– 22 June 2026 | ₹196-₹208 | 145 | ( 0 L | 145 H) | Listed above GMP expectations | ₹395.20 |
| Diksha Polymers SME | 17– 19 June 2026 | ₹112 | 0 | ( 0 L | 0 H) | Listed above GMP expectations | ₹114.50 |
| Clay Craft SME | 17– 19 June 2026 | ₹193 – ₹203 | 35 | ( 0 L | 76 H) | Listed below GMP expectations | ₹211 |
| Leapfrog Engineering SME | 17– 19 June 2026 | ₹21 – ₹23 | 0 | ( 0 L | 02 H) | Listed below GMP expectations. | ₹22 |
| Liotech Industries SME | 17– 19 June 2026 | ₹321 | 0 | ( 0 L | 51 H) | Listed below GMP expectations | ₹257 |
| Horizon Reclaim (India) SME | 12– 16 June 2026 | ₹98 – ₹103 | 75 | ( 0 L | 75 H) | Listed below GMP expectations | 151 |
| Susan Electricals India SME | 11– 15 June 2026 | ₹120 – ₹127 | 43 | ( 0 L | 63 H) | Listed above GMP expectations | ₹186 |
| Utkal Speciality Industries SME | 10– 12 June 2026 | ₹62 – ₹66 | 0 | ( 0 L | 13 H) | Listed in line with GMP expectations | ₹66 |
| Genxai Analytics SME | 05– 09 June 2026 | ₹110 – ₹116 | 1 | ( 0 L | 15 H) | Listed below GMP expectations | ₹92.8 |
| Hexagon Nutrition Mainboard | 05– 09 June 2026 | ₹42 – ₹45 | 4 | ( 0 L | 13 H) | Listed below GMP expectations | ₹48.25 |
| UHM Vacation SME | 04– 08 June 2026 | ₹157 – ₹166 | 0 | ( -6 L | 10 H) | Listed below GMP expectations | ₹132.80 |
| Vahh Chemicals SME | 04– 08 June 2026 | ₹60 | 7 | ( 0 L | 15 H) | Listed above GMP expectations | ₹70 |
| CMR Green Technologies Mainboard | 03– 05 June 2026 | ₹182 – ₹192 | 67 | ( 20 L | 75 H) | Listed above GMP expectations | ₹268 |
| Merritronix | 01– 03 June 2026 | ₹141 – ₹149 | 67 | ( 20 L | 75 H) | Listed above GMP expectations | ₹283.1 |
| Aureate Tradde SME | 29 May -02 June 2026 | ₹70 | 1 | ( 0 L | 12 H) | Listed below GMP expectations | ₹70 |
| Rajnandini Fashion India SME | 26-29 May 2026 | ₹59 – ₹63 | 7 | ( 0 L | 10 H) | Listed below GMP expectations | ₹63 |
| SMR Jewels SME | 26-29 May 2026 | ₹128 – ₹135 ₹125 – ₹128 | 0 | ( 0 L | 0 H) | Listed below GMP expectations | ₹102.95 |
| Yaashvi Jewellers Limited SME | 25-27 May 2026 | ₹83 | 0 | ( 0 L | 0 H) | Listed in line with GMP expectations | ₹83 |
| M R Maniveni Foods SME | 22-26 May 2026 | ₹51 – ₹52 | 0 | ( 0 L | 0 H) | Listed below GMP expectations | ₹42.55 |
| Q-Line Biotech SME | 21-25 May 2026 | ₹326 – ₹343 | 125 | ( 45 L | 143 H) | Listed below GMP expectations | ₹452 |
| Bio Medica Laboratories SME | 21-25 May 2026 | ₹132 – ₹139 | -5 | ( -5 L | 4 H) | Listed below GMP expectations | ₹111.2 |
| Autofurnish SME | 21-25 May 2026 | ₹41 | 0 | ( 0 L | 0 H) | Listed above GMP expectations | ₹43 |
| Vegorama Punjabi Angithi SME | 20-22 May 2026 | ₹73 – ₹77 | 9 | ( 0 L | 15 H) | Listed above GMP expectations | ₹118.1 |
| Harikanta Overseas SME | 20-22 May 2026 | ₹85-₹91 | 0 | ( 0 L | 0 H) | Listed below GMP expectations | ₹79.75 |
| Teamtech Formwork SME | 19-21 May 2026 | ₹61 – ₹63 | 5 | ( 0 L | 5 H) | Listed above GMP expectations | ₹75 |
| NFP Sampoorna Foods SME | 18-20 May 2026 | ₹52- ₹55 | 0 | ( 0 L | 8 H) | Listed below GMP expectations | ₹54.5 |
| Goldline Pharmaceutical SME | 12-14 May 2026 | ₹41 – ₹43 | 17 | ( 0 L | 27 H) | Listed below GMP expectations | ₹59.75 |
| RFBL Flexi Pack SME | 12-14 May 2026 | ₹47 – ₹50 | 2 | ( 0 L | 5 H) | Listed above GMP expectations | ₹52.5 |
| Simca Advertising SME | 08-12 May 2026 | ₹174 – ₹183 | 2 | ( 0 L | 34 H) | Listed below GMP expectations | ₹156 |
| Bagmane Prime Office REIT | 05-07 May 2026 | ₹95.00 – ₹100 | 4 | ( 0 L | 5 H) | Listed below GMP expectations | ₹103.5 |
| Recode Studios SME | 05-07 May 2026 | ₹150 – ₹158 | 50 | ( 0 L | 52 H) | Listed above GMP expectations | ₹213.10 |
| Value 360 Communications SME | 04-06 May 2026 | ₹95 – ₹98 | 1 | ( 0 L | 5 H) | Listed below GMP expectations | ₹78.4 |
| Kissht SME IPO | 30 April-05 May 2026 | ₹162 – ₹171 | 22 | ( 0 L | 26 H) | Listed below GMP expectations | ₹190 |
| Amba Auto Sales & Services SME | 27-29 April 2026 | ₹130 – ₹135 | 0 | ( 0 L | 0 H) | Listed below GMP expectations | ₹134.50 |
| Adisoft Technologies SME | 23-27 April 2026 | ₹163 – ₹172 | 21 | ( 0 L | 21 H) | Listed above GMP expectations | ₹205 |
| Citius TransNet InvIT | 17-21 April 2026 | ₹99 – ₹100 | 4 | ( 0 L | 4 H) | Listed above GMP expectations. | ₹104.6 |
| Mehul Telecom SME | 17-21 April 2026 | ₹96 – ₹98 | 4 | ( 0 L | 5 H) | Listed above GMP expectations | ₹108 |
| Om Power Transmission Mainboard | 09-13 April 2026 | ₹166 – ₹175 | 4 | ( 0 L | 6 H) | Listed above GMP expectations | ₹186 |
| Safety Controls & Devices SME | 06-08 April 2026 | 80 | 0 | ( 0 L | 0 H) | Listed above GMP expectations | 83 |
| Emiac Technologies Limited SME | 27-08 April 2026 | 98 | 0 | ( 0 L | 0 H) | Listed above GMP expectations | 107.8 |
| Vivid Electromech SME | 25-30 Mar 2026 | 555 | 0 | ( 0 L | 0 H) | Listed above GMP expectations | 565 |
| Highness Microelectronics SME | 24-27 Mar 2026 | 120 | 25 | ( 0 L | 30 H) | Listed below GMP expectations | 125 |
| Amir Chand Jagdish Kumar (Exports) Limited Mainboard | 24-27 Mar 2026 | 212 | 2 | ( -4 L | 8 H) | Listed below GMP expectations | 200 |
| Powerica Limited Mainboard | 24-27 Mar 2026 | 395 | 0 | ( 0 L | 12 H) | Listed below GMP expectations | 366 |
| Sai Parenteral’s Limited Mainboard | 24-27 Mar 2026 | 392 | 0 | ( 0 L | 0 H) | Listed above GMP expectations | 400 |
| Tipco Engineering India Limited SME | 23-25 Mar 2026 | 89 | 0 | ( 0 L | 0 H) | Listed above GMP expectations | 89.25 |
| Speciality Medicines SME | 20-24 Mar 2026 | 124 | 0 | ( 0 L | 0 H) | Listed in line with GMP expectations | 124 |
| Central Mine Planning & Design Institute Limited (CMPDIL) Mainboard | 20-24 Mar 2026 | 172 | 4 | ( 0 L | 22 H) | Listed below GMP expectations | 160 |
| Novus Loyalty Limited SME | 17-20 Mar 2026 | 146 | 0 | ( 0 L | 0 H) | Listed in line with GMP expectations | 146 |
| GSP Crop Science Mainboard | 16-18 Mar 2026 | 320 | 2 | ( 0 L | 2 H) | Listed above GMP expectations | 328 |
| Apsis Aerocom Limited SME | 11-13 Mar 2026 | 110 | 25 | ( 0 L | 25 H) | Listed above GMP expectations | 153 |
| Raajmarg Infra InvIT Mainboard | 11-13 Mar 2026 | 100 | 3.5 | ( 0 L | 5 H) | Listed above GMP expectations | 107 |
| Innovision Limited Mainboard | 10-17 Mar 2026 | 548 | -85 | ( -98 L | 64 H) | Listed in line with GMP expectations | 467.7 |
| Rajputana Stainless Mainboard | 09-11 Mar 2026 | 122 | 3 | ( 0 L | 3 H) | Listed below GMP expectations | 122 |
| Srinibas Pradhan Constructions SME | 06-10 Mar 2026 | 98 | 0 | ( 0 L | 0 H) | Listed above GMP expectations | 100.05 |
| Elfin Agro India SME | 05-09 Mar 2026 | 47 | 0 | ( 0 L | 0 H) | Listed above GMP expectations | 47.3 |
| Sedemac Mechatronics Mainboard | 04-06 Mar 2026 | 1,352 | 0 | ( -30 L | 130 H) | Listed above GMP expectations | 1,535 |
| Acetech E-Commerce SME | 27 Feb-04 Mar 2026 | 112 | 0 | ( 0 L | 0 H) | Listed in line with GMP expectations | 112 |
| Striders Impex SME | 26 Feb-02 Mar 2026 | 72 | 0 | ( 0 L | 0 H) | Listed below GMP expectations | 70 |
| Omnitech Engineering SME | 25-27th Feb 2026 | 227 | -10 | ( -10 L | 16 H) | Listed above GMP expectations | 202 |
| Yaap Digital SME | 25-27th Feb 2026 | 145 | 0 | ( 0 L | 4 H) | Listed below GMP expectations | 127 |
| PNGS Reva Diamond Jewellery Mainboard | 24-26th Feb 2026 | 386 | -20 | ( -21 L | 30 H) | Listed above GMP expectations | 375 |
| Mobilise App Lab SME | 23-25th Feb 2026 | 80 | 4 | ( 4 L | 16 H) | Listed below GMP expectations | 64.1 |
| Accord Transformer & Switchgear SME | 23-25th Feb 2026 | 46 | 4 | ( 4 L | 17 H) | Listed in line with GMP expectations | 50 |
| Shree Ram Twistex Mainboard | 23-25th Feb 2026 | 104 | -28 | (-30 L | 18 H) | Listed below GMP expectations | 68 |
| Kiaasa Retail SME | 23-25th Feb 2026 | 127 | 0 | (0 L | 26 H) | Listed below GMP expectations | 123 |
| Clean Max Enviro Energy Mainboard | 23-25th Feb 2026 | 1,053 | -35 | (-35 L | 29 H) | Listed below GMP expectations | 960 |
| Manilam Industries SME | 20-24th Feb 2026 | 69 | 0 | (0 L | 0 H) | Listed below GMP expectations | 55.2 |
| Gaudium IVF Mainboard | 20-24th Feb 2026 | 79 | 0 | (-4 L | 15 H) | Listed above GMP expectations. | 83 |
| Yashhtej Industries (India) SME | 18-20th Feb 2026 | 110 | 0 | (0 L | 23 H) | Listed below GMP expectations | 88 |
| Fractal Industries SME | 16-18th Feb 2026 | 216 | 8 | (0 L | 8 H) | Listed above GMP expectations | 229 |
| Marushika Technology SME | 12-16th Feb 2026 | 117 | 2 | ↑ | Listed above GMP expectations | 120 |
| Aye Finance (Mainboard) | 09-11th Feb 2026 | 129 | -2 | ↓ | Listed above GMP expectations | 129 |
| Fractal Analytics (Mainboard) | 09-11th Feb 2026 | 900 | -28 | ↓ | Listed above GMP expectations | 876 |
| PAN HR Solution SME | 06-10th Feb 2026 | 78 | 0 | - | Listed above GMP expectations | 78.35 |
| Brandman Retail SME | 04-06th Feb 2026 | 176 | 17 | ↑ | Listed below GMP expectations | 183 |
| Grover Jewells SME | 04-06th Feb 2026 | 88 | 0 | ↓ | Listed above GMP expectations | 96 |
| Biopol Chemicals SME | 06-10th Feb 2026 | 108 | 1 | ↑ | Listed above GMP expectations | 111 |
| Hannah Joseph Hospital SME | 22-28th Jan 2026 | 70 | 2 | - | Listed below expectations | 65 |
| Kasturi Metal Composite SME | 27-29th Jan 2026 | 64 | 2 | - | Listed below GMP expectations | 64 |
| Accretion Nutraveda SME | 28-30th Jan 2026 | 129 | 68 | ↑ | Listed close to GMP expectations. | 191 |
| Kanishk Aluminium India SME | 28-30th Jan 2026 | 73 | 0 | - | Listed below GMP expectations | 58.4 |
| Msafe Equipments SME | 28-30th Jan 2026 | 123 | 21 | ↓ | Listed in line with or close to GMP expectations | 144 |
| C K K Retail Mart SME | 30-3rd Feb 2026 | 163 | 0 | - | Listed in line with GMP expectation. | 163 |
| Sri Priyanka Geo Commex SME | 24– 29 June 2026 | ₹207 - ₹212 | 0 | - | Neutral Pre market buzz | Withdrawn |
| Twinkle Papers | 29 June – 01 July 2026 | ₹64 – ₹69 | 0 | - | Neutral Pre market buzz | Withdrawn |
| Jio Platforms Mainboard | Issue is under DRHP | Not listed |
Here L=Low, H- High.
“GMP (Grey Market Premium) is an unofficial and unregulated indicator. Don't consider it as any investment advice."
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 68 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 – August 2026 Commentary
1. Advance Technoforge Limited GMP Vs Listing
Advance Technoforge Limited finally got listed at ₹94.00, or ₹1.00 below the issue price of ₹95.00, which is a 1.05% discount to the issue price.The GMP was ₹4, or 4.21% above the issue price.The issue listed below GMP expectations.
The GMP movement remained volatile, rising to a peak of ₹18 before dropping sharply and settling at ₹4 ahead of listing: ₹3.5 → ₹5.5 → ₹6 → ₹8 → ₹9 → ₹8 → ₹1 → ₹8 → ₹14 → ₹18 → ₹5 → ₹3 → ₹4.
2. Propshop Events and Exhibitions Limited GMP Vs Listing
Propshop Events and Exhibitions Limited finally got listed at ₹55.20, or ₹13.80 below the issue price of ₹69.00, which is a 20.00% discount to the issue price.The GMP was ₹0, or 0% above the issue price.The issue listed below GMP expectations.There was no movement in the grey market premium, with the GMP remaining at ₹0 throughout the tracking period, indicating an absence of any grey market premium ahead of listing.
3. Poojaa Precision Engg Limited GMP Vs Listing
Poojaa Precision Engineering Limited finally got listed at ₹470.00, or ₹169.00 above the issue price of ₹301.00, which is a 56.15% premium to the issue price.The GMP was ₹200, or 66.45% above the issue price.The issue listed below GMP expectations.The GMP movement reflected exceptionally strong investor sentiment, surging to a peak of ₹300 before cooling from its highs and settling at ₹200 ahead of listing:
₹125 → ₹150 → ₹195 → ₹217 → ₹245 → ₹260 → ₹300 → ₹275 → ₹225 → ₹190 → ₹185 → ₹225 → ₹210 → ₹225 → ₹215 → ₹220 → ₹225 → ₹230 → ₹232 → ₹235 → ₹200
4. Fusion Klassroom Edutech Limited GMP Vs Listing
Fusion Klassroom Edutech Limited finally got listed at ₹170.00, or ₹11.00 above the issue price of ₹159.00, which is a 6.92% premium to the issue price.The GMP was ₹0, or 0% above the issue price.The issue listed well above GMP expectations.The GMP movement initially turned positive, reaching ₹9, but subsequently declined and returned to ₹0 ahead of listing: ₹0 → ₹9 → ₹7 → ₹4 → ₹0
5. Manipal Health Enterprises Limited GMP Vs Listing
Manipal Health Enterprises Limited (MHEL) finally got listed at ₹652.00, or ₹62.00 above the issue price of ₹590.00, which is a 10.51% premium to the issue price.The GMP was ₹7, or 1.19% above the issue price.The issue listed well above GMP expectations.The GMP movement showed a dramatic shift in sentiment. It started strongly at ₹55, gradually weakened, turned negative to as low as -₹15, and then recovered to ₹7 just ahead of listing:
₹55 → ₹10 → ₹26 → ₹28 → ₹33 → ₹35 → ₹32 → ₹20 → ₹26 → ₹25 → ₹18 → ₹13 → ₹9 → ₹10 → ₹9 → ₹8 → ₹5 → ₹7 → ₹6 → ₹3 → ₹0 → -₹15 → -₹13 → -₹5 → -₹9 → -₹7 → -₹6 → -₹9 → -₹7 → -₹6 → -₹5 → ₹0 → ₹2.5 → ₹3.5 → ₹7
6. Dhaval Packaging Limited GMP Vs Listing
Dhaval Packaging Limited finally got listed at ₹110.00, or ₹13.00 above the issue price of ₹97.00, which is a 13.40% premium to the issue price.The GMP was ₹12, or 12.37% above the issue price.The issue listed slightly above GMP expectations.The GMP movement showed positive but fluctuating sentiment, rising to ₹15 before cooling to ₹4 and then recovering to ₹12 ahead of listing: ₹0 → ₹5 → ₹8 → ₹12 → ₹13 → ₹15 → ₹12 → ₹11 → ₹8 → ₹6 → ₹4 → ₹5 → ₹8 → ₹10 → ₹12
7. MV Electrosystems Limited GMP Vs Listing
MV Electrosystems Limited finally got listed at ₹520.00, or ₹95.00 above the issue price of ₹425.00, which is a 22.35% premium to the issue price.The GMP was ₹109, or 25.65% above the issue price.The issue listed slightly below GMP expectations.The GMP movement reflected consistently strong investor sentiment, rising from ₹60 to a peak of ₹133 before cooling and eventually settling at ₹109 ahead of listing: ₹60 → ₹75 → ₹90 → ₹103 → ₹100 → ₹104 → ₹105 → ₹106 → ₹100 → ₹110 → ₹120 → ₹125 → ₹133 → ₹130 → ₹115 → ₹110 → ₹115 → ₹112 → ₹90 → ₹100 → ₹98 → ₹102 → ₹107 → ₹109
8. H. R. Hygiene GMP Vs Listing
H. R. Hygiene Limited finally got listed at ₹90.00, or ₹2.00 above the issue price of ₹88.00, which is a 2.27% premium to the issue price.The GMP was ₹1, or 1.14% above the issue price.The issue listed above GMP expectations.
The GMP movement remained subdued throughout the tracking period, fluctuating within a narrow ₹1–₹2 range:
₹2 → ₹1 → ₹2 → ₹1
9. Juniper Green Energy Limited GMP Vs Listing
Juniper Green Energy Limited finally got listed at ₹245.00, or ₹20.00 above the issue price of ₹225.00, which is an 8.89% premium to the issue price.The GMP was ₹23, or 10.22% above the issue price.The issue listed slightly below GMP expectations.The GMP movement showed a notable turnaround in sentiment. After initially rising to ₹17, the premium fell as low as ₹1 before recovering strongly and reaching ₹23 ahead of listing: ₹0 → ₹11 → ₹13 → ₹17 → ₹10 → ₹8 → ₹7 → ₹6 → ₹4 → ₹3 → ₹2 → ₹1 → ₹8 → ₹9 → ₹12 → ₹13 → ₹15 → ₹21 → ₹23.
10. G.V.Electricals Limited GMP Vs Listing
G.V. Electricals Limited listed at ₹158.00, delivering a 21.54% gain over its ₹130 issue price. The final GMP was ₹25 (19.23%), and the issue listed above GMP expectations. GMP ranged from ₹12 to ₹26.
GMP Movement: ₹12 → ₹18 → ₹22 → ₹25 → ₹26 → ₹24 → ₹23 → ₹26 → ₹22 → ₹26 → ₹25.
11. Oneindig Technologies Limited GMP Vs Listing
Oneindig Technologies Limited finally got listed at ₹120.00, or ₹24.00 above the issue price of ₹96.00, which is a 25.00% premium to the issue price. The GMP was ₹7, or 7.29% above the issue price. The issue listed well above GMP expectations. The GMP movement remained limited but turned positive ahead of listing: ₹0 → ₹7
12. Ardee Industries Limited GMP Vs Listing
Ardee Industries Limited listed at ₹72.00, delivering a 35.85% gain over its ₹53 issue price. The final GMP was ₹17 (32.08%), and the issue listed above GMP expectations. GMP ranged from ₹6 to ₹17.
GMP Movement: ₹13 → ₹6 → ₹10 → ₹13 → ₹10 → ₹8 → ₹7 → ₹6 → ₹7 → ₹6 → ₹7 → ₹8 → ₹15 → ₹14 → ₹15 → ₹14 → ₹15 → ₹14 → ₹12 → ₹13 → ₹15 → ₹16 → ₹15 → ₹13 → ₹17
13. Anawil Wire & Engineering Limited GMP Vs Listing
Anawil Wire & Engineering Limited finally got listed at ₹329.65, or ₹59.65 above the issue price of ₹270.00, which is a 22.09% premium to the issue price.The GMP was ₹58, or 21.48% above the issue price.The issue listed slightly above GMP expectations.The GMP movement showed strong investor sentiment, rising from ₹50 to a peak of ₹90 before cooling and settling at ₹58 ahead of listing: ₹50 → ₹60 → ₹70 → ₹65 → ₹60 → ₹80 → ₹90 → ₹80 → ₹78 → ₹70 → ₹67 → ₹60 → ₹64 → ₹62 → ₹55 → ₹58
14. Aegeus Technologies Limited GMP Vs Listing
Aegeus Technologies Limited listed at ₹124.50, delivering an 18.57% gain over its ₹105 issue price. The final GMP was ₹12 (11.43%), and the issue listed above GMP expectations. GMP ranged from ₹0 to ₹12.
GMP Movement: ₹0 → ₹12.
15. LAPL Automotive Limited GMP Vs Listing
LAPL Automotive Limited listed at ₹135.00, delivering a 43.62% gain over its ₹94 issue price. The final GMP was ₹50 (53.19%), and the issue listed below GMP expectations. GMP ranged from ₹7 to ₹50.
GMP Movement: ₹7 → ₹22 → ₹25 → ₹27 → ₹26 → ₹30 → ₹32 → ₹35 → ₹37 → ₹39 → ₹47 → ₹49 → ₹50.
16. LEAP India Ltd GMP Vs Listing
LEAP India Limited listed at ₹165.90, delivering a 4.34% gain over its ₹159 issue price. The final GMP was ₹13 (8.18%), and the issue listed below GMP expectations. GMP ranged from ₹3 to ₹19.
GMP Movement: ₹8 → ₹4 → ₹3 → ₹8 → ₹15 → ₹19 → ₹17 → ₹14 → ₹15 → ₹16 → ₹10 → ₹12 → ₹13 → ₹9 → ₹13 → ₹12 → ₹11 → ₹12 → ₹14 → ₹12 → ₹13.
17. Technocraft Ventures GMP Vs Listing
Technocraft Ventures listed at ₹284.00, delivering a 33.96% gain over its ₹212 issue price. The final GMP was ₹42 (19.81%), and the issue listed above GMP expectations. GMP ranged from ₹10 to ₹42.
GMP Movement: ₹14 → ₹16 → ₹13 → ₹10 → ₹12 → ₹13 → ₹17 → ₹15 → ₹16 → ₹17 → ₹15 → ₹20 → ₹21 → ₹22 → ₹26 → ₹27 → ₹30 → ₹24 → ₹25 → ₹29 → ₹32 → ₹38 → ₹37 → ₹35 → ₹40 → ₹38 → ₹42.
18. Dhoot Transmission GMP Vs Listing
Dhoot Transmission listed at ₹1,200.00, delivering a 37.77% gain over its ₹871 issue price. The final GMP was ₹262 (30.08%), and the issue listed above GMP expectations. GMP ranged from ₹182 to ₹280.
GMP Movement: ₹182 → ₹196 → ₹250 → ₹247 → ₹253 → ₹255 → ₹253 → ₹254 → ₹255 → ₹254 → ₹245 → ₹247 → ₹259 → ₹265 → ₹267 → ₹250 → ₹246 → ₹253 → ₹255 → ₹238 → ₹254 → ₹280 → ₹276 → ₹279 → ₹275 → ₹265 → ₹266 → ₹271 → ₹262 → ₹263 → ₹261 → ₹255 → ₹252 → ₹262.
19. Optimystix Entertainment India Limited GMP Vs Listing
Optimystix Entertainment India Limited listed at ₹180.00, delivering a 2.86% gain over its ₹175 issue price. The final GMP was ₹0 (0%), and the issue listed above GMP expectations. GMP ranged from ₹0 to ₹5.
GMP Movement: ₹0 → ₹5 → ₹0.
20. Molbio Diagnostics Limited GMP Vs Listing
Molbio Diagnostics Limited listed at ₹980.00, delivering a 21.44% gain over its ₹807 issue price. The final GMP was ₹116 (14.37%), and the issue listed above GMP expectations. GMP ranged from ₹80 to ₹220.
GMP Movement: ₹80 → ₹170 → ₹200 → ₹220 → ₹205 → ₹175 → ₹180 → ₹130 → ₹122 → ₹132 → ₹120 → ₹135 → ₹127 → ₹124 → ₹122 → ₹138 → ₹136 → ₹149 → ₹145 → ₹154 → ₹156 → ₹135 → ₹136 → ₹115 → ₹126 → ₹125 → ₹120 → ₹116.
21. Pramodini Medicare Limited GMP Vs Listing
Pramodini Medicare Limited listed at ₹120.00, delivering a 1.69% gain over its ₹118 issue price. The final GMP was ₹0 (0%), and the issue listed above GMP expectations. GMP ranged from ₹0 to ₹0.
GMP Movement: ₹0
22. Milky Mist Dairy Food Limited GMP Vs Listing
Milky Mist Dairy Food Limited listed at ₹165.00, delivering a 17.86% gain over its ₹140 issue price. The final GMP was ₹20 (14.29%), and the issue listed above GMP expectations. GMP ranged from ₹16 to ₹31.
GMP Movement: ₹31 → ₹26 → ₹25 → ₹27 → ₹23 → ₹24 → ₹27 → ₹25 → ₹26 → ₹24 → ₹20 → ₹21 → ₹22 → ₹19 → ₹20 → ₹21 → ₹23 → ₹27 → ₹29 → ₹26 → ₹25 → ₹24 → ₹23 → ₹20 → ₹18 → ₹19 → ₹18 → ₹20 → ₹16 → ₹18 → ₹20.
23. Shiprocket Limited GMP Vs Listing
Shiprocket Limited listed at ₹131.00, delivering a 35.05% gain over its ₹97 issue price. The final GMP was ₹35 (36.08%), and the issue listed below GMP expectations. GMP ranged from ₹14 to ₹38.
GMP Movement: ₹14 → ₹16 → ₹20 → ₹15 → ₹14 → ₹16 → ₹20 → ₹21 → ₹22 → ₹26 → ₹27 → ₹30 → ₹33 → ₹34 → ₹33 → ₹36 → ₹35 → ₹36 → ₹35 → ₹34 → ₹32 → ₹34 → ₹33 → ₹34 → ₹38 → ₹36 → ₹35.
24. Fascinate Textiles Limited GMP Vs Listing
Fascinate Textiles Limited listed at ₹120.80, delivering a 20.00% loss from its ₹151 issue price. The final GMP was ₹0 (0%), and the issue listed below GMP expectations. The IPO was subscribed 1.45x, while GMP ranged from ₹0 to ₹0.
GMP Movement: ₹0
25. Behari Lal Engineering Limited GMP Vs Listing
Behari Lal Engineering Limited listed at ₹465.00, delivering a 63.16% gain over its ₹285 issue price. The final GMP was ₹133 (46.67%), and the issue listed above GMP expectations. GMP ranged from ₹10 to ₹133.
GMP Movement: ₹10 → ₹25 → ₹30 → ₹25 → ₹50 → ₹53 → ₹52 → ₹45 → ₹30 → ₹67 → ₹70 → ₹72 → ₹74 → ₹78 → ₹80 → ₹83 → ₹82 → ₹83 → ₹84 → ₹93 → ₹97 → ₹105 → ₹117 → ₹121 → ₹125 → ₹133.
26. Q&T Foods Limited GMP Vs Listing
Q&T Foods Limited listed at ₹115.00, in line with its ₹115 issue price. The final GMP was ₹1 (0.87%), and the issue listed below GMP expectations. GMP ranged from ₹1 to ₹21.
GMP Movement: ₹6 → ₹15 → ₹21 → ₹10 → ₹6 → ₹5 → ₹3 → ₹1.
27. Sham Foam Limited GMP Vs Listing
Sham Foam Limited listed at ₹104.00, delivering a 20.00% loss from its ₹130 issue price. The final GMP was ₹1.50 (1.15%), and the issue listed below GMP expectations. GMP ranged from ₹0 to ₹9.
GMP Movement: ₹0 → ₹9 → ₹4 → ₹6 → ₹9 → ₹6 → ₹4 → ₹1.5.
28. Credent Connect N Care Limited GMP Vs Listing
Credent Connect N Care Limited listed at ₹359.10, delivering a 90.00% gain over its ₹189 issue price. The final GMP was ₹92 (48.68%), and the issue listed above GMP expectations. GMP ranged from ₹0 to ₹92.
GMP Movement: ₹0 → ₹10 → ₹35 → ₹46 → ₹50 → ₹72 → ₹52 → ₹75 → ₹65 → ₹55 → ₹45 → ₹63 → ₹70 → ₹76 → ₹78 → ₹85 → ₹92.
29. ENS Enterprises Limited GMP Vs Listing
ENS Enterprises Limited listed at ₹96.00, delivering a 4.35% gain over its ₹92 issue price. The final GMP was ₹5 (5.43%), and the issue listed below GMP expectations. The IPO was subscribed 12.27x, while GMP ranged from ₹0 to ₹6.
GMP Movement: ₹0 → ₹4 → ₹6 → ₹5.
30. Skytech Infinite Platform Limited GMP Vs Listing
Skytech Infinite Platform Limited listed at ₹74.00, delivering a 3.90% loss from its ₹77 issue price. The final GMP was ₹1 (1.30%), and the issue listed below GMP expectations. The IPO was subscribed 1.99x, while GMP ranged from ₹0 to ₹13.
GMP Movement: ₹0 → ₹13 → ₹10 → ₹7 → ₹5 → ₹1.
31. Sunshine Pictures Limited GMP Vs Listing
Sunshine Pictures Limited listed at ₹395.90, delivering a 9.97% gain over its ₹360 issue price. The final GMP was ₹50 (13.89%), and the issue listed below GMP expectations. The IPO was subscribed 82.16x, while GMP ranged from ₹0 to ₹80.
GMP Movement: ₹0 → ₹14 → ₹15 → ₹17 → ₹19 → ₹21 → ₹25 → ₹30 → ₹33 → ₹36 → ₹48 → ₹50 → ₹53 → ₹54 → ₹62 → ₹65 → ₹75 → ₹77 → ₹78 → ₹77 → ₹79 → ₹63 → ₹75 → ₹80 → ₹75 → ₹72 → ₹70 → ₹62 → ₹67 → ₹68 → ₹65 → ₹55 → ₹59 → ₹56 → ₹50.
32. Technocrats Plasma Systems Limited GMP Vs Listing
Technocrats Plasma Systems Limited listed at ₹230.00, delivering a 74.24% gain over its ₹132 issue price. The final GMP was ₹70 (53.03%), and the issue listed above GMP expectations. The IPO was subscribed 189.22x, while GMP ranged from ₹0 to ₹70.
GMP Movement: ₹0 → ₹18 → ₹22 → ₹27 → ₹22 → ₹24 → ₹20 → ₹30 → ₹32 → ₹28 → ₹30 → ₹37 → ₹43 → ₹41 → ₹50 → ₹59 → ₹65 → ₹70.
33. Lalithaa Jewellery Mart Limited GMP Vs Listing
Lalithaa Jewellery Mart Limited listed at ₹265.00, delivering a 31.84% gain over its ₹201 issue price. The final GMP was ₹74 (36.82%), and the issue listed below GMP expectations. The IPO was subscribed 46.84x, while GMP ranged from ₹17 to ₹77.
GMP Movement: ₹17 → ₹27 → ₹40 → ₹41 → ₹30 → ₹38 → ₹35 → ₹30 → ₹24 → ₹22 → ₹26 → ₹29 → ₹36 → ₹26 → ₹29 → ₹30 → ₹32 → ₹33 → ₹34 → ₹40 → ₹42 → ₹44 → ₹46 → ₹54 → ₹55 → ₹60 → ₹61 → ₹60 → ₹58 → ₹54 → ₹53 → ₹55 → ₹64 → ₹66 → ₹71 → ₹76 → ₹77 → ₹73 → ₹75 → ₹74
34. Shankesh Jewellers Limited GMP Vs Listing
Shankesh Jewellers Limited listed at ₹103.30, delivering an 11.08% gain over its ₹93 issue price. The final GMP was ₹3 (3.23%), and the issue listed above GMP expectations. The IPO was subscribed 2.19x, while GMP ranged from ₹0 to ₹8.
GMP Movement: ₹0 → ₹7 → ₹3 → ₹8 → ₹6 → ₹5 → ₹3 → ₹2 → ₹4 → ₹5 → ₹4 → ₹2 → ₹5 → ₹4 → ₹1 → ₹3 → ₹4 → ₹2 → ₹0 → ₹1.50 → ₹3.
35. Horizon Industrial Parks Limited GMP Vs Listing
Horizon Industrial Parks Limited listed at ₹60.25, delivering a 0.42% gain over its ₹60 issue price. The final GMP was ₹2 (3.33%), and the issue listed below GMP expectations. The IPO was subscribed 0.90x, while GMP ranged from ₹0 to ₹4.50.
GMP Movement: ₹0 → ₹4.50 → ₹4 → ₹2 → ₹1 → ₹2 → ₹3 → ₹2.
36. Gaja Alternative Asset Management Limited GMP Vs Listing
Gaja Alternative Asset Management Limited listed at ₹185.00, delivering a 15.63% gain over its ₹160 issue price. The final GMP was ₹19 (11.88%), and the issue listed above GMP expectations. GMP ranged from ₹0 to ₹30.
GMP Movement: ₹0 → ₹9 → ₹7 → ₹5 → ₹30 → ₹23 → ₹20 → ₹21 → ₹23 → ₹24 → ₹18 → ₹13 → ₹15 → ₹12 → ₹16 → ₹18 → ₹19 → ₹16 → ₹17 → ₹14 → ₹13 → ₹18 → ₹19.
37. Mopshop Distribution Limited GMP Vs Listing
Mopshop Distribution Limited listed at ₹137.00, delivering a 0.72% loss from its ₹138 issue price. The final GMP was ₹1 (0.72%), and the issue listed below GMP expectations. The IPO was subscribed 1.64x, while GMP ranged from ₹1 to ₹22.
GMP Movement: ₹10 → ₹12 → ₹14 → ₹18 → ₹22 → ₹9 → ₹5 → ₹3 → ₹1.
38. Tempsens Instruments Limited GMP Vs Listing
Tempsens Instruments Limited GMP movement (85→65→95→135→140→152→154→158→168→172→175→190→185→195→220→230→232→250→257→259→270→274→277→282→287→290→315→320→321→313→310→323→325→305→307→305→300→310→303→305)
39. ABH Healthcare Limited GMP Vs Listing
ABH Healthcare Limited GMP movement (0)
40. Augmont Enterprises Limited GMP Vs Listing
Augmont Enterprises Limited GMP movement (150→160→165→180→190→232→280→285→295→300→310→365→390→380→395→380→390→372→330→320→315→320→315)
41. Dhanwel Hybrid Seeds Limited GMP Vs Listing
Dhanwel Hybrid Seeds Limited listed at ₹99.00, in line with its ₹99 issue price. The final GMP was ₹1 (1.01%), and the issue listed below GMP expectations. The IPO was subscribed 1.62x, while GMP ranged from ₹0 to ₹12.
GMP Movement: ₹0 → ₹12 → ₹8 → ₹5 → ₹1.
IPO GMP Today – September 2026 Commentary
1. Skyways Air Services Ltd GMP Vs Listing
Skyways Air Services GMP movement (11→19→20→28→31→33→40→42→50→42→45→37→32→30→28→33→32→29→30→41→42)
2. Sumax Engineering GMP Vs Listing
Sumax Engineering Limited GMP movement (10→20→30→32→35→30→25)
3. Madhur Knit Crafts Limited GMP Vs Listing
Madhur Knit Crafts Limited GMP movement (0→9→16→14→11)
4. Symbiotec Pharmalab GMP Vs Listing
Symbiotec Pharmalab Limited GMP movement (125→140→150→205→220→240→265→270→295→320→330→340→345→375→390→410→409→395→403→388→365→350
→352→345→340→315→305→285)
5. Hy-Tech Engineers GMP Vs Listing
Hy-Tech Engineers Limited GMP movement (5→2→10→15→22→25→27→25→30→35→30→38→40→44)
6. Annu Projects Limited GMP Vs Listing
Annu Projects Limited GMP movement (0→4→0→4)
7. Kwick Forensic Solutions GMP Vs Listing
Kwick Forensic Solutions GMP movement (15→43→51→61→64)
8. Lumino Industries Limited GMP Vs Listing
Lumino Industries Limited GMP movement (18.5→38→45→43→46→51→52→49→47→46→48→45→49→46→48→50→55)
9. Complete Sports and Management India Limited (CSML) GMP Vs Listing
Complete Sports and Management India Limited (CSML) GMP movement (0)
10. Priority Jewels Limited GMP Vs Listing
Priority Jewels Limited GMP movement (0→18→28→30→20)
11. Paluck Technologies Limited GMP Vs Listing
Paluck Technologies Limited GMP movement (0→10→18→25)
12. Shanti Inorganics Limited GMP Vs Listing
Shanti Inorganics Limited GMP movement (0→14→25→31)
13. ESDS Software Solution Limited GMP Vs Listing
ESDS Software Solution Limited GMP movement (240→288→250→265→280→325→345→350→365)
14. Purple Style Labs Limited GMP Vs Listing
Purple Style Labs Limited GMP movement (0)
15. Ashutosh Fibre Limited GMP Vs Listing
Ashutosh Fibre Limited GMP movement (0→13→15)
16. Rays of Belief Limited GMP Vs Listing
Rays of Belief Limited GMP movement (0→18→15)
17. Phychem Technologies Limited GMP Vs Listing
Phychem Technologies Limited GMP movement (0→3)
18. Deepa Jewellers Limited GMP Vs Listing
Deepa Jewellers Limited GMP movement (0→12)
IPO GMP Monthly Review and Commentary of Previous Months:
1. IPO GMP Janauary 2026, 2. GMP vs Listing Gains February 2026 3. GMP vs Listing Gains March 2026 IPOs 4. GMP vs Listing Gains April 2026 IPOs 5. GMP vs Listing Gains May 2026 IPOs 6. GMP vs Listing Gains June 2026 IPOs 7. GMP vs Listing Gains July 2026 IPOs
What is IPO Grey Market Premium (GMP)?
As described by the Oxford Dictionary, the grey market refers to the buying and selling of stocks or securities before they are officially issued or listed on the stock exchange. In the context of an IPO, a company announces an issue price, but the listing price remains unknown until the shares are officially listed.
This gap is where the grey market comes into play. Based on demand in local unofficial markets, market participants estimate the likely listing price of the stock. This estimated price can be higher, lower, or fluctuate relative to the IPO issue price depending on subscription levels, market sentiment, and overall conditions.
The difference between this estimated price and the IPO issue price is known as the IPO Grey Market Premium (GMP). Since grey market transactions are unofficial and unregulated, the GMP is not verified by SEBI, NSE, or BSE and should not be solely relied upon for investment decisions. It is best used only as a reference indicator to understand market expectations before listing.
Read our detailed beginner’s guide on IPO Grey Market Premium (GMP) to understand how it works, examples, formula, risks, and historical listing outcomes.
How Accurate is GMP?
While GMP is often discussed as a predictor of listing price, its accuracy varies widely across IPOs. In some cases, GMP closely matches the opening price, while in others it either overestimates or underestimates actual demand.
To understand how GMP accuracy should be measured, what counts as a success or failure, and how real IPOs have behaved in 2025, we have analysed multiple listings with practical examples in a dedicated article.
Read the detailed analysis here: How Accurate Is IPO Grey Market Premium in Predicting Listing Price?
Is Grey Market Premium (GMP) a Reliable Indicator?
Grey Market Premium (GMP) is often tracked by retail investors to gauge early demand for an IPO, but its accuracy as a predictor of listing performance is limited. While a high GMP may indicate strong speculative interest and potential listing gains, it is largely driven by sentiment, hype, and informal expectations, rather than verified demand or company fundamentals.
The grey market is unregulated and non-binding, meaning prices can be easily influenced or manipulated. There have been several instances where IPOs with strong GMP failed to deliver expected listing gains, while others with flat or negative GMP surprised investors with strong listings. This highlights that GMP reflects short-term speculation, not long-term value or guaranteed outcomes.
As a result, GMP should be treated as a signal, not a decision-making tool. Investors are better served by combining GMP data with subscription trends, financial analysis, and overall market conditions rather than relying on it in isolation.
Read our detailed analysis on whether investing based on IPO Grey Market Premium is a good strategy, including real Indian IPO case studies, risks, and expert verdict.
Why Grey Market IPO Premium Goes Up or Down?
Many times, we see that the Grey Market Premium (GMP), which was once at a certain level, moves to X+10 or X−10 or any other value. These movements are purely based on predictions. As already stated, GMP is not a regulated parameter and is completely outside any formal calculation.
So, if in the grey market a stock starts receiving positive sentiment, its GMP goes up, and when it receives negative sentiment, the number comes down. Also, as we have already explained in the previous section on how accurate GMP is, we have presented real IPO examples where the predicted GMP and the actual listing prices were not the same.
Therefore, when you see that an IPO’s GMP has gone up or down, you do not need to worry about it. It is ultimately the listing price that decides whether you make a gain or incur a loss relative to the issue price.
Top IPOs with Highest Grey Market Premiums in Recent Years
Over the years, several IPOs have witnessed exceptionally high Grey Market Premiums, reflecting strong pre-listing sentiment among investors. To understand how such IPOs actually performed post-listing, we have analysed the top IPOs with the highest GMP in the last five years, comparing grey market expectations with real listing outcomes.
Read the full analysis here:
Top IPOs with the Highest Grey Market Premium in the Last 5 Years. We also did a detailed analysis of mainboard IPOs and their GMP and listing performance review, the outcome of details are published on
62 Mainboard IPOs: GMP vs Actual Listing Performance – A Data Study.
GMP shows market sentiment, but valuation also plays a key role in listing performance. Explore our IPO Valuation vs Listing Performance Study 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.
Copyright @ 2026 MrMoneyFrugal
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.