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Live IPO GMP | Grey Market Premium

IPO GMP is trending for Krystal Integrated Services, KP Green Engineering, Enfuse Solutions, Chatha Foods, Naman In-Store (India) 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.

Current IPO GMP

IPO Price GMP(₹) Est Listing Sub2 Fire Rating IPO Size Open Close BoA Dt Listing GMP Updated
Aspire & Innovative NSE SMEUpcoming54--54 (0.00%)--Rating 1/5₹21.97 Cr26-Mar28-Mar1-Apr3-Apr19-Mar 15:33
Blue Pebble NSE SMEUpcoming16850218 (29.76%)30400Rating 4/5₹18.14 Cr26-Mar28-Mar1-Apr3-Apr19-Mar 15:29
SRM Contractors IPOUpcoming21025235 (11.90%)1300/18200Rating 3/5₹130.20 Cr26-Mar28-Mar1-Apr3-Apr19-Mar 15:27
Naman In-Store (India) NSE SMEUpcoming8950139 (56.18%)60800Rating 5/5₹25.35 Cr22-Mar27-Mar28-Mar2-Apr19-Mar 15:30
Vishwas Agri Seeds NSE SMEUpcoming86--86 (0.00%)--Rating 1/5₹25.80 Cr21-Mar26-Mar27-Mar1-Apr19-Mar 15:24
Vruddhi Engineering Works BSE SMEUpcoming70--70 (0.00%)--Rating 1/5₹4.76 Cr21-Mar26-Mar27-Mar1-Apr19-Mar 15:33

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Omfurn India SME FPOUpcoming75--75 (0.00%)--Rating 1/5₹27.00 Cr20-Mar22-Mar26-Mar28-Mar19-Mar 15:29
Chatha Foods BSE SMEOpen (Sub:0.72x)56864 (14.29%)12200Rating 3/5₹34.00 Cr19-Mar21-Mar26-Mar27-Mar19-Mar 15:33
KP Green Engineering BSE SMEClose (Sub:26.87x)14413157 (9.03%)9900Rating 2/5₹189.50 Cr15-Mar19-Mar20-Mar22-Mar19-Mar 15:25
Enfuse Solutions NSE SMEClose (Sub:330.86x)9643139 (44.79%)39200Rating 4/5₹22.44 Cr15-Mar19-Mar20-Mar22-Mar19-Mar 15:28
Enser Communications NSE SMEClose (Sub:6.97x)70--70 (0.00%)--Rating 1/5₹16.17 Cr15-Mar19-Mar20-Mar22-Mar19-Mar 15:32
Krystal Integrated Services IPOClose (Sub:13.49x)71545760 (6.29%)700/9800Rating 2/5₹300.13 Cr14-Mar18-Mar19-Mar21-Mar19-Mar 15:29
AVP Infracon NSE SMEClose (Sub:21.45x)75--75 (0.00%)--Rating 1/5₹52.34 Cr13-Mar15-Mar18-Mar20-Mar19-Mar 15:25
Royal Sense BSE SME[email protected] (90.00%)6837105 (54.41%)56200Rating 5/5₹9.86 Cr12-Mar14-Mar15-Mar19-Mar19-Mar 9:24
Popular Vehicles & IPO[email protected] (-1.97%)295--295 (0.00%)--Rating 1/5₹601.55 Cr12-Mar14-Mar15-Mar19-Mar19-Mar 9:32
Signoria Creation NSE SME[email protected] (101.54%)6560125 (92.31%)91200Rating 5/5₹9.28 Cr12-Mar14-Mar15-Mar19-Mar19-Mar 9:33
Pratham EPC Projects NSE SME[email protected] (51.07%)7527102 (36.00%)32800Rating 4/5₹36.00 Cr11-Mar13-Mar14-Mar18-Mar18-Mar 9:29
Pune E-Stock Broking BSE SMEL@130 (56.63%)8340123 (48.19%)48600Rating 4/5₹38.23 Cr7-Mar12-Mar13-Mar15-Mar15-Mar 9:24
Shree Karni Fabcom NSE SME[email protected] (14.54%)22730257 (13.22%)13700Rating 3/5₹42.49 Cr6-Mar11-Mar12-Mar14-Mar14-Mar 9:27
Gopal Snacks IPO[email protected] (-12.47%)401-25376 (-6.23%)--Rating 1/5₹650.00 Cr6-Mar11-Mar12-Mar14-Mar14-Mar 9:32
Koura Fine Diamond BSE SME[email protected] (36.36%)5560115 (109.09%)91200Rating 5/5₹5.50 Cr6-Mar11-Mar12-Mar14-Mar14-Mar 9:26
JG Chemicals IPOL@209 (-5.43%)2215226 (2.26%)300/4200Rating 1/5₹251.19 Cr5-Mar7-Mar11-Mar13-Mar13-Mar 9:33
Sona Machinery NSE SMEL@125 (-12.59%)14330173 (20.98%)22800Rating 4/5₹51.82 Cr5-Mar7-Mar11-Mar13-Mar13-Mar 9:31
R K SWAMY IPOL@250 (-13.19%)288--288 (0.00%)--Rating 1/5₹423.56 Cr4-Mar6-Mar7-Mar12-Mar12-Mar 9:32
V R Infraspace NSE SMEL@90 (5.88%)85691 (7.06%)7300Rating 2/5₹20.40 Cr4-Mar6-Mar7-Mar12-Mar12-Mar 9:33
M.V.K. Agro Food NSE SMEL@79 (-34.17%)120--120 (0.00%)--Rating 1/5₹65.88 Cr29-Feb4-Mar5-Mar7-Mar7-Mar 8:31
Mukka Proteins IPOL@40 (42.86%)283563 (125.00%)14200/198800Rating 5/5₹224.00 Cr29-Feb4-Mar5-Mar7-Mar7-Mar 8:28
Bharat Highways InvIT IPO[email protected] (1.10%)1002102 (2.00%)200/2800Rating 1/5₹2500.00 Cr28-Feb1-Mar6-Mar12-Mar12-Mar 9:26
Platinum Industries IPOL@225 (31.58%)17187258 (50.88%)5800/81200Rating 5/5₹235.32 Cr27-Feb29-Feb1-Mar5-Mar5-Mar 8:03
Exicom Tele-Systems IPOL@265 (86.62%)142160302 (112.68%)12200/183000Rating 5/5₹429.00 Cr27-Feb29-Feb1-Mar5-Mar5-Mar 7:58
Purv Flexipack NSE SMEL@260 (266.20%)71130201 (183.10%)158100Rating 5/5₹40.21 Cr27-Feb29-Feb1-Mar5-Mar5-Mar 7:58
Owais Metal and NSE SME[email protected] (187.36%)87100187 (114.94%)121600Rating 5/5₹42.69 Cr26-Feb28-Feb29-Feb4-Mar4-Mar 8:28
Sadhav Shipping NSE SMEL@135 (42.11%)9530125 (31.58%)27400Rating 4/5₹38.18 Cr23-Feb27-Feb28-Feb1-Mar1-Mar 8:27
GPT Healthcare IPO[email protected] (15.59%)18617203 (9.14%)1000/14000Rating 2/5₹525.14 Cr22-Feb26-Feb27-Feb29-Feb29-Feb 8:29
Juniper Hotels IPOL@365 (1.39%)360--360 (0.00%)--Rating 1/5₹1800.00 Cr21-Feb23-Feb26-Feb28-Feb28-Feb 8:30
Deem Roll Tech NSE SME[email protected] (55.04%)12978207 (60.47%)59300Rating 5/5₹29.26 Cr20-Feb22-Feb23-Feb27-Feb27-Feb 8:33
Zenith Drugs NSE SME[email protected] (39.24%)7935114 (44.30%)42600Rating 4/5₹40.68 Cr19-Feb22-Feb23-Feb27-Feb27-Feb 8:31
Kalahridhaan Trendz NSE SME[email protected] (4.78%)45348 (6.67%)6800Rating 2/5₹22.49 Cr15-Feb20-Feb21-Feb23-Feb23-Feb 8:26
Atmastco NSE SMEL@91 (18.18%)77683 (7.79%)7300Rating 2/5₹56.25 Cr15-Feb20-Feb21-Feb23-Feb23-Feb 8:29
Interiors and More NSE SMEL@270 (18.94%)22736263 (15.86%)16400Rating 3/5₹42.00 Cr15-Feb20-Feb21-Feb23-Feb23-Feb 8:24

What is Grey Market and GMP?

Explanation of Grey Market and GMP in simple terms:

  • Grey Market is an unofficial market for the Pre IPO.
  • GMP is the premium per share.
  • Kostak is the premium per application.
  • Sub2 or Sub2Sauda is the premium for the allotted application.
  • As GMP is unofficial, thus there are no regulatory bodies (rules and regulations) involved.
  • All transaction for GMP is done in cash.
  • There is no written communication for Grey Market. Small slips of paper is the contract.
  • There is no official dealer. All buying and selling is through word of mouth and trust only.
  • The higher GMP means a higher possibility of IPO getting listed at a bumper price.
  • Fire Rating of a IPO is the measure of how popular is the IPO in terms of expected return.
  • GMP activity can start before the price band announcement.
Disclaimer from Admins as per SEBI norms: Equity Investment are subject to 100% market risks. Refer your financial consultant advice before Investing. This group is only for Educational and Learning, Knowledge Purposes. Admins have no responsibility for your intended decision & financial losses. Keep calculated & always analyzed your cash position and risk-bearing capacity before following msg of our group.

FAQs

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

  • SME IPO Issue Size: 20 Cr
  • 50% HNI and 50% Retail quota
  • Lot Size: approx 1200 shares
  • IPO Price: Rs 100
  • 1 Retail Application amount: Rs 1,20,000

With the above example for Rs 20 Cr IPO

  • Total Lots: 1666 (Approx)
  • Retail: 833 (1 lot application)
  • HNI: 416 (2 lots application)

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.

 


User Reviews

295. Parakram Singh Mar 18 2024 10:35:20 AM Reply
Dear Chittorgarh team,
GMP is showing as 40-50% when IPO starts and by listing day, it becomes 0. This seems to be a scam. Please follow due diligence in quoting GMP, as some of us apply in IPOs based on your established credentials and reputation.
Furthermore, allotment procedure of SME IPOs is a big scam. If members can please throw some light on it.
294. Yogi Mar 03 2024 06:28:32 PM Reply
I have applied for the last 25 IPOs in both retail, sHNI, and bHNI categories but not a single piece of luck. WIth luck playing very high role in allotment and with no luck at all by my side, I am going to stop applying in IPOs.
294.1. Rajeev Potnis Mar 05 2024 04:24:49 PM
There seems to be a big scam going on for high profile IPOs and SMEs.
Not heard any known person getting allotment for the good IPOs.
294.2. Tamilselvan D Mar 12 2024 03:02:05 PM
I agree with your point. This looks like scam or insiders only purchase the IPOs.
I do have applied for many IPOs, but not even a single time.
Particularly, SME IPOs common public wont get i think.
294.3. PRAJEESH A Mar 17 2024 07:25:57 AM
I got 1 retail quotation SME IPO ( Konstelec Electrical) listed at more than 200% gain.. so definitely will get .. as per the subscription times probability
293. Bhuro Mar 11 2024 08:39:14 PM Reply
Konsa ipo Lena chaye
292. Silent Person Mar 11 2024 11:46:17 AM Reply
Kindly update time in GMP Updates Time section.
291. Prateek Mar 06 2024 12:31:17 PM Reply
wasted 1year in applying money in ipo. In place of it , if put in mutual fund would have got 30% return. Going for lumpsum in mutual fund , Bye bye ipo....
291.1. Hari Kishan Nagpal Mar 07 2024 03:05:18 PM
I too having same idea
290. Kumar Feb 01 2024 08:38:55 AM Reply
Any chance to South Indian people get IPO
Almost 30 IPO applied till now am not getting any IPO, North Indian People getting very easily
How?any secret is there
290.1. Kunal Feb 01 2024 02:52:02 PM
Sir, IPO is for all Indians, so no differance between north and south.
290.2. anonymous Feb 02 2024 12:00:14 PM
yes there is a secret, we have multiple accounts with different PAN , so in a way, we have higher probability to get selected , since we apply more applications
290.3. Someone Feb 02 2024 08:15:04 PM
Bro that's false. I applied nearly 60 times and got nothing. And I am North Indian.
290.4. Vinay Jain Feb 03 2024 10:29:13 AM
As lot size is really big for SME, number of applicant get allotmenet are very low. For example in 20 Cr IPO, Retail Quota is 10Cr (if 50:50). Min application size is 1Lakh, so approx application is between 850 to 1000. So if you are very luck you will get allotmenet in that 1000. Keep applying, for more details refer BOA document which give clear visibility what is the ratio of allotmenet.
290.5. Bhawesh Choudhary Feb 04 2024 05:31:28 PM
Finally, After 6months regular applying in SME IPO .. I got A megatherm induction IPO..
290.6. Vinay Jain Feb 05 2024 08:45:13 AM
Congrats Bhawesh Sir, all the best for allotmenet and hope for supper listing.
290.7. Jiya Pandey Feb 06 2024 03:20:48 PM
I got allotment of SME IPO on the 2nd day after opening demat account and applying for Maxposure IPO.
290.8. Yuvraj Feb 07 2024 03:10:17 PM
We also need to judge that whether keeping on applying for SME IPOs for months it would be better to invest the amount in some good stock and get the gains as in bull market all stock gain 20-30% in 6 months
290.9. kumar Feb 17 2024 10:59:12 AM
Thankyou to all
I have applied lot of IPO still am continuously applying ,but am not getting any single allotment, but my North Indian Friend Got more than 5 IPO in last 4 month with good profit.

we also part of India, we also Indian. compare to north India we are paying more tax to central government . SEBI should allot some of share allotment to south state people also.

yes we are Indian
290.10. Saurabh Feb 26 2024 02:51:55 PM
Buddy, I think you''ve lost or common sense.

I hope you are aware with allotment process in IPO. It''s based on luck and use your PAN card only to allot shared not other information like if your male/femalr or North, south, west or North east indian..
290.11. Ravindran J Mar 01 2024 10:37:02 PM
Buddy you are idiot and lost common sence don''t spread rumours it is only luck as it is through lucky draw. Nothing is partiality. Central government doing love to south Indian more than north Indian. Same life a mother love more than a son then another. Don''t do bullish. Go to sebi and ask clarity.
290.12. kumar Mar 07 2024 11:27:53 AM
Mr. Ravindran i am applied almost 60 to 70 IPO since last 8 month but i didn''t get anything , one of my north Indian friend got 5 IPO in same time . i am not blaming any north Indian , compare to south Indian north Indian people is good and great. i am asking to central government only . not to you
289. Vinayak Mar 06 2024 04:48:41 PM Reply
Thanks InvestorGain team for your efforts with this informative and useful website. I am new to stock market and public issue but I was successfully alloted shares in IPOs of BLS e-Services, Juniper Hotels, Vibhor Steel Tubes, MediAssist Healthcare.
Best wishes
288. ravinder kumar chawla Mar 06 2024 10:53:29 AM Reply
what is going on in the market. who is getting the allottment - never heard from any friend any luck.
287. Javed Mar 02 2024 06:52:30 PM Reply
Vibhor and now exicom😔
286. jitendra shah Mar 02 2024 07:45:42 AM Reply
atmasco 1600 shaes sold in prelisting and 2 lot yet to sell.

daily 5% circuits. when to sell