Initial Public Offerings (IPOs) have become one of the most popular ways for companies to raise capital in the stock market. For investors, it is an opportunity to buy shares at the offering price before the stock lists on the stock exchange. However, one of the critical factors that help investors evaluate IPOs is the Grey Market Premium (GMP).
Grey Market Premium reflects the demand and supply of a company’s IPO shares before their official listing. GMP is unofficial but gives a significant indication of potential listing gains. This page provides all upcoming IPO GMP details along with explanations, tables, and insights to help you make informed decisions.
IPO GMP Live
Below is a table of all the upcoming IPOs and their latest GMP updates. This list is updated daily to ensure accurate and real-time information.
Open IPOs
| IPO Name | Issue Price (₹) | GMP (₹) | Estimated Listing Price (₹) | Subscription Status | Closing Date | Minimum Investment (₹) |
|---|---|---|---|---|---|---|
| DAM Capital Advisors Ltd | 269 | 170 | 438 | 0.56x | 23 Dec 2024 | 14,257 / 53 shares |
| Transrail Lighting Ltd | 410 | 185 | 595 | 0.49x | 23 Dec 2024 | 13,940 / 34 shares |
| Sanathan Textiles Ltd | 305 | 60 | 365 | 0.12x | 23 Dec 2024 | 14,030 / 46 shares |
| Concord Enviro Systems Ltd | 665 | 70 | 735 | 0.20x | 23 Dec 2024 | 13,965 / 21 shares |
| Mamata Machinery Ltd | 230 | 260 | 490 | 3.77x | 23 Dec 2024 | 14,030 / 61 shares |
| NewMalayalam Steel Ltd | 85 | 31 | 116 | 0.53x | 23 Dec 2024 | 1,36,000 / 1600 shares |
| Identical Brains Studios Ltd | 51 | 45 | 96 | 62.8x | 20 Dec 2024 | 1,02,000 / 2000 shares |
| NACDAC Infrastructure Ltd | 33 | 49 | 82 | 743.43x | 19 Dec 2024 | 1,32,000 / 4000 shares |
Upcoming IPOs
| IPO Name | Issue Price (₹) | GMP (₹) | Estimated Listing Price (₹) | Opening Date | Minimum Investment (₹) |
|---|---|---|---|---|---|
| Ventive Hospitality Ltd | 610-643 | – | – | 20 Dec 2024 | To be announced |
| Carraro India Ltd | 668-704 | – | – | 20 Dec 2024 | To be announced |
| Senores Pharmaceuticals Ltd | 372-391 | – | – | 20 Dec 2024 | To be announced |
| Unimech Aerospace & Mfg. Ltd | 745-785 | – | – | 23 Dec 2024 | To be announced |
| Solar91 Cleantech Ltd | – | – | – | 24 Dec 2024 (Expected) | To be announced |
| Rosmerta Digital Services Ltd | – | – | – | To be announced | To be announced |
| Hero Fincorp Ltd | – | – | – | To be announced | To be announced |
| Avanse Financial Services Ltd | – | – | – | To be announced | To be announced |
| Indo Farm Equipment Ltd | – | – | – | To be announced | To be announced |
| Ather Energy Ltd | – | – | – | To be announced | To be announced |
Note: GMP data is sourced from market reports and unofficial channels. The numbers may fluctuate based on market conditions.
What is Grey Market Premium (GMP)?
Grey Market Premium (GMP) is the extra price at which IPO shares are traded unofficially before their listing. It shows investor sentiment and demand in the grey market. A higher GMP often signals strong listing expectations, while a low GMP suggests lukewarm demand.
How GMP Works:
- Suppose the IPO issue price is ₹500 per share.
- If the GMP is ₹100, the unofficial trading price becomes ₹600.
- This indicates a premium of ₹100 over the issue price.
Investors consider GMP as a vital indicator of potential listing gains, although it is not guaranteed.
Importance of IPO GMP for Investors
- Prediction of Listing Gains: GMP gives a rough idea of how the stock might perform on its listing day.
- Investor Sentiment: GMP reflects the overall demand and hype among investors for the IPO.
- Decision Making: It helps retail and HNI investors decide whether to apply for the IPO or not.
- Valuation Insights: A strong GMP indicates a favorable perception of the company’s valuation.
However, investors must use GMP as a reference only and also analyze the fundamentals of the company.
How to Interpret IPO GMP Data
- High GMP: Indicates strong investor confidence and potential listing gains.
- Low GMP: Suggests weaker demand or limited expectations for listing gains.
- Negative GMP: A red flag for investors, signaling weak demand.
Factors That Affect IPO GMP
Several factors influence the GMP of an IPO:
- Company Fundamentals: Strong financials and growth prospects drive higher GMP.
- Subscription Demand: Oversubscription leads to higher GMP as demand increases.
- Market Conditions: Positive stock market trends boost IPO GMP.
- Sector Sentiment: Favorable outlook for the company’s sector enhances demand.
- Peer Comparison: Valuation relative to peers can affect GMP.
Should You Rely on IPO GMP?
While GMP is a useful indicator of IPO demand, it is essential to combine it with fundamental and technical analysis. Relying solely on GMP can be risky as it is unofficial and may fluctuate rapidly.
Key Tips for Investors:
- Check the company’s financial performance and growth potential.
- Monitor the subscription status of the IPO.
- Consider the overall market conditions before applying.
- Use GMP as a reference, but it is not a guarantee.
Latest Trends in IPO GMP 2024
This year, IPOs have seen significant demand in sectors like technology, renewable energy, and consumer services. Investors are showing strong interest in companies with solid fundamentals, leading to high GMP for many upcoming IPOs.
Conclusion
The Grey Market Premium (GMP) is an essential tool for investors to gauge IPO demand and potential listing performance. On this page, we provide all upcoming IPO GMP details along with accurate data, real-time updates, and insights to help you make smart investment choices.
Remember, IPO GMP is an unofficial indicator and should always be analyzed in conjunction with the company’s fundamentals and overall market trends. Stay updated with our daily GMP table and make informed decisions for your IPO investments.