Sometimes, IPO GMP (grey market premium) helps determine the demand for any company’s IPO. With the help of proper analysis and the upcoming IPO with GMP, many investors made huge money in just a few days. This post might be helpful if you are also looking for the latest GMP.
One should check or analyze various points before applying for an IPO. By checking these details, one can filter good IPOs with a high chance of listing gains.
Live IPO GMP Today
Note: All the IPO’s GMP (grey market premium) data was last updated on: 07 November 2024 at 07:32 PM.
| IPO | Status | GMP (₹) | Est Listing | Price Band (₹) | IPO Size (₹) | IPO Date | Listing Date |
|---|---|---|---|---|---|---|---|
| Swiggy | Open | ₹2 | ₹392 | ₹390 | ₹11,327.43Cr | 6 – 8 Nov | 13 Nov |
| ACME Solar Holdings | Open | ₹ NA | ₹289 | ₹289 | ₹2900.00Cr | 6 – 8 Nov | 13 Nov |
| Niva Bupa Health Insurance | Open | ₹ NA | ₹74 | ₹74 | ₹2200.00Cr | 7 – 11 Nov | 14 Nov |
| Neelam Lines and Garments (SME) | Upcoming | ₹ NA | ₹24 | ₹24 | ₹13.00Cr | 8 – 12 Nov | 18 Nov |
| Mangal Compusolution (SME) | Upcoming | ₹2 NA | ₹47 | ₹45 | ₹16.23Cr | 12 – 14 Nov | 20 Nov |
| Rosmerta Digital Services | Upcoming | ₹31 | ₹178 | ₹147 | ₹206.33Cr | 18 – 21 Nov | 26 Nov |
Upcoming IPOs
What is IPO GMP?
GMP stands for Grey Market Premium. A Grey Market is an unofficial market where stocks start trading once the IPO (initial public offering) and its details like price band, issue size, etc. are announced. Grey Market Premium (GMP) is the extra premium on which the stock is trading in the grey market.
For Example, A stock named “ABCD” IPO is announced with a price band of Rs. 100 to Rs. 105. If the stock GMP (grey market premium) is Rs. 20, it means the stock price is trading at Rs. 20 GMP.
What is Grey Market?
A Grey Market is an unofficial market where IPO stocks are traded before being listed on exchanges like NSE and BSE. As it is an unofficial market, there is no control of the government or any government platform.
In the grey market, the trades happen through any unofficial broker or dealer. Trading in the grey market is highly risky as there is no regulator and in case the dealer is fraud.
Is IPO GMP Accurate?
IPO GMP is not accurate and one should not rely on it. This is because the IPO GMP price also changes rapidly with time. Also, this is not an official indicator that can predict the listing gains of any IPO.
But on the other side, it is a good thing to know the demand or investors’ interest in the IPO.
Previous IPOs GMP
Here are the grey market premiums of the IPO that has been listed in the stock. Using this data, you can analyze and predict the accuracy of the GMP of any IPO.
NOTE: Adding the list soon…
What should you check before Applying for an IPO?
Making huge money from IPO in the short term is a good method but it comes with huge risk. Many IPO stocks were given more than 50% to 100% in a few days of listing in the NSE and BSE but on the other side, some IPOs crashed badly in just a few days.
You can avoid risky IPO by investing some time in the analysis of the company and the industry/sector. Here are some key points, you should check before applying for an IPO-
- Risks
- Strength
- Financials
- Valuations
- Competitors
- Fundamentals
- Industry Outlook
- Subscription Status
- Company Competitors
- Brokerages or Experts View
- Industry & Market Conditions
- etc…
Final Words
Grey Market Premium (GMP) is one of the good things to check the demand for IPO and predict the estimated listing price of any IPO. But one should not completely reply to it as many times the GPM of the IPO was high but just before the listing day it crashed. In many cases, the GMP was high but the IPO was listed at a discounted price.