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8 open · 5 upcoming · updated 27 Aug, 10:00 pm IST

IPO GMP today

The grey market premium reported for every Indian IPO currently open, upcoming or awaiting listing — mainboard and SME — alongside the price band, lot size and the minimum a retail applicant needs. Every premium carries the time it was recorded, because a GMP without a timestamp is not a number you can use.

What GMP actually is

Grey market premium is the price at which an IPO application or the unlisted share is quoted in an informal, over-the-counter market before listing. It is not an exchange price, it is not regulated, it is not audited, and no exchange or regulator publishes it. It is reported by third-party dealers and it can move — or be quoted differently by two sources — within the same hour.

What it is useful for is direction of sentiment: whether interest in an issue is building or fading as the subscription window runs. What it is not useful for is predicting a listing price. Alphave publishes the number and its history so you can read the trend, and deliberately does not convert it into an “expected listing gain”.

Open now — 8 issues

Issues accepting applications today. The subscription figures for each are on its own page.

Open IPOs — reported grey market premium
IPOGMPOver bandPrice bandLotMin. investmentDatesGMP recorded
COMPLETE SPORTS AND MANAGEMENT INDIASME₹128–₹1352000₹2,70,00028 Aug1 Sept
ESDS Software Solution₹33578.1%₹408–₹42934₹14,58628 Aug1 Sept27 Aug, 09:05 pm IST
Priority Jewels₹2010.0%₹190–₹20075₹15,00028 Aug1 Sept27 Aug, 09:05 pm IST
Paluck TechnologiesSME₹46–₹486000₹2,88,00028 Aug1 Sept
Lumino Industries₹5061.0%₹78–₹82182₹14,92427 Aug31 Aug27 Aug, 09:05 pm IST
Kwick Forensic SolutionsSME₹85–₹903200₹2,88,00027 Aug31 Aug
Sumax EngineeringSME₹95–₹1012400₹2,42,40025 Aug28 Aug
Annu Projects₹44.0%₹94–₹99151₹14,94925 Aug28 Aug27 Aug, 09:05 pm IST

Upcoming — 5 issues

Issues with dates announced that have not opened yet. A premium quoted before an issue opens is thinly traded and moves the most.

Upcoming IPOs — reported grey market premium
IPOGMPOver bandPrice bandLotMin. investmentDatesGMP recorded
Rays of Belief₹187.5%₹227–₹23962₹14,8181 Sept3 Sept27 Aug, 09:05 pm IST
Deepa Jewellers₹3218.1%₹168–₹17784₹14,8681 Sept3 Sept27 Aug, 10:00 pm IST
Shanti InorganicsSME₹79–₹833200₹2,65,60031 Aug2 Sept
Ashutosh FibreSME₹87–₹922400₹2,20,80031 Aug2 Sept
Purple Style Labs₹00.0%₹546–₹57526₹14,95031 Aug2 Sept27 Aug, 09:05 pm IST

Closed, awaiting listing — 5

Applications have closed and allotment or listing is pending. GMP in this window reflects expectations into the listing date.

Closed IPOs awaiting listing — reported GMP
IPOGMPOver bandPrice bandLotMin. investmentDatesGMP recorded
Symbiotec Pharmalab₹27527.8%₹938–₹98815₹14,82024 Aug27 Aug27 Aug, 07:05 pm IST
Madhur Knit CraftsSME₹95–₹1002400₹2,40,00024 Aug27 Aug
ABH HealthcareSME₹00.0%₹96–₹1022400₹2,44,80024 Aug27 Aug17 Aug, 09:05 pm IST
Skyways Air Services₹4633.3%₹131–₹138100₹13,80024 Aug27 Aug27 Aug, 07:05 pm IST
Hy-Tech Engineers₹4483.0%₹50–₹53283₹14,99924 Aug27 Aug27 Aug, 07:05 pm IST

How to read the GMP trail

Each issue's page carries its full recorded GMP history, not just the latest figure. That trail is the part worth reading: a premium that holds steady through the subscription window is a different signal from one that spikes on day one and drifts down into the close. Open any issue above to see its trail, subscription by category, registrar and the strengths and risk factors from its own offer document.

What this page will not tell you

What the share will list at
Nobody knows, and GMP is not a forecast of it. It is an unofficial quote from an unregulated market, shown here with its source time so you can judge how stale it is.
Whether to apply
Alphave is NISM-certified, not a SEBI-registered research analyst. There is no rating, verdict or recommendation on any issue anywhere on this site.
Whether you will get an allotment
Allotment is decided by each issue's registrar after the window closes, and oversubscribed retail portions are allotted by lottery. Registrar details are on each issue's page.

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IPO Centre

Every Indian IPO in one place — mainboard and SME — from the day dates are announced through subscription, listing and after. Each issue carries its price band, lot size, the minimum a retail applicant needs, subscription by QIB, NII and retail category, the reported grey market premium with the time it was recorded, and the registrar and lead managers handling it.

What you can do here

Related tools on Alphave

Every tool reads the same live feed and the same filed statements, so a name you find in one opens in any of the others.

Open to everyone; the per-issue terminal needs a free account. Alphave is NISM-certified, not a SEBI-registered research analyst — nothing here is investment advice or a recommendation to buy or sell any security.