Latest IPO GMP Today, IPO Grey Market Premium Live Price- Finance Dada
At FinanceDada, we bring you the latest insights into the Initial Public Offering (IPO) market, focusing on the Grey Market Premium (GMP) for both Mainboard and SME IPOs. The IPO GMP is a key indicator of investor sentiment, reflecting the premium at which IPO shares are traded in the unofficial grey market before their official listing on the stock exchange. Below, we explore what IPO GMP means, how it works, and the latest GMP trends for upcoming IPOs as of July 1, 2025.
What is IPO Grey Market Premium (GMP)?
The Grey Market Premium (GMP) represents the difference between the IPO issue price and the price at which shares are traded in the grey market, an unregulated platform where shares are bought and sold before listing. For instance, if an IPO is priced at ₹100 and its GMP is ₹20, the estimated listing price could be around ₹120. A high GMP signals strong investor confidence and potential for a positive listing, while a low or negative GMP may indicate bearish sentiment or lower expected listing gains.
However, GMP is not a guaranteed predictor of listing performance. Factors like company fundamentals, market conditions, and demand from institutional investors can significantly influence the actual listing price. Investors should use GMP as a reference but always analyze the company’s financials, business model, and market dynamics before investing.
Current IPO GMP with Estimated Listing Gain
| Stock / IPO | IPO GMP | Price | Gain | Date | Subject | Type |
|---|---|---|---|---|---|---|
| GNG Electronics | ₹99 | ₹237 | 41.77% | 23-25 July | ₹4,500 | Mainboard |
| Indiqube Spaces | ₹6 | ₹237 | 2.53% | 23-25 July | ₹200 | Mainboard |
| Brigade Hotel Ventures | ₹- | ₹90 | -% | 24-28 July | ₹- | Mainboard |
| Shanti Gold | ₹39 | ₹199 | 19.59% | 25-29 July | ₹2,100 | Mainboard |
| Laxmi India Finance | ₹- | ₹158 | -% | 29-31 July | ₹- | Mainboard |
| Aditya Infotech | ₹227 | ₹675 | 33.62% | 29-31 July | ₹3,800 | Mainboard |
| Sri Lotus Developers | ₹45 | ₹150 | 30% | 30-1 August | ₹3,300 | Mainboard |
| NSDL | ₹139 | ₹800 | 17.37% | 30-1 August | ₹1,900 | Mainboard |
| M&B Engineering | ₹36 | ₹385 | 9.35% | 30-1 August | ₹1,000 | Mainboard |
| Highway Infrastructure | ₹26 | ₹70 | 37.14% | 5-7 August | ₹4,000 | Mainboard |
| Monarch Surveyors | ₹180 | ₹250 | 72% | 22-24 July | ₹82,100 | BSE SME |
| TSC India | ₹- | ₹70 | -% | 23-25 July | ₹- | NSE SME |
| Patel Chem Specialities | ₹40 | ₹84 | 47.61% | 25-29 July | ₹48,600 | BSE SME |
| Sellowrap Industries | ₹18 | ₹83 | 21.68% | 25-29 July | ₹21,900 | NSE SME |
| Shree Refrigerations | ₹90 | ₹125 | 72% | 25-29 July | ₹68,400 | BSE SME |
| Repono | ₹21 | ₹95 | 22.10% | 28-30 July | ₹19,200 | BSE SME |
| Umiya Mobile | ₹- | ₹66 | -% | 28-30 July | ₹- | BSE SME |
| Kaytex Fabrics | ₹32 | ₹180 | 17.77% | 29-31 July | ₹19,500 | NSE SME |
| B.D.Industries (Pune) | ₹- | ₹108 | -% | 30-1 August | ₹- | BSE SME |
| Mehul Colours | ₹- | ₹72 | -% | 30-1 August | ₹- | BSE SME |
| Takyon Networks | ₹- | ₹54 | -% | 30-1 August | ₹- | BSE SME |
| Cash Ur Drive Marketing | ₹25 | ₹130 | 19.23% | 31-4 August | ₹19,000 | NSE SME |
| Renol Polychem | ₹- | ₹105 | -% | 31-4 August | ₹- | NSE SME |
| Flysbs Aviation | ₹150 | ₹225 | -% | 1-5 August | ₹68,400 | NSE SME |
| Parth Electricals | ₹- | ₹170 | -% | 4-6 August | ₹- | NSE SME |
| Jyoti Global Plast | ₹10 | ₹66 | 15.15% | 4-6 August | ₹15,200 | NSE SME |
| Aaradhya Disposal | ₹- | ₹116 | -% | 4-6 August | ₹- | NSE SME |
| Victory Electric | ₹- | ₹72 | -% | 2025 | ₹- | NSE SME |
| Wagons Learning | ₹- | ₹82 | -% | 2025 | ₹- | BSE SME |
| Hero Motors | ₹- | ₹- | -% | 2025 | ₹- | Mainboard |
| Vigor Plast | ₹- | ₹- | -% | 2025 | ₹- | NSE SME |
| Orient Cables | ₹- | ₹- | -% | 2025 | ₹- | Mainboard |
| WeWork India | ₹- | ₹- | -% | 2025 | ₹- | Mainboard |
| Priority Jewels | ₹- | ₹- | -% | 2025 | ₹- | Mainboard |
| Hero Fincorp | ₹- | ₹- | -% | 2025 | ₹- | Mainboard |
| Tea Post | ₹- | ₹- | -% | 2025 | ₹- | Mainboard |
| BMW Ventures | ₹- | ₹- | -% | 2025 | ₹- | Mainboard |
| Solar91 Cleantech | ₹- | ₹- | -% | 2025 | ₹- | BSE SME |
| Rosmerta Digital | ₹- | ₹- | -% | 2025 | ₹- | BSE SME |
| BMW Ventures | ₹- | ₹- | -% | 2025 | ₹- | Mainboard |
| Solar91 Cleantech | ₹- | ₹- | -% | 2025 | ₹- | BSE SME |
| Rosmerta Digital | ₹- | ₹- | -% | 2025 | ₹- | BSE SME |
Note: GMP rates can fluctuate daily based on market sentiment, subscription levels, and demand. Always verify the latest GMP before making investment decisions.
Key Factors Influencing IPO GMP
Several factors drive the Grey Market Premium for IPOs:
- Company Fundamentals: Strong financials, a reputable management team, and clear growth prospects boost GMP.
- Market Conditions: Bullish market sentiment and favorable sector performance increase GMP, while bearish conditions can suppress it.
- Demand and Supply: High subscription rates, especially from High Net-worth Individuals (HNIs) and Qualified Institutional Buyers (QIBs), often lead to higher GMP.
- Kostak Rates: This is the amount paid for an IPO application in the grey market, regardless of allotment status. For example, an investor might sell their IPO application for a fixed premium, securing profit even if shares are not allotted.
Understanding Kostak and Subject to Sauda
- Kostak Rate: The premium an investor earns by selling their IPO application in the grey market before allotment. For instance, if an investor applies for 15 shares at ₹500 (total ₹7500) and sells the application for a ₹1000 Kostak rate, they secure a fixed profit of ₹1000, regardless of allotment.
- Subject to Sauda: This refers to a deal where the buyer pays a premium for an IPO application only if it receives allotment. It typically commands a higher rate than Kostak due to the confirmed allotment.
Why Monitor IPO GMP on FinanceDada?
Tracking IPO GMP on FinanceDada helps investors gauge market sentiment and estimate potential listing gains. However, we advise against relying solely on GMP for investment decisions. Always consider:
- Company Financials: Review the Draft Red Herring Prospectus (DRHP) and Red Herring Prospectus (RHP) for insights into revenue, profitability, and risks.
- Promoter Background: Assess the credibility and track record of the company’s promoters.
- Market Trends: Evaluate broader market conditions and sector performance.
- Expert Advice: Consult a SEBI-registered financial advisor to align investments with your risk tolerance and goals.
FAQs on IPO Grey Market Premium (GMP) – FinanceDada
Below are frequently asked questions (FAQs) about the IPO Grey Market Premium (GMP) to help you understand its role in IPO investments, as featured on FinanceDada.
1. What is IPO Grey Market Premium (GMP)?
The Grey Market Premium (GMP) is the price difference between an IPO’s issue price and the price at which its shares are traded in the unofficial grey market before they are listed on the stock exchange. It reflects investor sentiment and demand for the IPO, indicating potential listing gains or losses.
2. How does the grey market work for IPOs?
The grey market is an unregulated platform where investors trade IPO shares or applications before the official listing. Buyers and sellers agree on a premium (GMP) or a fixed amount (Kostak rate) based on market demand and sentiment, without actual share delivery until listing.
3. What is the difference between GMP, Kostak, and Subject to Sauda?
- GMP: The premium at which IPO shares are traded in the grey market over the issue price. For example, a ₹10 GMP on a ₹100 IPO suggests a listing price of ₹110.
- Kostak Rate: The amount paid for an IPO application, regardless of whether shares are allotted. It guarantees profit for the seller.
- Subject to Sauda: A deal where a premium is paid for an IPO application only if shares are allotted, typically at a higher rate than Kostak.
4. Is GMP a reliable indicator of IPO listing performance?
No, GMP is not a guaranteed predictor of listing performance. While it reflects market sentiment, actual listing prices depend on company fundamentals, market conditions, and investor demand. Use GMP as a reference, but always conduct thorough research.
5. What factors influence IPO GMP?
Key factors include:
- Company Fundamentals: Strong financials and growth prospects boost GMP.
- Market Sentiment: Bullish markets increase GMP, while bearish markets lower it.
- Subscription Demand: High demand from retail, HNI, or QIB investors drives GMP higher.
- Sector Performance: IPOs in trending sectors often have higher GMPs.
6. Can I trade in the grey market?
Yes, but the grey market is unregulated and carries risks. Trading occurs through brokers or dealers outside SEBI’s oversight. FinanceDada does not endorse or facilitate grey market trading and advises consulting a SEBI-registered advisor before participating.
7. How can I track the latest IPO GMP on FinanceDada?
Visit FinanceDada for real-time updates on IPO GMPs, subscription statuses, and expert reviews. We cover both Mainboard and SME IPOs, providing insights into market trends and estimated listing gains.
8. Why do some IPOs have negative GMP?
A negative GMP indicates that grey market shares are trading below the IPO issue price, suggesting low investor confidence or weak demand. This could be due to poor company fundamentals, unfavorable market conditions, or sector-specific challenges.
9. How does GMP affect my IPO investment decision?
GMP can provide insight into market sentiment, but it should not be the sole basis for investment. Analyze the company’s financials, promoter background, and market trends, and consult a financial advisor to align decisions with your risk tolerance.
10. Is investing in IPOs based on GMP safe?
Investing based solely on GMP is risky, as it’s speculative and unregulated. IPO investments carry market risks, and GMP fluctuations don’t guarantee listing outcomes. Always review the IPO’s Draft Red Herring Prospectus (DRHP) and seek professional advice.
11. How often does GMP change?
GMP can change daily or even multiple times a day based on market sentiment, subscription updates, and demand in the grey market. Check FinanceDada regularly for the latest GMP figures.
12. Where can I find reliable IPO GMP updates?
FinanceDada provides accurate and timely IPO GMP updates, along with subscription details and market insights. Avoid unverified sources, as grey market data can vary widely.
Disclaimer
The grey market is unregulated, and GMP figures are for informational purposes only. FinanceDada does not endorse or facilitate grey market trading. Investing in IPOs carries market risks, and decisions should be based on thorough research and professional advice. Always analyze your financial position and risk capacity before investing.
Stay tuned to FinanceDada for the latest IPO updates, GMP trends, subscription statuses, and expert reviews to make informed investment decisions in 2025!