| Stock/IPO | IPO GMP | IPO Price | Listing Gain % | Note | Date | Type | Updated |
|---|---|---|---|---|---|---|---|
| Amba Auto Sales | ₹0 | ₹23 | -% | May Apply | 27-29 April | SME | Apr 23 |
| Adisoft Technologies | ₹10 | ₹172 | 5.81% | Neutral | 23-27 April | SME | Apr 23 |
| Mehul Telecom | ₹3 | ₹98 | 3.06% | Neutral | 17-21 April | SME | Apr 23 |
| Citius Transnet InvIT | ₹2 | ₹100 | 2.00% | Neutral | 17-21 April | Mainboard | Apr 23 |
| Propshare Celestia | ₹2 | ₹1050000 | -% | May Apply | 10-16 April | Mainboard | Apr 23 |
IPO Grey Market Premium (GMP)
IPO Grey Market Premium (GMP) refers to the price at which an IPO’s shares are traded unofficially in the grey market before they are officially listed on the stock exchange. This market operates outside the regulatory framework and is driven purely by demand and supply among investors and dealers. GMP is often seen as an indicator of market sentiment and listing expectations for an upcoming IPO.
A positive GMP suggests strong investor interest and the possibility of a premium listing, while a negative or zero GMP may indicate weak demand or cautious sentiment. However, GMP is not an official or guaranteed metric. It can fluctuate sharply based on overall market conditions, subscription trends, anchor investor participation, and news flow related to the company or sector.
Investors should note that GMP does not reflect the company’s fundamentals, financial health, or long-term growth potential. It is largely influenced by short-term speculative interest. Many IPOs with high GMPs have delivered strong listings, but there are also cases where stocks failed to sustain gains post-listing.
Therefore, while GMP can provide a quick snapshot of market buzz around an IPO, it should be used only as a supplementary indicator. Investors are advised to rely more on the company’s business model, valuations, financial performance, and risk factors before making an IPO investment decision.
IPO GMP Disclaimer
- The Grey Market Premium (GMP) shown on IPO Watch is only for general information.
- We do not participate or trade in the grey market.
- Do not apply for an IPO based only on GMP figures.
- Always do your own research before investing.
- Carefully review the company’s financials, promoters, and business model.
- GMP reflects market demand and investor interest, which is visible through subscription data.
- GMP numbers are estimates based on expected demand and subscription levels.
- Stock market investments involve risk, and returns are never guaranteed.
- Invest thoughtfully and take decisions based on proper analysis, not market hype.