The Safety Controls IPO is a ₹48 crore book-built issue, consisting entirely of a fresh…
Novus Loyalty IPO GMP & Grey Market Premium 2026
The Novus Loyalty IPO GMP (Grey Market Premium) shows how the IPO is performing in the unofficial market before listing. Right now, the GMP is around ₹0, which means there is neutral demand and no expected listing gain at this stage.
GMP keeps changing daily based on investor interest, so it’s important to track updates regularly before making any decision.
Novus Loyalty IPO GMP Day 3
| Date | IPO GMP | GMP Trend | Gain |
|---|---|---|---|
| 19 March | ₹- | – | -% |
| 18 March | ₹- | – | -% |
| 17 March | ₹- | – | -% |
| 16 March | ₹- | – | -% |
This indicates that the IPO may list around its issue price without major gains or losses.
Novus Loyalty IPO Details
| Details | Information |
|---|---|
| IPO Open Date | March 17, 2026 |
| IPO Close Date | March 20, 2026 |
| Price Band | ₹139 – ₹146 per share |
| Issue Size | ₹60.15 Crores |
| Lot Size | 2,000 Shares |
| Listing Exchange | BSE SME |
| Listing Date | March 25, 2026 |
What is Grey Market Premium (GMP)?
Grey Market Premium (GMP) is the price at which Novus Loyalty IPO shares are traded unofficially before listing. It gives a rough idea of how the IPO might perform on listing day.
- Positive GMP → Expected listing gain
- Zero GMP → Neutral listing
- Negative GMP → Possible listing loss
Important Note for Investors
- GMP is not official and can change anytime
- It depends on market demand and sentiment
- Do not rely only on GMP before investing
- Always check company fundamentals and market conditions
Related Posts
