The IPO GMP reflects interest from retail investors. We are tracking the Grey Market Premium for Spinaroo Commercial, Aten Papers, Infonative Solutions, Retaggio Industries, Desco Infratech, Grand Continent Hotels, Avanse Financial Services, Arisinfra Solutions, and Solar91 Cleantech.
IPO GMP Today With Estimated Listing Price
We keep it updated with the latest on upcoming and current IPO GMP. You’ll find info on latest IPO GMP (Grey Market Premiums), expected listing prices, and GMP trends.
| IPOs | IPO_GMP | Price | Est Listing | IPO_Date | Listing | Type |
|---|---|---|---|---|---|---|
| Spinaroo Commercial | ₹ – – | ₹51 | ₹ – – | 28-03 Apr | 08 Apr | BSE SME |
| Infonative Solutions | ₹2 | ₹79 | ₹83 | 28-03 Apr | 08 Apr | BSE SME |
| Aten Papers | ₹ – – | ₹96 | ₹ – – | 2025 | 2025 | BSE SME |
| Avanse Financial | ₹ – – | ₹ – | ₹ – | 2025 | Soon | Mainboard |
| Arisinfra Solutions | ₹ – – | ₹ – | ₹ – | 2025 | Soon | Mainboard |
| Solar91 Cleantech | ₹ – – | ₹195 | ₹ – – | 2025 | Soon | BSE SME |
Note for Investors: The IPO GMP prices displayed here are only based on gray market news. We do not trade in the gray market and do not suggest trading in the gray market.
What is the Grey Market?
The grey market refers to an unofficial trading platform where shares of companies about to go public are bought and sold before their official listing on the stock exchange. It operates outside the regulated market, allowing investors to speculate on the potential listing price of an IPO based on demand and supply dynamics. The Grey Market Premium (GMP) is a key indicator here, reflecting the difference between the grey market price and the IPO issue price. While it provides insights into market sentiment, it’s important to note that grey market transactions are not legally binding and carry higher risks due to their unregulated nature. Investors often use this space to gauge potential IPO performance, but it should be approached with caution.
What is GMP (Grey Market Premium)?
The GMP (Grey Market Premium) is the additional amount investors are willing to pay for a company’s shares in the grey market before its official listing. It reflects the difference between the grey market price and the IPO issue price, indicating market sentiment and demand.
How to Calculate Grey Market Premium
GMP is calculated based on:
- Issue Price: Official IPO price set by the company.
- Grey Market Trading Price: The unofficial buying/selling price in the grey market.
- GMP Formula:Listing Price Estimate = Issue Price + GMPExample: If an IPO is priced at ₹400 and the GMP is ₹100, the estimated listing price is ₹500.
Live & Upcoming IPO GMP
Live IPO GMP
Investors frequently check “IPO GMP Today” to assess market interest in real time. Live GMP reflects demand before a stock goes public but is highly volatile.
Upcoming IPO GMP
GMP for Upcoming IPOs helps investors evaluate market sentiment before an IPO officially opens for subscription.
Risks of Grey Market Trading
Since the IPO Grey Market is unregulated, trading here comes with risks:
- No legal framework: If a deal goes bad, investors have no recourse.
- Manipulation risk: Prices can be artificially inflated.
- Volatility: GMP can change drastically before listing.
How to Trade in the IPO Grey Market
- Find reliable traders through investor networks.
- Verify GMP rates before entering agreements.
- Trade on Kostak Rates or Subject to Sauda Rates based on IPO GMP.
Comparing GMP, Kostak, and Listing Price
| Metric | Definition | Key Influences |
|---|---|---|
| GMP | Unofficial premium over issue price | Demand & supply, investor sentiment |
| Kostak | Fixed premium per IPO application | Mutual agreement between buyer & seller |
| Listing Price | Official price on stock exchange | Market conditions, institutional demand |
Factors Affecting IPO GMP
- Company Fundamentals: Strong financials and reputation increase demand.
- Market Conditions: Bullish markets drive up GMP, while bearish trends lower it.
- Demand & Supply: Limited IPO shares with high demand push GMP higher.
Key Points to Remember About IPO GMP
Definition: The Grey Market Premium (GMP) is the extra amount investors are willing to pay for an IPO share in the unofficial grey market before its official listing.
Indicator of Demand: A positive GMP suggests strong investor interest and expectations of a higher listing price, while a negative GMP indicates weak demand and potential lower listing gains.
Speculative Nature: GMP is based on market sentiment and speculation, making it an unreliable predictor of actual IPO performance post-listing.
Unofficial Market: The grey market operates outside regulated exchanges, so transactions are not legally binding and carry higher risks.
Use with Caution: While GMP can provide insights, it should not be the sole factor in making investment decisions. Always rely on thorough research and analysis before investing in IPOs.
Pros and Cons of Investing in the IPO Grey Market
Advantages ✅
✔ Potential for high early profits. ✔ Early access to IPO shares. ✔ Ability to trade IPO applications before allotment.
Disadvantages ❌
✖ High risk due to lack of regulation. ✖ No legal protection for investors. ✖ Highly speculative and volatile pricing. ✖ Potential losses if the IPO lists below expectations.
Mainboard and SME IPOs GMP Archive 2025
| IPO Name | IPO Type | IPO Price | IPO GMP | Listing Price |
|---|---|---|---|---|
| Infonative Solutions | SME | ₹79.00 | ₹ – | -₹63.20 |
| Spinaroo Commercial | SME | ₹51 | ₹2 | ₹52.85 |
| Retaggio Industries | SME | ₹54 | ₹ – | ₹25.10 |
| Identixweb IPO | SME | ₹54 | ₹6 | ₹55 |
| ATC Energies | SME | ₹118 | ₹5 | -₹107 |
| Shri Ahimsa Naturals | SME | ₹119 | ₹14 | ₹140 |
| Desco Infratech | SME | ₹150 | ₹6 | ₹160 |
| Active Infrastructures | SME | ₹181 | ₹ – | ₹181 |
| Rapid Fleet | SME | ₹192 | ₹ – | ₹195 |
| Grand Continent Hotels | SME | ₹113 | ₹ – | -₹112.90 |
| Paradeep Parivahan | SME | ₹98 | ₹ – | -₹78.40 |
| Divine Hira Jewellers | SME | ₹90 | ₹4 | ₹90 |
| Super Iron Foundry | SME | ₹108 | ₹5 | –₹107.95 |
| PDP Shipping | SME | ₹135 | ₹ – | –₹108 |
| NAPS Global | SME | ₹90 | ₹ – | ₹108 |
| Balaji Phosphates | SME | ₹70 | ₹ – | ₹75 |
| Shreenath Paper | SME | ₹44 | ₹5 | –₹35 |
| Nukleus Office Solutions | SME | ₹234 | ₹ – | –₹187 |
| Beezaasan Explotech | SME | ₹175 | ₹1 | –₹146 |
| HP Telecom India | SME | ₹108 | ₹ – | ₹115 |
| Swasth Foodtech | SME | ₹94 | ₹ – | ₹94 |
| Quality Power | Mainboard | ₹425 | ₹5 | ₹432 |
| Hexaware Technologies | Mainboard | ₹708 | ₹- | ₹745 |
| Ajax Engineering | Mainboard | ₹629 | ₹5 | –₹576 |
| Dr. Agarwal’s Health Care | Mainboard | ₹402 | ₹- | ₹402 |
| Denta Water | Mainboard | ₹294 | ₹73 | ₹330 |
| Stallion India | Mainboard | ₹90 | ₹30 | ₹120 |
| Laxmi Dental | Mainboard | ₹428 | ₹135 | ₹542 |
| Quadrant Future Tek | Mainboard | ₹290 | ₹108 | ₹370 |
Conclusion
The IPO Grey Market presents both opportunities and risks for investors. While GMP provides valuable insights into market sentiment, it is speculative and highly volatile. If you’re considering investing in IPOs, rely on fundamental analysis rather than just GMP predictions. Remember, in the financial world, informed decisions lead to better returns!
IPO GMP and Grey Market Premium FAQs:
Can I trade IPO shares in the grey market legally?
No, grey market trading is unofficial and unregulated.
Why does GMP change frequently?
GMP is affected by market sentiment, IPO demand, and institutional investor interest.
Should I invest in an IPO based on GMP alone?
No, always analyze the company’s fundamentals before investing.
How do I check live GMP for an IPO?
You can check live GMP on financial news websites, IPO forums, and stock market analysis platforms. example – www.ipolook.com
Disclaimer: The facts contained herein are for general information only and are not a recommendation to invest in any IPO or any investment opportunity. Investors are requested to verify facts themselves and seek advice from a financial advisor before making any investment decision.
