The IPO GMP today indicates huge interest of retail investors. Here we are reporting the GMP of all upcoming and current SME and Mainboard IPOs. IPO Grey Market Premium is trending for Divine Hira Jewellers, Paradeep Parivahan, Super Iron Foundry, PDP Shipping, Avanse Financial Services, Arisinfra Solutions, Solar91 Cleantech.
IPO GMP Today With Estimated Listing Price
| IPOs | IPO_GMP | Price | Est Listing | IPO_Date | Listing | Type |
|---|---|---|---|---|---|---|
| Divine Hira Jewellers | ₹ – – | ₹90 | ₹90 | 17-19 Mar | 24 Mar | NSE SME |
| Paradeep Parivahan | ₹ – – | ₹98 | ₹98 | 17-19 Mar | 24 Mar | BSE SME |
| Super Iron Foundry | ₹ 18 | ₹108 | ₹126 | 11-13 Mar | 19 Mar | BSE SME |
| PDP Shipping | ₹ – – | ₹135 | ₹135 | 10-12 Mar | 18 Mar | BSE SME |
| Avanse Financial | ₹ – – | ₹ – | ₹ – | 2025 | Soon | Mainboard |
| Arisinfra Solutions | ₹ – – | ₹ – | ₹ – | 2025 | Soon | Mainboard |
| Solar91 Cleantech | ₹ – – | ₹195 | ₹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.
Grey Market and GMP Explained?
Understand Grey Market and GMP in simple terms.
What is the Grey Market?
The grey market is an unorganized or over-the-counter (OTC) market where IPO shares are traded before their official listing on the stock exchange. These trades take place between investors based on speculation about the potential listing price of the stock. Since the grey market is not regulated by stock exchanges or SEBI (in India), transactions are done privately and carry higher risks.
What is GMP (Grey Market Premium)?
GMP (Grey Market Premium) is the price to which the IPO shares are being traded in the grey market before even their listing. It is the price at which investors are willing to pay over the IPO issue price.
Example:
- If an IPO is priced at ₹100 per share, and the GMP is ₹50, it means that grey market buyers are willing to buy the stock at ₹150 (₹100 + ₹50 GMP).
- A positive GMP is a good sign of strong demand and expectation of a higher listing price.
- A Negative GMP reflects weak demand and expectation of a lower listing price.
- GMP gives an idea of the market sentiment, but it is not always accurate or reliable for predicting actual listing prices.
Key Points to Remember About IPO GMP
Indicative, Not Guaranteed – IPO GMP is speculative in nature and not a guarantee of the actual listing price.
Market Demand & Supply – Strong GMP reflects strong demand for the IPO, while negative or low GMP reflects low demand for the IPO.
Unofficial & Unregulated – Grey market operations outside official stock exchange and regulatory environments mean it is high-risk.
Fluctuations & Volatility – IPO GMP tends to fluctuate daily based on investor sentiment, global cues, and market factors.
Listing Day Impact – Strong GMP does not always reflect a strong listing gain; it is subject to overall market directions and company fundamentals.
Not a Sole Investment Factor – Exclusive investment decision-making using GMP for IPO investment decisions is risky; always consider analyzing the company’s financials and future growth potential.
Grey market premium is good or bad?
Grey Market is helpful if it is used in the right way. It is among the predictors of IPO listing price. Grey Market can be used as a good hedging tool and not for wagering. GMP is demand and supply- and sentiment-based IPO shares and gives a fair idea of IPO listing.
While the GMP is not always correct, investors should definitely pay attention to it because it can give them a helping hand when deciding on their investment choices and how an IPO performs when it comes out.
You can view the IPO GMP live data or IPO GMP performance tracker on Chittorgarh.com under the GMP tab for all the IPOs.
Significance of IPO GMP
The IPO Grey Market Premium indicates how the market is viewed by individuals and what the future worth of the IPO shares will be. It informs prospective purchasers how much demand there is and how much extra cash they will need to spend if they wish to purchase shares in the IPO. Nevertheless, it should be understood that the GMP does not decide how well the shares will do in the future and can alter.
IPO Grey Market Premium Archive 2025
| IPO Name | IPO Price | IPO GMP | Listing Price |
|---|---|---|---|
| NAPS Global | ₹90 | ₹ – | ₹108 |
| Balaji Phosphates | ₹70 | ₹ – | ₹75 |
| Shreenath Paper | ₹44 | ₹5 | ₹35 |
| Nukleus Office Solutions | ₹234 | ₹ – | ₹187 |
| Beezaasan Explotech | ₹175 | ₹1 | ₹146 |
| HP Telecom India | ₹108 | ₹ – | ₹115 |
| Swasth Foodtech | ₹94 | ₹ – | ₹94 |
| Quality Power | ₹425 | ₹5 | ₹432 |
| Hexaware Technologies | ₹708 | ₹- | ₹745 |
| Ajax Engineering | ₹629 | ₹5 | ₹576 |
| Dr. Agarwal’s Health Care | ₹402 | ₹- | ₹402 |
| Denta Water | ₹294 | ₹75 | ₹330 |
| Stallion India | ₹90 | ₹30 | ₹120 |
| Laxmi Dental | ₹428 | ₹145 | ₹542 |
| Quadrant Future Tek | ₹290 | ₹110 | ₹370 |
IPO GMP and Grey Market Premium FAQs:
What is IPO GMP (Grey Market Premium) ?
The GMP is an unofficial market where IPO shares are traded before their official listing on the stock exchange. It reflects the premium or discount at which these shares are being traded compared to the IPO issue price.
How is the IPO GMP calculated?
IPO grey market premium is the way buyers and sellers deal with each other in an off-market venue. It depends on the performance of the firm, grey market demand, and the likelihood of receiving subscriptions. For example, if the issue price of an IPO is Rs 100 and the demand for the IPO is very high, the GMP could be set at Rs. 120, which means that investors are willing to buy the shares of the IPO for Rs 220.
What are the risks associated with trading in the GMP market?
Trading in the GMP market is risky due to lack of regulation, counterparty default, price volatility, misinformation, no guaranteed listing gains, and liquidity issues.
Disclaimer: The facts contained herein are for general information only and are not a recommendation to invest in any IPO or any investment opportunity. We take all reasonable care to ensure facts are accurate, but the information is based on publicly available information, research, and credible sources. Investors are requested to verify facts themselves and seek advice from a financial advisor before making any investment decision.
