IPO GMP Today gives you live Grey Market Premium (GMP) for ongoing and upcoming IPOs, so you can quickly gauge listing sentiment before the bell. Check today's GMP, price band, lot size, subscription (QIB/NII/Retail), expected listing price, and post-listing returns. We also cover SME IPO GMP, recent listings on NSE & BSE, and a rolling calendar of IPOs this week and this month. Bookmark this page for fast, data-driven decisions.

What is IPO GMP?

Grey Market Premium (GMP) is the unofficial price at which IPO shares are traded off-exchange before listing. A positive GMP suggests potential listing gains; a negative GMP signals weak demand. Use it only as a sentiment indicator, not as investment advice.

Related Grey Market Terms

• Kostak Rate: Unofficial price for selling an IPO application.
• Subject-to-Sauda (STS): Deal valid only if allotment happens.

How We Estimate Expected Listing Price

Expected Listing Price ≈ Upper Price Band + GMP (or issue price + GMP for fixed-price issues). We refresh multiple times daily during the book-build and pre-listing window.

How to Use GMP (Without the Traps)

• Pair with fundamentals: revenue growth, margins, leverage, valuation vs. peers.
• Watch subscription quality: QIB vs. NII vs. Retail on Day 2–3.
• Check anchor book: strong, long-only anchors can stabilize listing.
• Size & float matter: smaller floats can exaggerate GMP moves.
• SME vs. Mainboard: SME GMPs can be more volatile—size positions accordingly.

Upcoming IPOs & GMP

See our live upcoming IPO list with tentative dates, price bands, lot size, and GMP today. Filters: mainboard, SME, tech, financials, and more.

Today's Listings

Track IPO listing today with opening price, day-high/low, and listing gains. We also summarize recent IPOs and most-recent SME listings with one-week and one-month returns.

Pre-IPO & Unlisted Shares

Curious about pre-IPO investing? Explore pre-IPO shares, typical lock-ins, risks, and valuation checks. Remember: liquidity is lower and disclosures may be limited.

Disclaimers

• GMP is unofficial: It reflects sentiment, not an exchange-verified price.
• Not investment advice: Do your own research and consider risk tolerance.
• Volatility warning: GMP can change rapidly near listing.

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FAQs: IPO GMP & Listings

What is IPO GMP and why does it move?

GMP is an off-market premium driven by demand, float, subscription quality, and overall market risk-on/risk-off sentiment.

Is a high GMP a guarantee of listing gains?

No. It's a sentiment snapshot, not a guarantee. Anchor quality, market conditions, and final pricing still matter.

What are Kostak and Subject-to-Sauda?

Kostak is the price for an application; STS is a conditional deal valid only on allotment.

How often do you update GMP?

Multiple times per day during the issue and pre-listing window; daily thereafter.

Do SME IPOs behave differently?

Typically more volatile with lower float and liquidity. Position sizing and risk control are essential.