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IPO Grey Market Premium (GMP)

Track latest GMP, expected listing price, and subscription status for upcoming and live IPOs.

Last Updated: 2026-09-11

Disclaimer: GMP values change dynamically. This data is strictly for educational purposes only and not an investment advice.

1–10 of 33
Company Name TypeOpen / CloseIPO Size Issue Price Min. Investment GMP Est. Profit Est. Listing Subscription Lot Size Listing DateAnchor
Sonaselection India
Upcoming
Updated: 11-Sep 9:55
Mainboard17-Sep21-Sep₹141.57 Cr₹99₹14,850—₹0₹99—150 Shares24-Sep
NSE
Upcoming
Updated: 11-Sep 10:01
Mainboard17-Sep21-Sep₹22561.57 Cr₹1,785₹14,280
₹180 (10.08%)180 ↓ / 310 ↑
₹1,440₹1,965—8 Shares24-Sep
SS Retail
Upcoming
Updated: 11-Sep 9:55
Mainboard16-Sep18-Sep₹500.00 Cr₹424₹14,840
₹30 (7.08%)30 ↓ / 30 ↑
₹1,050₹454—35 Shares23-Sep
Jindal Supreme
Upcoming
Updated: 11-Sep 10:00
Mainboard16-Sep18-Sep₹124.88 Cr₹93₹14,973
₹19 (20.43%)11 ↓ / 19 ↑
₹3,059₹112—161 Shares23-Sep
Hero Motors
Upcoming
Updated: 11-Sep 9:55
Mainboard16-Sep18-Sep₹1000.00 Cr₹84₹14,952
₹8 (9.52%)8 ↓ / 8 ↑
₹1,424₹92—178 Shares23-Sep
Axiom Gas Engineering
Upcoming
Updated: 11-Sep 9:57
NSE SME18-Sep22-Sep₹49.81 Cr₹53₹1,06,000—₹0₹53—2,000 Shares25-Sep
SpectraA Technology Solutions
Upcoming
Updated: 2026-09-11
NSE SME17-Sep21-Sep₹42.52 Cr₹118₹1,41,600————1,200 Shares24-Sep
Kheria Autocomp
Upcoming
Updated: 11-Sep 9:57
NSE SME17-Sep21-Sep₹46.44 Cr₹101₹1,21,200—₹0₹101—1,200 Shares24-Sep
Vama Wovenfab
Upcoming
Updated: 11-Sep 9:58
BSE SME15-Sep17-Sep₹49.54 Cr₹341₹1,36,400—₹0₹341—400 Shares22-Sep
Shakti Polytarp
Upcoming
Updated: 11-Sep 9:55
BSE SME15-Sep17-Sep₹26.93 Cr₹59₹1,18,000—₹0₹59—2,000 Shares22-Sep

IPO GMP Today – Latest Grey Market Premium for Mainboard & SME IPOs

Check the latest IPO GMP today for active and upcoming Mainboard and SME IPOs. Compare current Grey Market Premium, issue price, estimated listing price, GMP percentage, subscription status and recent GMP trends. IPO GMP is an unofficial market indicator and does not guarantee listing gains.

What is IPO GMP?

IPO GMP, or Grey Market Premium, is the unofficial premium or discount at which an IPO share is reportedly traded before its stock exchange listing. A positive GMP may indicate stronger demand, while a negative GMP may indicate weaker market sentiment. The actual listing price can still differ from the GMP-based estimate.

How to Read the IPO GMP Table

Use the IPO GMP table to compare current grey market sentiment across active and upcoming IPOs.

  • Current GMP: The latest available premium or discount reported for an IPO.
  • GMP Percentage: Current GMP as a percentage of the upper issue price.
  • Estimated Listing Price: Upper issue price plus the current GMP.
  • Subscription Status: Overall IPO demand across investor categories.
  • GMP Trend: Indicates whether the premium is rising, falling or unchanged.
  • Last Updated: Shows when the IPO GMP value was most recently refreshed.

How to Use IPO GMP Before Applying

  1. Compare the current GMP with the IPO's upper issue price.
  2. Check whether the GMP trend is rising or falling.
  3. Review retail, NII and QIB subscription demand.
  4. Compare the IPO valuation and financial performance with listed peers.
  5. Read the official offer document and risk factors before applying.

IPO GMP, Kostak Rate and Subject to Sauda

GMP, Kostak Rate and Subject to Sauda are different indicators used in the unofficial IPO market.

  • IPO GMP: The reported premium or discount attached to an IPO share.
  • Kostak Rate: The reported price for selling an IPO application.
  • Subject to Sauda: A transaction that becomes payable only if shares are allotted.

How Estimated Listing Price is Calculated

StockeZee calculates an indicative listing price and gain percentage using the upper end of the IPO price band and the latest available GMP.

  1. Estimated Listing Price = Upper Issue Price + Current GMP
  2. Estimated Listing Gain % = Current GMP ÷ Upper Issue Price × 100
  3. Example: If the issue price is ₹200 and GMP is ₹40, the estimated listing price is ₹240 and the indicative gain is 20%.

Important Limitations of IPO GMP

  • IPO GMP is unofficial and may differ across market sources.
  • A positive GMP does not guarantee that an IPO will list at a premium.
  • GMP can change quickly because of subscription demand and market conditions.
  • SME IPO GMP may be more volatile because of lower liquidity.
  • Investment decisions should not be based only on IPO GMP.

Frequently Asked Questions

IPO GMP means Grey Market Premium. It is the unofficial premium or discount reportedly attached to an IPO share before its official listing on NSE or BSE.
The estimated listing price is calculated by adding the current GMP to the upper issue price. For example, an issue price of ₹200 and GMP of ₹40 indicate an estimated listing price of ₹240.
No. A positive GMP reflects unofficial market expectations and does not guarantee the actual listing price or listing gain.
A negative GMP means the unofficial market price is below the IPO issue price. It may indicate weak sentiment, but the IPO can still list at a different price.
IPO GMP may change because of subscription demand, company developments, institutional interest, broader market movement and unofficial market liquidity.
Mainboard IPOs list on the main NSE or BSE platforms, while SME IPOs list on NSE Emerge or BSE SME. SME IPO GMP can be more volatile because of smaller issue sizes and lower liquidity.
GMP is the reported premium attached to an IPO share, while Kostak Rate is the reported amount for selling an IPO application.
No. Also review the company's financials, valuation, subscription demand, issue objectives, risks and official offer documents before making an investment decision.

Track the latest Mainboard and SME IPO GMP, subscription status and estimated listing prices on StockeZee.