Grey market premium

Latest GMP for IPOs that haven't listed yet, sorted by implied gain. GMP is unofficial and changes daily; treat it as a sentiment gauge, not a forecast.

Grey market premium for unlisted IPOs
CompanyStatusPrice bandGMPImplied listingImplied gainTrendListing
Tonbo Imaging IndiaMainboardAllotment out₹665–700+₹515₹1,215+73.6%23 Oct
HD Fire ProtectMainboardLists today₹258–271+₹71₹342+26.2%21 Oct
Jio PlatformsMainboardOpen₹1,065–1,119+₹273₹1,392+24.4%28 Oct
Bonfiglioli TransmissionsMainboardAllotment out₹558–586+₹137₹723+23.4%23 Oct
BLS PolymersMainboardUpcoming₹142–150+₹30₹180+20.0%3 Nov
Shellz IndiaSMEAllotment out₹170–179+₹35₹214+19.6%23 Oct
Paras HealthcareMainboardOpen₹660–693+₹50₹743+7.2%28 Oct
Sahajanand Medical TechnologiesMainboardAllotment out₹327–344+₹24₹368+7.0%23 Oct
Fusion CXMainboardAllotment out₹275–289+₹20₹309+6.9%22 Oct
Vaibhav VyapaarSMELists today₹51–54+₹3₹57+5.6%21 Oct
Ravita Engineering ServicesSMEAllotment out₹105–112+₹2₹114+1.8%22 Oct
Zetwerk Manufacturing BusinessesMainboardAllotment out₹143–151+₹2₹153+1.3%23 Oct

How to read GMP

The grey market premium is the extra amount some traders are willing to pay, per share, for an IPO allotment before the stock lists. A GMP of ₹30 on a ₹240 issue implies a listing price near ₹270, a gain of about 12.5%.

It is unregulated and thinly traded, so it can be pushed around and often swings sharply in the last two days before listing. Our listing history compares the final GMP with what actually happened.

Compare GMP with actual listing gains