IPO GMP Today, Live IPO Grey Market Premium Price

IPO GMP, also known as the Grey Market Premium, is an unofficial indicator used by investors to understand the possible listing sentiment of an upcoming or current Initial Public Offering (IPO). GMP represents the premium at which IPO shares are reportedly traded in the unofficial grey market before their official stock-market listing.

The IPO GMP can change frequently depending on investor demand, subscription trends, market sentiment, and broader market conditions. Investors should remember that GMP is not an official or guaranteed indication of the actual IPO listing price.

Live IPO GMP with Estimated Listing Gain

IPO GMP can move significantly during the subscription period. A change in subscription demand, market conditions or investor sentiment can quickly affect the premium quoted in the grey market.

The table below provides the latest available Mainboard IPO GMP information. GMP figures are unofficial and can change during the day.

Mainboard IPO GMP

*GMP figures are unofficial grey-market indications and may change without notice.

Mainboard IPO Allotment

Investors can use the following table to track the allotment dates and registrar information for recent and ongoing Mainboard IPOs.

What is IPO GMP?

IPO GMP stands for Initial Public Offering Grey Market Premium. It refers to the premium at which IPO shares are informally traded before they are officially listed on a recognised stock exchange.

For example, if an IPO has an issue price of ₹100 and its GMP is ₹20, the estimated listing price based on the GMP would be around ₹120.

Estimated Listing Price = IPO Issue Price + IPO GMP

However, the actual listing price can be different from this estimate because GMP is based on unofficial market activity and can change before listing.

How is IPO GMP Calculated?

The estimated listing price is generally calculated by adding the current GMP to the IPO’s upper price-band price.

Estimated Listing Price = Upper Price Band + Current GMP

For example:

• IPO Price: ₹200
• Current GMP: ₹30
• Estimated Listing Price: ₹230
• Estimated Gain: 15%

The estimated gain percentage can be calculated as:

Estimated Gain (%) = (GMP ÷ IPO Price) × 100

This calculation only provides an indication based on the reported GMP. It does not represent a guaranteed listing return.

Understanding the GMP Table

The IPO GMP Today table contains several important columns.

IPO GMP

This is the latest reported premium in the grey market. For example, if an IPO with a ₹424 upper price band has a GMP of ₹137, the indicative listing price would be ₹561 based on that GMP.

Trend

The trend indicates the recent direction of the reported GMP:

• 🟢 indicates an upward trend
• 🟡 indicates a relatively stable or neutral trend
• 🔴 indicates a downward trend

The trend is not a prediction of the actual listing performance.

Estimated Listing Price

This figure is calculated by adding the reported GMP to the relevant IPO price.

Status

The status indicates whether the IPO is upcoming, currently open or already closed.

Last Updated

Because GMP can change rapidly, the update time is important when interpreting the information. The current table was updated at 18 September 2026, 07:20 according to the referenced data.

Factors Affecting IPO GMP

Several factors can influence the Grey Market Premium of an IPO:

• IPO subscription demand
• Retail investor participation
• Qualified Institutional Buyer (QIB) demand
• Non-institutional investor demand
• Overall stock-market sentiment
• Company financial performance
• IPO valuation
• Industry outlook
• Expected listing demand
• Broader market conditions

GMP may therefore move even when there is no change in the IPO’s fundamentals.

IPO GMP and Subscription Demand

Subscription data and GMP are often discussed together during an IPO.

For example, the SS Retail IPO had reached 6.10x overall subscription by the end of Day 2, with NII subscription at 10.43x and retail subscription at 7.97x, according to IPO Watch data.

Hero Motors, meanwhile, had reached 3.58x overall subscription by Day 2, with NII at 4.14x and retail at 5.34x.

These figures show why investors often watch both subscription levels and GMP during the issue period. However, neither metric alone determines the eventual listing price.

Is IPO GMP Reliable?

IPO GMP should be treated only as an unofficial market indicator.

Grey-market transactions are outside the formal stock-exchange trading mechanism, and GMP figures are not official exchange prices. They can also differ between sources and may change considerably within a short period.

A high GMP does not guarantee a high listing price or future returns. Similarly, a low or zero GMP does not automatically mean that an IPO will have a weak listing.

Investors should consider GMP alongside:

• Company financial performance
• Business model
• IPO valuation
• Revenue and profit growth
• Debt levels
• Industry outlook
• Subscription data
• Risk factors
• Official IPO documents

IPO GMP Today – Important Note

IPO GMP values can change rapidly and may differ between sources. The figures shown on this page are intended for informational purposes only.

The GMP table should therefore be read with the Last Updated time in mind. A figure reported at 7:20 AM may change later in the day as market sentiment and unofficial trading activity change.

The official IPO price, allotment and stock-market listing are determined through the formal IPO and exchange processes, not through the grey market.

Investors should verify the latest IPO details, subscription data and official announcements before making any investment decision.

Conclusion

IPO GMP Today is a commonly searched indicator during the IPO season because it provides an unofficial view of grey-market sentiment before an IPO lists on the stock exchanges.

The latest Mainboard table includes upcoming issues such as A-One Steels, Elevate Campuses, ArMee Infotech and Varmora Granito, along with currently open IPOs such as Sonaselection India, NSE, Hero Motors, SS Retail and Jindal Supreme.

As of the latest update on 18 September 2026 at 07:20, SS Retail had a reported GMP of ₹137 against a ₹424 price band, while Hero Motors had a reported GMP of ₹6 against an ₹84 price band. Jindal Supreme had a reported GMP of ₹30 against a ₹93 price band.

These figures should be treated as unofficial indications rather than assured listing prices. GMP can change quickly, and the actual listing price may be higher or lower than the estimated price shown in the table.

Investors should use IPO GMP as only one part of their IPO research and should also examine the company’s financials, valuation, business model, subscription demand, risks and official IPO documents before making an investment decision.

Disclaimer: IPO Grey Market Premium data is unofficial and should not be considered investment advice. GMP is an estimate and actual IPO listing prices may vary significantly. Investors should conduct their own research or consult a qualified financial professional before investing.