Unofficial Market Estimates • IPO GMP

Live IPO GMP Today

View periodically refreshed third-party IPO GMP (Grey Market Premium) estimates for Mainboard and SME IPOs in India. These unofficial figures are not listing-price or return forecasts.

Periodically refreshed market estimates

Unofficial GMP Estimates

Upcoming IPOs

Closed IPOs

Open IPOs

Include SME

Showing 6 IPOs

IPO Details	Status	Price Band	Lot Size	GMP Today	GMP × Lot Estimate	Bidding Period
H HGS (India) SME	Closed	₹120	1200 Shares	+₹40 (33.33%)	+₹48,000	30 Octto3 Nov
J Johnsoncab Electricals SME	Closed	₹200	600 Shares	+₹8 (4.00%)	+₹4,800	30 Octto3 Nov
M Maxwell Engineering Solutions SME	Closed	₹158	800 Shares	+₹111 (70.25%)	+₹88,800	30 Octto3 Nov
V Vectras Enprocon SME	Closed	₹105	1200 Shares	₹0 (0%)	-	30 Octto3 Nov
V Vedant Poly Fabs SME	Closed	₹94	1200 Shares	+₹1 (1.06%)	+₹1,200	2 Novto4 Nov
A Antala Industries SME	Open	₹66	2000 Shares	₹0 (0%)	-	29 Octto5 Nov

Third-party estimates • Periodically refreshed

Showing 6 of 25 IPOs

HGS (India)

SME IPO

Closed

GMP Today+₹40 (33.33%)

GMP-Implied Price₹160

Price Band₹120

GMP × Lot Est.+₹48,000

Lot Size1,200 Shares

30 Oct – 3 Nov

Details

Johnsoncab Electricals

SME IPO

Closed

GMP Today+₹8 (4.00%)

GMP-Implied Price₹208

Price Band₹200

GMP × Lot Est.+₹4,800

Lot Size600 Shares

30 Oct – 3 Nov

Details

Maxwell Engineering Solutions

SME IPO

Closed

GMP Today+₹111 (70.25%)

GMP-Implied Price₹269

Price Band₹158

GMP × Lot Est.+₹88,800

Lot Size800 Shares

30 Oct – 3 Nov

Details

Vectras Enprocon

SME IPO

Closed

GMP Today₹0 (0%)

GMP-Implied Price—

Price Band₹105

GMP × Lot Est.—

Lot Size1,200 Shares

30 Oct – 3 Nov

Details

Vedant Poly Fabs

SME IPO

Closed

GMP Today+₹1 (1.06%)

GMP-Implied Price₹95

Price Band₹94

GMP × Lot Est.+₹1,200

Lot Size1,200 Shares

2 Nov – 4 Nov

Details

Antala Industries

SME IPO

Open

GMP Today₹0 (0%)

GMP-Implied Price—

Price Band₹66

GMP × Lot Est.—

Lot Size2,000 Shares

29 Oct – 5 Nov

Details

Understanding IPO Grey Market Premium (GMP)

Essential guide on how Grey Market Premium works and its significance for IPO investors.

Why do reported GMP estimates change?

Third-party sources may update estimates as their available information changes. Sources can use different methods, and their inputs may not be public or independently verifiable.

Is IPO GMP official exchange data?

No. The GMP values shown here are third-party estimates, not prices published by an exchange or an IPO registrar. This website displays estimates and does not facilitate grey-market transactions. Verify issue information with the issuer, registrar, or exchange.

Standard Formula for GMP Calculation

Illustrative GMP-implied price = Issue Price + reported GMP

GMP % = (GMP ÷ Issue Price) × 100

These calculations are illustrative only. GMP does not predict the actual listing price or return.

What Factors Drive the GMP?

Primary drivers include QIB & NII subscription multiples, business valuation vs peers, promoter track record, and macro market liquidity.

Frequently Asked Questions