IPO GMP Today: Grey Market Premium & Upcoming IPOs

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IPO GMP tracker · Unofficial market data

IPO GMP Today: Grey Market Premium & Upcoming IPOs

Compare reported IPO grey market premiums (GMP), issue prices, opening and closing dates, and indicative listing gains for Indian mainboard and SME IPOs. Search and filter the tracker below; GMP is unofficial and does not guarantee a listing return.

IPO GMP Today — Quick Comparison

See IPO name, reported GMP, GMP percentage and status at a glance. The detailed page contains issue prices, dates and other available columns.

Homepage GMP snapshot: 5 November 2026, 10:45 PM IST · Source: IPO Saathi (unofficial quotes)

IPO NameTypeStatusOpen DateClose DatePrice BandLot SizeListing DateGMP (Indicative / Stale)Observation TimeSource URLVerification Notes
Antala IndustriesSMEClosed; allotment expected 6 Nov29 Oct 202605 Nov 2026₹63–₹67 (sources disagree)200011 Nov 2026Unavailable — conflicting sources2026-11-05 18:00 ISThttps://www.gmpipowatch.in/Price band conflicts with another tracker; verify official issue notice before import
Vedant Poly FabsSMEClosed; listing pending02 Nov 202604 Nov 2026₹88–₹94120009 Nov 2026₹1 indicative (stale)2026-11-05 18:00 ISThttps://www.gmpipowatch.in/Another source reports ₹10; do not treat as a verified change
HGS (India)SMEListing scheduled 6 Nov30 Oct 202603 Nov 2026₹114–₹120120006 Nov 2026₹25 indicative (stale)2026-11-05 18:00 ISThttps://www.gmpipowatch.in/Listing outcome not verified
Johnsoncab ElectricalsSMEListing scheduled 6 Nov30 Oct 202603 Nov 2026₹190–₹20060006 Nov 2026₹8 indicative (stale)2026-11-05 18:00 ISThttps://www.gmpipowatch.in/Listing outcome not verified
Maxwell Engineering SolutionsSMEListing scheduled 6 Nov30 Oct 202603 Nov 2026₹150–₹15880006 Nov 2026₹113 indicative (stale)2026-11-05 18:00 ISThttps://www.gmpipowatch.in/Other tracker reports ₹80 or ₹105; do not present as current
Vectras EnproconSMEListing scheduled 6 Nov30 Oct 202603 Nov 2026₹99–₹105120006 Nov 2026₹0 reported (stale)2026-11-05 18:00 ISThttps://www.gmpipowatch.in/₹0 is source-reported, not inferred
Mahanadi CoalfieldsMainboardSEBI approval reported; dates unannouncedUnavailable2026-11-05https://www.reuters.com/business/energy/indias-markets-regulator-approves-coal-india-unit-mahanadi-coalfields-ipo-2026-11-05/Regulatory milestone only; not a live issue
RazorpayMainboardSEBI approval reported; dates unannouncedUnavailable2026-11-04https://timesofindia.indiatimes.com/business/india-business/razorpay-gets-sebi-nod-for-6k-cr-ipo/articleshow/135513477.cmsRegulatory milestone only; verify official filing

No IPOs match this filter right now.

View Full IPO GMP Table →

Data note: The six featured IPO cards use a dated third-party quote snapshot; the full TablePress dataset is maintained separately and may differ until its next import. Displayed GMP is unofficial, not an NSE/BSE trading price. For binding dates and issue details, check the issuer prospectus and NSE issue information or BSE public issues.

What is IPO GMP (grey market premium)?

IPO GMP, short for grey market premium, is the unofficial price investors are willing to pay above an IPO’s issue price before the shares list on the stock exchange. If an IPO is priced at ₹100 and its GMP is ₹25, grey market buyers expect it to list around ₹125, a premium of 25%.

People search for “IPO watch GMP” or “IPO watch grey market premium” to see this number quickly. This page gives you the same live view for the latest IPOs, including upcoming IPO GMP, so you can compare issues side by side before you apply.

Positive GMP

Buyers expect a listing above the issue price. Higher GMP usually means stronger demand, but it can fall before listing day.

Zero GMP

The grey market expects the IPO to list close to its issue price. Little premium is being offered.

Negative GMP

Buyers expect a listing below the issue price. This is a warning sign, though it can also recover.

How to calculate estimated listing price and gain per lot

Estimated listing price = upper band issue price + GMP

GMP % = GMP ÷ issue price × 100

Gain per lot = GMP × lot size

Example: issue price ₹100, GMP ₹20, lot size 150 shares. Estimated listing price is ₹120, GMP is 20%, and the estimated gain per lot is ₹3,000 before charges and tax.

How to use the live IPO GMP list

  1. Pick the filter you need: open now, upcoming, closed or listed.
  2. Compare GMP % across IPOs instead of looking at rupee GMP alone, since issue prices differ.
  3. Check the close date so you apply before the issue ends, and the listing date to plan your exit.
  4. Read the offer document and look at subscription status before you decide.

Subscription status and allotment status

Subscription status shows how many times an IPO has been bid for against the shares on offer. After the issue closes, the registrar publishes the allotment. Search by your PAN, application number or DP ID and client ID to see whether shares were allotted to you. Allotted shares are credited before the listing date.

SME IPO GMP vs mainboard IPO GMP

Mainboard IPOs list on the main boards of NSE and BSE and are open to retail applicants at a lower lot value. SME IPOs list on NSE Emerge or the BSE SME platform. Their lot sizes are larger, so the minimum investment is higher, and their GMP can swing sharply in a day. Both types are in the table above, marked by the filter and the IPO name.

Why do trackers show different GMP for the same IPO? The grey market has no exchange and no official rate. Each site collects quotes from different dealers at different times, so a small gap between two websites is normal.

Disclaimer: GMP figures on Watch IPO GMP (watchipogmp.in) are unofficial, collected from market sources and shown for information only. They are not investment advice or a recommendation to apply. IPO investing carries risk, including loss of capital. Read the offer document and speak to a registered advisor before you invest.

What to check before you apply for an IPO

GMP is only one signal. Before you apply, go through this list for every IPO you are considering.

The company

Read what it sells, who its customers are, and whether profit and debt are improving. The offer document has all of this.

The price

Compare the price band with listed peers in the same business. A high GMP on an expensive issue can still disappoint.

The demand

Watch subscription in the retail, NII and QIB categories. Strong QIB demand on the last day is a healthier sign than retail alone.

The use of funds

Find out whether the money raised goes to growth, or mostly to existing shareholders selling through an offer for sale.

How to use our IPO GMP data responsibly

Official information: IPO opening dates, issue prices, lot sizes and prospectuses should be cross-checked against the issuer, exchanges and registrar. Grey market information: GMP quotes are unofficial and may differ between market observers; they are not exchange-published prices. Estimates: GMP percentage and projected gain are calculations, not forecasts or guaranteed returns.

When a GMP quote cannot be verified or is stale, it should be clearly marked unavailable rather than presented as a live price. We do not recommend applying based on GMP alone.

About Watch IPO GMP

Watch IPO GMP is an independent website that follows IPO grey market premium in India. The homepage reads its IPO entries from a separately maintained data table, allowing data changes without rebuilding the page. GMP quotes are unofficial observations; any estimated listing price or gain is a mathematical illustration based on the entered issue price, lot size and premium.

Watch IPO GMP does not sell IPO tips, run an investment service, or take payments to promote an issue. Use the numbers to compare IPOs, then make your own decision after reading the official documents.

IPO GMP questions answered

What is Watch IPO GMP?

Watch IPO GMP (watchipogmp.in) is a free website that lists the grey market premium, open date, close date, listing date, subscription and estimated listing price of current and upcoming IPOs in India.

How often is GMP updated?

Updates depend on the availability and verification of reported grey market quotes. Check the latest data timestamp and source where supplied; a displayed GMP is not a real-time exchange price.

What is IPO GMP?

GMP stands for grey market premium. It is the unofficial extra amount, over the issue price, that buyers are paying for IPO shares before they list. A GMP of ₹20 on a ₹100 issue means grey market buyers expect the shares to list near ₹120.

How do I check IPO GMP today?

Open the live table at the top of this page. It lists every open and upcoming IPO with its latest GMP, estimated listing price, open date, close date and listing date.

How is the estimated listing price calculated?

Estimated listing price = upper band issue price + GMP. GMP percentage = GMP divided by issue price, multiplied by 100.

Is GMP accurate?

No. GMP is unofficial and can change within hours. It reflects grey market sentiment, not a promise of the listing price. Many IPOs have listed far above or below their GMP.

Why do different websites show different GMP for the same IPO?

The grey market has no single exchange or price. Each tracker collects quotes from different dealers at different times, so small differences are normal.

What is the difference between mainboard and SME IPO GMP?

Mainboard IPOs list on the main NSE and BSE boards and have large lot values. SME IPOs list on the NSE Emerge or BSE SME platforms, usually have a much larger lot size, and their GMP can swing more sharply.

Can GMP be negative?

Yes. A negative GMP means grey market buyers expect a listing below the issue price.

Where do I check IPO allotment status?

Allotment status is published by the IPO registrar and by the stock exchanges after the issue closes. You need your PAN, application number or DP ID and client ID.

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