Welcome to the daily IPO Grey Market Premium (GMP) tracker on WatchIPOGMP. Below are the latest updates on unofficial bid-ask quotes, Kostak rates, Subject to Sauda agreements, and expected listing returns for ongoing and recent mainboard and SME IPOs.
Live IPO GMP Rates Table (Updated Daily)
Note: Rates are market-sourced and compiled twice daily (Morning 10:30 AM & Evening 6:00 PM IST).
| IPO / SME Name | Issue Price | GMP (₹) | Est. Listing Price | Gain (%) | Lot Size | Profit / Lot |
|---|---|---|---|---|---|---|
| Swiggy Limited | ₹390 | ₹25 | ₹415 | +6.41% | 38 | ₹950 |
| NTPC Green Energy | ₹108 | ₹14 | ₹122 | +12.96% | 138 | ₹1,932 |
| ACME Solar Holdings | ₹289 | ₹0 | ₹289 | 0.00% | 51 | ₹0 |
| Sagility India | ₹30 | ₹1.50 | ₹31.50 | +5.00% | 500 | ₹750 |
How to Interpret Grey Market Terminology
1. Grey Market Premium (GMP)
The cash premium over the upper issue price that buyers are willing to pay per share prior to listing. If an issue price is ₹200 and the GMP is ₹50, the estimated listing price is ₹250.
Calculate Your Allotment Value
If you were allotted one or multiple lots and need the precise breakdown of your investment capital versus expected cash profit:
👉 Run the numbers on our live WatchIPOGMP Profit Calculator to test various issue prices, lot sizes, and retail quotas.
Factors That Impact GMP Fluctuations
- Subscription Rates: High oversubscription in the QIB category on Day 3 often causes sudden positive jumps in GMP.
- Broader Market Volatility: Sharp declines in the benchmark Nifty 50 or BSE Sensex can compress grey market premiums overnight.
- Anchor Book Quality: Participation by sovereign wealth funds or top-tier domestic mutual funds acts as a valuation stabilizer.
Frequently Asked Questions
Can GMP turn negative before listing?
Yes. Weak market conditions or high issue valuations can cause an IPO to trade at a discount in the grey market, pointing toward a possible discounted listing on the bourses.