IPO Details
Company Name IPO GMP Trend (Day-wise)
| GMP Date | IPO Price | GMP | Subscription | Sub2 Sauda Rate | Estimated Listing Price | Estimated Profit* |
|---|---|---|---|---|---|---|
| 09-11-2025 | 100.00 |
₹4
|
17.6x | 500/7000 | ₹104 (4.00%) | ₹600 |
| 08-11-2025 | 100.00 |
₹4.2
|
17.6x | 500/7000 | ₹104.2 (4.20%) | ₹630 |
| 07-11-2025 | 100.00 |
₹5
Close
|
17.6x | 600/8400 | ₹105 (5.00%) | ₹750 |
| 06-11-2025 | 100.00 |
₹11
|
1.64x | 1300/18200 | ₹111 (11.00%) | ₹1650 |
* Estimated Profit per lot (Lot Size: 140 Shares). This is not a guaranteed return.
About IPO Grey Market (GMP)
IPO Grey Market Premium, or GMP, is the price at which shares of an IPO are traded in an unofficial, over-the-counter market (the 'grey market') before they are officially listed on the stock exchange. This market is unregulated and operates on the basis of trust.
The GMP reflects the demand for the IPO shares. A positive GMP (e.g., +₹11) suggests that the market expects the IPO to list at a price higher than its issue price. A negative GMP (e.g., -₹5) indicates a potential listing below the issue price. It is an important, though unofficial, indicator of listing day performance.
Frequently Asked Questions (FAQ)
The 'Sub2 Sauda' or 'Subject to Sauda' rate is another grey market instrument. It represents a premium paid for a full IPO application. For example, a rate of "1300/18200" means:
- A buyer is willing to pay ₹1300 in premium.
- The seller is selling their *application* for one lot, which cost ₹18,200 (e.g., 140 shares * ₹130 price).
- The deal is 'subject to' allotment. If the seller gets the IPO allotment, the buyer pays them ₹1300, and the seller transfers the allotted shares. If the seller does *not* get an allotment, the deal is cancelled, and no money is exchanged.
The estimated listing price is a simple calculation:
(IPO Issue Price) + (Current GMP) = Estimated Listing Price.
In our example: ₹100.00 + ₹11.00 = ₹111.00.
This is the estimated profit per lot.
(Current GMP) x (Lot Size) = Estimated Profit*.
In our example: ₹11.00 x 140 shares = ₹1540. (Note: The profit in the table may vary based on the exact Sauda rate, not just GMP).
GMP is a strong indicator of market sentiment and demand, but it is not guaranteed. The final listing price is influenced by many factors, including the final subscription numbers, anchor investor quality, and overall stock market conditions on the listing day. It should be used as one data point among many when making an investment decision.