Live GMPUpdated 17 Aug, 10:14 pm IST

IPO GMP Today

Live Grey Market Premium for all upcoming, open & recently listed IPOs — GMP price, expected listing price, kostak rate & trend.

35

Total

5

Open

8

Upcoming

27

+ve GMP

0

-ve GMP

Live GMP
Technocrats Plasma Systems+5.5(+4.2%)ENS Enterprises+1.41(+1.5%)Skytech Infinite Platform+0.92(+1.2%)Lalithaa Jewellery Mart Limited+0.73(+0.4%)Credent Connect N Care+152.79(+80.8%)Sham Foam+4(+3.1%)Fascinate Textiles0(0.0%)Milky Mist Dairy Food+30(+21.4%)Q&T Foods+1(+0.9%)Pramodini Medicare0(0.0%)Behari Lal Engineering+70(+24.6%)Shiprocket+36(+37.1%)Shankesh Jewellers Limited+3(+3.2%)Sunshine Pictures Limited+62(+17.2%)Gaja Alternative Asset Management+9.1(+5.7%)Skyways Air+30(+21.7%)Fine Refiners+6(+0.0%)Molbio Diagnostics+138(+17.1%)Optimystix Entertainment0(0.0%)Dhoot Transmission+258(+29.6%)LEAP India+8.5(+5.3%)Technocraft Ventures+30(+14.2%)Ardee Industries+15.5(+29.3%)MV Electrosystems+100(+23.5%)Juniper Green Energy+4.5(+2.0%)G.V. Electricals SME+26(+20.0%)Anawil Wire & Engineering SME+80(+29.6%)Aegeus Technologies SME+12(+11.4%)Fusion Klassroom Edutech0(0.0%)Dhaval Packaging+5(+5.2%)Poojaa Precision Engg.+160(+53.2%)Propshop Events & Exhibitions0(0.0%)Technocrats Plasma Systems+5.5(+4.2%)ENS Enterprises+1.41(+1.5%)Skytech Infinite Platform+0.92(+1.2%)Lalithaa Jewellery Mart Limited+0.73(+0.4%)Credent Connect N Care+152.79(+80.8%)Sham Foam+4(+3.1%)Fascinate Textiles0(0.0%)Milky Mist Dairy Food+30(+21.4%)Q&T Foods+1(+0.9%)Pramodini Medicare0(0.0%)Behari Lal Engineering+70(+24.6%)Shiprocket+36(+37.1%)Shankesh Jewellers Limited+3(+3.2%)Sunshine Pictures Limited+62(+17.2%)Gaja Alternative Asset Management+9.1(+5.7%)Skyways Air+30(+21.7%)Fine Refiners+6(+0.0%)Molbio Diagnostics+138(+17.1%)Optimystix Entertainment0(0.0%)Dhoot Transmission+258(+29.6%)LEAP India+8.5(+5.3%)Technocraft Ventures+30(+14.2%)Ardee Industries+15.5(+29.3%)MV Electrosystems+100(+23.5%)Juniper Green Energy+4.5(+2.0%)G.V. Electricals SME+26(+20.0%)Anawil Wire & Engineering SME+80(+29.6%)Aegeus Technologies SME+12(+11.4%)Fusion Klassroom Edutech0(0.0%)Dhaval Packaging+5(+5.2%)Poojaa Precision Engg.+160(+53.2%)Propshop Events & Exhibitions0(0.0%)
Currently Open(4)
Closing Today(1)
Allotted / Post-Close(7)
Upcoming(4)
Filed(4)
Recently Listed(15)
Molbio Diagnostics IPO

Molbio Diagnostics IPO

Mainboard · STS: Retail: ₹1800; Small HNI: ₹25200

Listed

GMP

+₹138

GMP %

+17.1%

Est. List

₹937

Kostak

Updated 8 Aug
GMP Details →
Optimystix Entertainment IPO

Optimystix Entertainment IPO

SME

Listed

GMP

+₹0

GMP %

Est. List

Kostak

Updated 3 Aug
GMP Details →
Dhoot Transmission IPO

Dhoot Transmission IPO

Mainboard · STS: Retail: ₹3,300 | Small HNI: ₹46,200

Listed

GMP

+₹258

GMP %

+29.6%

Est. List

₹1129

Kostak

Updated 12 Aug
GMP Details →
LEAP India IPO

LEAP India IPO

Mainboard · STS: Retail: ₹300, Small HNI: ₹4200

Listed

GMP

+₹8.5

GMP %

+5.3%

Est. List

₹163

Kostak

₹300

Updated 3 Aug
GMP Details →
Technocraft Ventures IPO

Technocraft Ventures IPO

Mainboard · STS: Retail: ₹900, Small HNI: ₹12600

Listed

GMP

+₹30

GMP %

+14.2%

Est. List

₹228

Kostak

₹900

Updated 3 Aug
GMP Details →
Ardee Industries IPO

Ardee Industries IPO

Mainboard

Listed

GMP

+₹15.5

GMP %

+29.3%

Est. List

Kostak

No GMP data
GMP Details →
MV Electrosystems IPO

MV Electrosystems IPO

Mainboard

Listed

GMP

+₹100

GMP %

+23.5%

Est. List

Kostak

No GMP data
GMP Details →
Juniper Green Energy IPO

Juniper Green Energy IPO

Mainboard

Listed

GMP

+₹4.5

GMP %

+2.0%

Est. List

Kostak

No GMP data
GMP Details →
G.V. Electricals SME IPO

G.V. Electricals SME IPO

SME

Listed

GMP

+₹26

GMP %

+20.0%

Est. List

Kostak

No GMP data
GMP Details →
Anawil Wire & Engineering SME IPO

Anawil Wire & Engineering SME IPO

SME

Listed

GMP

+₹80

GMP %

+29.6%

Est. List

Kostak

No GMP data
GMP Details →
Aegeus Technologies SME IPO

Aegeus Technologies SME IPO

SME

Listed

GMP

+₹12

GMP %

+11.4%

Est. List

Kostak

No GMP data
GMP Details →
Fusion Klassroom Edutech IPO

Fusion Klassroom Edutech IPO

SME

Listed

GMP

+₹0

GMP %

+0.0%

Est. List

₹159

Kostak

Updated 24 Jul
GMP Details →
Dhaval Packaging IPO

Dhaval Packaging IPO

SME

Listed

GMP

+₹5

GMP %

+5.2%

Est. List

₹97

Kostak

Updated 24 Jul
GMP Details →
Poojaa Precision Engg. IPO

Poojaa Precision Engg. IPO

SME

Listed

GMP

+₹160

GMP %

+53.2%

Est. List

₹496

Kostak

Updated 24 Jul
GMP Details →
Propshop Events & Exhibitions IPO

Propshop Events & Exhibitions IPO

SME

Listed

GMP

+₹0

GMP %

+0.0%

Est. List

₹69

Kostak

Updated 24 Jul
GMP Details →

Showing 35 IPOs

Understanding IPO GMP Terms

GMP
Grey Market Premium

Extra price above issue price at which shares trade in the unofficial grey market before listing.

Est. Listing
Expected Listing Price

Issue Price + GMP. The estimated price at which the share may list on the stock exchange.

Kostak
Kostak Rate

Fixed amount paid per IPO application, regardless of allotment. A risk-free grey market trade.

STS
Subject to Sauda

A conditional deal paid only if the applicant receives allotment. Higher potential, but dependent on allotment.

How to Use IPO GMP Data

1

Check GMP before applying

A consistently high and rising GMP (above 20%) signals strong grey market demand. Check the GMP trend column — a rising trend (↑) is more bullish than a one-day spike.

2

Compare GMP with fundamentals

GMP should be used alongside company financials, PE ratio, industry comparables, and subscription data. A high GMP with weak fundamentals can be misleading, especially for SME IPOs.

3

Watch GMP close to listing

GMP is most predictive in the 2–3 days before listing. A sudden drop in GMP just before listing often indicates selling pressure and a weaker listing. Monitor the GMP history on each IPO's detail page.

Frequently Asked Questions — IPO GMP

What is IPO GMP (Grey Market Premium)?

IPO GMP or Grey Market Premium is the unofficial price at which IPO shares are traded in the grey market before officially listing on BSE or NSE. A positive GMP means demand is strong and shares trade above the issue price. For example, if an IPO is priced at ₹150 and GMP is ₹50, grey market buyers pay ₹200 per share before listing.

How is the expected listing price calculated from GMP?

Expected Listing Price = Issue Price + Current GMP. If an IPO has an issue price of ₹200 and a GMP of ₹60, the expected listing price is ₹260, which represents a 30% premium over the issue price. This is a market estimate and actual listing prices may vary.

What is Kostak rate in IPO grey market?

Kostak rate is the fixed amount paid per IPO application in the grey market, irrespective of whether the applicant gets allotment. For example, if Kostak is ₹800, a buyer pays ₹800 to purchase the right to one IPO application. It's a way to lock in profit regardless of allotment outcome.

What does Subject to Sauda (STS) mean?

Subject to Sauda is a grey market deal where the payment only happens if the applicant receives IPO allotment. Unlike Kostak (which is always paid), STS is contingent on getting allotted shares. STS rates are typically higher than Kostak since the buyer takes on allotment risk.

Is IPO GMP reliable for predicting listing performance?

IPO GMP provides a sentiment indicator but is not always accurate. Studies show GMP correctly predicts listing direction about 60–70% of the time. GMP is more reliable for mainboard IPOs with high subscription and consistent GMP over multiple days. It is less reliable for SME IPOs or those with volatile GMP. Always combine GMP with fundamental analysis.

How often is GMP data updated on IPOup?

Our IPO GMP data is updated regularly throughout the day. The 'Last Updated' timestamp shown on each IPO's GMP page indicates when that specific IPO's GMP was last recorded. Individual IPO GMP pages also show a full 30-day history.

IPO GMP Today – Live Grey Market Premium India 2026

IPOup tracks live IPO GMP (Grey Market Premium) for all active, upcoming, and recently listed IPOs in India. Our GMP data is updated every hour and covers both Mainboard IPOs and SME IPOs listed on BSE and NSE.

The Grey Market Premium is the most-watched unofficial indicator for IPO performance. A high and rising GMP generally signals strong investor demand and an expected listing above issue price. Our dashboard shows the current GMP (₹), GMP percentage, estimated listing price, kostak rate, and subject to sauda (STS) value for every active IPO.

What data does this IPO GMP page show?

  • GMP (₹): Current grey market premium in rupees above/below issue price
  • GMP %: Premium as a percentage of the issue price
  • Expected Listing Price: Issue Price + GMP — estimated exchange listing price
  • Kostak Rate: Per-application grey market price regardless of allotment
  • Subject to Sauda (STS): Conditional per-application rate (paid only on allotment)
  • GMP Trend: Whether GMP has been rising ↑, falling ↓, or stable → recently
  • Last Updated: When GMP data was last refreshed for each IPO

Disclaimer: IPO GMP data is sourced from the unofficial grey market and is for informational purposes only. GMP is not a guaranteed predictor of listing performance. IPOup does not recommend participation in grey market trading. Investors should conduct their own due diligence and consult a financial advisor before making investment decisions.