IPO GMP Today
Live Grey Market Premium for all upcoming, open & recently listed IPOs — GMP price, expected listing price, kostak rate & trend.
13
Total
2
Open
6
Upcoming
10
+ve GMP
1
-ve GMP
| # | Company | Status | Issue Price | GMP (₹)Grey Mkt Premium | GMP %vs Issue Price | Est. ListingPrice + GMP | KostakPer application | Trend | Listing Date | Updated |
|---|---|---|---|---|---|---|---|---|---|---|
Currently Open— Subscription open — GMP reflects live demand2 IPOs | ||||||||||
| 1 |  NFP Sampoorna Foods IPO SME · NSE | Open | ₹52–₹55 | +₹8 | +14.55% | — | — | 25 May 26 | — | |
| 2 |  Teamtech Formwork Solutions IPO SME · NSE | Open | ₹61–₹63 | +₹1 | +1.59% | ₹64 +1.6% | — | 26 May 26 | 14 May | |
Upcoming— Not yet open — pre-IPO grey market activity6 IPOs | ||||||||||
| 3 |  Vegorama Punjabi Angithi IPO SME · BSE | Upcoming | ₹73–₹77 | +₹15 | +19.48% | ₹92 +19.5% | — | 27 May 26 | 14 May | |
| 4 |  Harikanta Overseas IPO SME · BSE | Upcoming | ₹91–₹96 | — | — | — | — | 27 May 26 | — | |
| 5 |  Q-Line Biotech Ltd IPO SME · NSE· STS: 21000 | Upcoming | ₹326–₹343 | +₹69 | +20.12% | ₹412 +20.1% | — | 29 May 26 | 18 May | |
| 6 |  Autofurnish Ltd IPO SME · BSE | Upcoming | ₹41 | — | — | — | — | 29 May 26 | — | |
| 7 |  Bio Medica Laboratories IPO SME · NSE | Upcoming | ₹132–₹139 | +₹1 | +0.72% | ₹140 +0.7% | — | 29 May 26 | 18 May | |
| 8 |  M R Maniveni Foods Ltd IPO SME · BSE· STS: 2000 | Upcoming | ₹51–₹52 | +₹3 | +5.77% | ₹55 +5.8% | ₹-0.01 | 1 Jun 26 | 18 May | |
Recently Listed— Listed in last 30 days — GMP vs actual listing5 IPOs | ||||||||||
| 9 |  Bagmane Prime Office REIT IPO Mainboard · Both | Listed | ₹95–₹100 | +₹4.3 | +4.30% | ₹104.9 +4.9% | — | 15 May 26 | 9 May | |
| 10 |  Goldline Pharmaceutical IPO SME· STS: 54000 | Listed | ₹41–₹43 | +₹15 | +34.88% | ₹58 +34.9% | — | 19 May 26 | 14 May | |
| 11 |  RFBL Flexi Pack IPO SME · NSE | Listed | ₹47–₹50 | -₹2 | -4.00% | ₹48 -4.0% | — | 19 May 26 | 14 May | |
| 12 |  Simca Advertising IPO SME · NSE | Listed | ₹174–₹183 | +₹38 | +20.77% | ₹221 +20.8% | — | 15 May 26 | 12 May | |
| 13 |  OnEMI Technology Solutions Mainboard · Both | Listed | ₹162–₹171 | +₹18 | +10.53% | ₹189 +10.5% | — | 8 May 26 | 8 May | |
GMP data is unofficial · Not a recommendation to invest
Vegorama Punjabi Angithi IPO
SME
GMP
+₹15
GMP %
+19.5%
Est. List
₹92
Kostak
—
Harikanta Overseas IPO
SME
GMP
—
GMP %
—
Est. List
—
Kostak
—
Q-Line Biotech Ltd IPO
SME · STS: 21000
GMP
+₹69
GMP %
+20.1%
Est. List
₹412
Kostak
—
Autofurnish Ltd IPO
SME
GMP
—
GMP %
—
Est. List
—
Kostak
—
Bio Medica Laboratories IPO
SME
GMP
+₹1
GMP %
+0.7%
Est. List
₹140
Kostak
—
M R Maniveni Foods Ltd IPO
SME · STS: 2000
GMP
+₹3
GMP %
+5.8%
Est. List
₹55
Kostak
₹-0.01
Bagmane Prime Office REIT IPO
Mainboard
GMP
+₹4.3
GMP %
+4.3%
Est. List
₹104.9
Kostak
—
Goldline Pharmaceutical IPO
SME · STS: 54000
GMP
+₹15
GMP %
+34.9%
Est. List
₹58
Kostak
—
RFBL Flexi Pack IPO
SME
GMP
₹-2
GMP %
-4.0%
Est. List
₹48
Kostak
—
Simca Advertising IPO
SME
GMP
+₹38
GMP %
+20.8%
Est. List
₹221
Kostak
—
OnEMI Technology Solutions
Mainboard
GMP
+₹18
GMP %
+10.5%
Est. List
₹189
Kostak
—
Showing 13 IPOs
Understanding IPO GMP Terms
Extra price above issue price at which shares trade in the unofficial grey market before listing.
Issue Price + GMP. The estimated price at which the share may list on the stock exchange.
Fixed amount paid per IPO application, regardless of allotment. A risk-free grey market trade.
A conditional deal paid only if the applicant receives allotment. Higher potential, but dependent on allotment.
How to Use IPO GMP Data
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.
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.
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.