IPO Grey Market Premium or IPO GMP of all Large Cap IPOs

IPO Grey Market Premium or IPO GMP is a very important metric which every individual should check before subscribing to an upcoming IPO.

Although GMP is an unofficial way of predicting the listing price of an IPO but it is an effective tool for any IPO investor who wish to subscribe to an IPO.

What is IPO Grey Market Premium?

IPO Grey Market PremiumIPO Grey Market Premium is price decided in the Grey Market between buyers & sellers of the IPO even before the IPO application or shares are available in the exchange for trading.

Grey Market Price or Grey Market Premium helps in a great way to the IPO investors to whether subscribe to the IPO or not.

Premium is decided on the simple formula of demand & supply. If the demand is high & supply is low then the premium is high & if the demand is less & supply is abundant then the premium is low.

This entire process happens in an unofficial way, so there is no guarantee that the GMP is giving perfect indication of the listing price.

Although, Routine Investors understands that Grey Market Premium is a very good indicator of whether the IPO will perform or not. Hence, it is a very important tool to check before subscribing to any IPO.

List of Recent IPOs with their GMP or Grey Market Premium

IPO NameIssue PriceGMP |Kostak| Subject to SaudaListing PriceProfit/Loss – Per Share
Burger King IPORs 59 – 6028-30|250|5800NANA
Prince Pipes IPORs 177 – 17840-45| 350| NA160Loss – Rs. 42.36
Rs. 193 – 19565-70 | 180-200| 2500275Loss – Rs. 36.87
Ujjivan Small Finance Bank IPORs 36-3710-12 | 400-450| 450058Profit – Rs. 10.54
SBI Cards IPONA185-190 | X | 0NANA
IRCTC IPORs 315 – 320GMP 230-235644Profit- Rs. 268.14
Aavas Financiers IPORs.818 – Rs.821Rs.10Rs.781.40Loss – Rs.36
Garden Reach Shipbuilders IPORs.115 – Rs.118NILRs.101.40Loss – Rs.16
IRCON International IPORs.470- Rs.475Rs.8 – Rs.10Rs.415.30Loss – Rs.60
Lodha Developers IPO
CreditAccess Grameen IPORs.422Rs.0-10Rs.385Loss – Rs.37
HDFC AMC IPORs.1100Rs.550 – Rs.600Rs.1815.95Profit – Rs.716
TCNS Clothing IPORs.716Rs.10 – Rs.20Rs.659.15Loss – Rs.57
Varroc Engineering IPORs.967Rs.50 – Rs.60Rs.1037.35Profit – Rs.70
Fine Organic IPORs.783Rs.65 – Rs.75Rs.822.80Profit Rs.40
Rites Limited IPORs.185Rs.30 – Rs.40Rs.213.30Profit Rs.28
Indostar Capital IPORs.572Rs.10 – Rs.20Rs.586.10Profit – Rs.14

(Data as on 16-03-2020)

Recent IPO Performance

DateIPO NameIssue Size (in Rs. crores)Issue


Listing Open


Listing Close


Listing Gains(%)CMP


Current Gains (%)
12/12/2019Ujjivan IPO7503758.7555.951.0857.1554.46
4/12/2019CSB Bank IPO409.68195275300.153.9240.7523.46
14/10/19IRCTC IPO635.04320644728.6127.69882.3175.72
20/08/19Sterling & Wilson IPO3125780700725.35-7.01309.1-60.37
4/7/2019Indiamart IPO474.1297311801302.5533.872,028.00108.43
8/5/2019Neogen IPO131.480251263.550361
15/04/19Metropolis IPO1200.18880960959.559.041,292.5046.88
11/4/2019Rail Vikas IPO430.88191919.050.2623.222.11
1/4/2019Embassy Office IPO4750300300314.14.7425.8541.95
29/03/19MSTC IPO213.81128111114.2-10.78141.7510.74
7/2/2019Chalet Hotels IPO1628.84280291290.43.71341.8522.09
4/2/2019Xelpmoc Design IPO23665658.8-10.9164.6-2.12

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    Disclaimer – 

    • IPO Grey Market Premium (IPO GMP) mention is valid for the specific date only.
    • Top10stockbroker.com is not buying and selling IPO forms on IPO Gery Market.
    • Do not subscribe for IPO by just seeing premium Price as it may change anytime before listing.

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