Grey-market premium (GMP) is unregulated.
Every GMP figure is a self-reported grey-market estimate — no exchange, regulator or clearing body records or audits it, and there is no settlement guarantee or recourse. Shown for context only; never decide on GMP alone. New to GMP? The 30-second explainer →
How reliable is GMP? The honest base rate, from the IPOs we tracked to listing.
For context, of the last 92 IPOs we tracked to listing, 62 (67%) opened above their issue price, at a median of +7%. A base rate, not a promise, and not what any single GMP is guaranteeing.
And across the 14 we tracked from GMP to listing, grey-market premium understated it by a median of 8 pp, and pointed the right way 100% of the time.
Open now
Accepting bids today.View momentum
View momentum
View momentum
View momentum
No open now IPOs match this filter.
Upcoming
Announced, not yet open.Bidding not started
Bidding not started
Bidding not started
Bidding not started
Bidding not started
Bidding not started
Bidding not started
Bidding not started
Bidding not started
No upcoming IPOs match this filter.
Recently closed
Last month, newest first.Not published yet
Not published yet
Not published yet
Not published yet
No recently closed IPOs match this filter.
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What this page does not yet show
- DRHP analysis — shown where an offer document has been analysed. Every figure carries its page; where you see "not cross-checked", it has not been string-matched against the source text.
- A per-lot rupee estimate — we now show the amount to apply and how recent IPOs actually listed. Turning a live GMP into an indicative per-lot profit is the next step.
- Upcoming mainboard IPOs — the exchange calendar only exposes issues once they are already open.
- GMP breadth — only sources whose terms permit this use are read, which currently means one.
Sources & method
Subscription and issue data come from the NSE and BSE exchange feeds, with the third-party aggregator, clearly labelled, where an exchange feed is unreachable. DRHP analysis is extracted from the offer document itself, every figure cited to its page. Each figure on the page carries its source and its timestamp.
Grey-market premium is aggregated across independent grey-market trackers and shown as a range across sources, never a single number.