IPO GMP today
Grey-market premium (GMP) is the unofficial, unregulated premium at which an IPO's shares change hands before listing. It is a sentiment signal, never a forecast. Below is the live GMP for every open and upcoming Indian IPO, each figure shown with the number of independent sources behind it and its timestamp. For whether GMP has actually been right, see our accuracy record.
Live figures, updated . Data refreshes roughly every 30 minutes during Indian market hours.
Upcoming
How often does an Indian IPO actually open above its issue price?
Of the 1255 IPOs that have listed on the NSE since 2003, 947 (75%) opened above their issue price, at a median of +10%. A base rate, not a promise, and not what any single GMP is guaranteeing.
The two boards differ, and a blended figure flatters one of them. Mainboard issues opened above their issue price 71% of the time across 538 listings, at a median of +10%. SME issues, 79% across 717, at a median of +11%.
Built from the exchange's own past-issues record joined to its daily price archive, measured on the listing-day open. It describes a population. It is not a forecast for any single issue.
Has grey-market premium actually been right?
Across the 58 issues we followed from a GMP quote through to listing, the premium pointed the right way 79% of the time, and overstated the listing gain by a median of 2 pp.
How accurate has GMP actually been? Our issue-by-issue record of grey-market premium against the real listing-day outcome. See the full GMP accuracy record →
Common questions about IPO GMP
What is IPO GMP today?
Grey-market premium (GMP) is the unofficial premium at which an IPO's shares change hands before it lists. This page shows the current GMP for every open and upcoming Indian IPO, each figure with the number of independent grey-market sources behind it and its timestamp. GMP is unregulated and self-reported; treat it as sentiment, never a guarantee.
Is IPO GMP reliable?
Not on its own. GMP is unregulated, recorded by no exchange, and self-reported by grey-market dealers, so it is a sentiment signal rather than a forecast. The honest test is whether it has actually been right: we track every IPO from its last pre-listing GMP quote to its real listing-day open and publish the hit rate. Treat any single premium loosely.
How is IPO GMP calculated?
It is not calculated from any official book. Grey-market dealers quote a premium (a rupee amount over the issue price) at which unlisted shares change hands before listing, and aggregators report those quotes. We show each figure with the number of independent sources behind it and its timestamp, because an unsourced, undated GMP is worth very little.
Method & sources
GMP is collected from public grey-market sources and stored with its timestamp; each figure states how many independent sources it rests on. It is not an exchange price and no regulator records it. Subscription figures come from the NSE and BSE feeds. We publish GMP for context and to measure it honestly, never as advice.
Data & analysis only. Not investment advice. Not a SEBI-registered research analyst.