Mainboard IPO GMP Today 2026

Company GMP Price Band Open Close Sub GMP Updated
Skyways Air

Upcoming Mainboard 		₹0 — — — — 12 Mar, 01:44 pm
Amir Chand

Listed Mainboard 		+₹5 (+2.4%)
Est: ₹217 		₹201 – 212 Mar 24 Mar 27 3.23x 01 Apr, 07:22 pm
Powerica

Listed Mainboard 		+₹9 (+2.3%)
Est: ₹404 		₹375 – 395 Mar 24 Mar 27 1.45x 01 Apr, 07:22 pm
Central Mine Planning

Listed Mainboard 		+₹4 (+2.3%)
Est: ₹176 		₹163 – 172 Mar 20 Mar 24 1.05x 28 Mar, 08:36 pm
GSP Crop Science

Listed Mainboard 		+₹2 (+0.6%)
Est: ₹322 		₹304 – 320 Mar 16 Mar 18 1.61x 21 Mar, 03:43 pm
Innovision

Listed Mainboard 		₹-90 (-16.4%)
Est: ₹458 		₹521 – 548 Mar 10 Mar 17 3.32x 21 Mar, 03:43 pm
Rajputana Stainless

Listed Mainboard 		+₹3 (+2.5%)
Est: ₹125 		₹116 – 122 Mar 09 Mar 11 1.12x 18 Mar, 12:34 pm
SEDEMAC Mechatronics

Listed Mainboard 		+₹22 (+1.6%)
Est: ₹1,374 		₹1,287 – 1,352 Mar 04 Mar 06 2.68x 10 Mar, 08:28 pm
Omnitech Engineering

Listed Mainboard 		₹0 (0.0%)
Est: ₹227 		₹216 – 227 Feb 25 Feb 27 1.14x 05 Mar, 12:00 am
PNGS Reva Diamond

Listed Mainboard 		₹-1 (-0.3%)
Est: ₹385 		₹367 – 386 Feb 24 Feb 26 1.23x 26 Feb, 12:00 am
Clean Max Enviro

Listed Mainboard 		₹-11 (-1.0%)
Est: ₹1,042 		₹1,000 – 1,053 Feb 23 Feb 25 0.94x 26 Feb, 12:00 am
Shree Ram Twistex

Listed Mainboard 		₹-11 (-10.6%)
Est: ₹93 		₹95 – 104 Feb 23 Feb 25 43.66x 26 Feb, 12:00 am
Gaudium IVF

Listed Mainboard 		₹-4 (-5.1%)
Est: ₹75 		₹75 – 79 Feb 20 Feb 24 7.27x 26 Feb, 12:00 am
Fractal Analytics

Listed Mainboard
AI & Data Analytics 		₹0 (0.0%)
Est: ₹900 		₹857 – 900 Feb 09 Feb 11 5.52x 25 Feb, 12:00 am
Aye Finance

Listed Mainboard
NBFC - Micro MSME Lending 		₹0 (0.0%)
Est: ₹129 		₹122 – 129 Feb 09 Feb 11 1.04x 16 Feb, 12:00 am
Shadowfax Technologies

Listed Mainboard
Logistics 		₹-8 (-6.5%)
Est: ₹116 		₹118 – 124 Jan 20 Jan 22 — 27 Jan, 12:00 am
Amagi Media Labs

Listed Mainboard
Cloud TV & Media Tech 		₹-5 (-1.4%)
Est: ₹356 		₹343 – 361 Jan 13 Jan 16 30.24x 20 Jan, 12:00 am
Bharat Coking Coal

Listed Mainboard
Coal & Mining 		+₹18 (+78.3%)
Est: ₹41 		₹21 – 23 Jan 09 Jan 13 146.80x 17 Jan, 12:00 am

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What is IPO GMP (Grey Market Premium)?

GMP (Grey Market Premium) is the unofficial premium at which IPO shares trade in the grey market before listing on BSE or NSE. A positive GMP suggests the IPO may list at a premium, while a negative GMP indicates a potential discount. For example, if an IPO has an issue price of Rs 200 and a GMP of Rs 50, the expected listing price is Rs 250 — a 25% premium.

How to Read the GMP Table

The table above shows live GMP data for all active IPOs in India — including upcoming, open, closed, and recently listed IPOs. Each row shows the current grey market premium in rupees, the percentage premium over issue price, and the estimated listing price. The subscription column (Sub) shows the total subscription multiple for open and closed IPOs. Click on any IPO row to view the full GMP history chart and detailed analysis.

Why Track IPO GMP?

Tracking GMP helps investors gauge market sentiment before an IPO lists. A rising GMP trend over the subscription period usually indicates strong demand, while a declining GMP may signal weakening interest. However, GMP is not regulated by SEBI and should be used alongside subscription data, company financials, and valuations for informed decision-making. Use our IPO detail pages to see the complete picture for each IPO.

GMP vs Actual Listing Performance

GMP is a useful sentiment indicator but not a guarantee. Some IPOs with high GMP have listed below expectations, and vice versa. GMP tends to be more reliable closer to the listing date and when backed by strong institutional (QIB) subscription. Check our Performance Tracker to see how past IPOs actually performed versus their GMP predictions.

Frequently Asked Questions about IPO GMP

Live IPO GMP (Grey Market Premium) is the real-time unofficial premium at which IPO shares trade in the grey market before listing. A positive GMP suggests listing at a premium, while negative GMP indicates a discount.

IPO GMP data on IPO Cracker is updated multiple times daily. The grey market premium can change rapidly based on market conditions and demand for IPO shares.

GMP provides a market sentiment indicator but is not a guaranteed predictor of listing price. It is based on unofficial grey market activity and can change significantly before the actual listing date. GMP is most accurate when close to the listing date and supported by strong subscription numbers.

A negative GMP means grey market traders expect the IPO to list below its issue price. For example, a GMP of -Rs 20 on an IPO with issue price Rs 100 means the expected listing price is Rs 80. This usually indicates weak market sentiment or overvaluation concerns.

GMP is not calculated by a formula — it is determined by supply and demand among unofficial grey market traders. When more people want to buy IPO shares before listing, the premium goes up. When sellers outnumber buyers, GMP drops. The expected listing price is simply Issue Price + GMP.

No. GMP is just one factor to consider. You should also evaluate the company's financials, valuation, subscription status, and industry peers. A high GMP with poor fundamentals can still result in losses after listing. Use GMP as a sentiment check, not as the sole decision factor.