IPO GMP Today – Latest Grey Market Premium (GMP) Updates

IPO GMP 2026 – Upcoming & Ongoing IPOs with Estimated Listing Gains

Below is the updated list of Grey Market Premium (GMP) for current and upcoming IPOs.

IPO GMP (Grey Market Premium) is currently active for several Mainboard and SME public issues. GMP is trending for IPOs such as PNGS Reva Diamond Jewellery, Fractal Industries, and more.

Total Upcoming & Ongoing IPOs: 5

🔔 Note: GMP values are updated daily based on grey market activity and market sentiment.

Listed Mainboard IPOs 2026 – GMP Performance

Total Mainboard IPOs: 3

Listed SME IPOs 2026 – GMP Performance

Total SME IPOs: 22

What is IPO GMP?

IPO GMP (Grey Market Premium) is the additional price at which IPO shares are traded in the grey market before they are officially listed on the stock exchange.

The grey market is an unofficial market where IPO shares are bought and sold based on demand and supply. These transactions are not regulated by stock exchanges, but they reflect investor sentiment toward the IPO.

In simple words:

• If IPO shares are trading above the issue price in the grey market, the GMP is positive.
• If IPO shares are trading below the issue price, the GMP is negative.

Example:

IPO issue price: ₹100
Grey market price: ₹120
IPO GMP: ₹20

This indicates positive market interest.

If the grey market price falls to ₹90, the GMP becomes negative, which shows weak demand for the IPO.

Why IPO GMP Matters to Investors?

IPO GMP helps investors get an early idea about the market interest in an upcoming IPO. When the GMP is high, it usually indicates strong demand for the IPO shares and a possibility of listing at a premium on the stock exchange. This may offer short-term profit opportunities to investors who receive allotment.

On the other hand, a low or negative GMP suggests weak interest in the IPO, which may result in a flat or discounted listing.

However, IPO GMP should not be the only factor while making an investment decision. GMP mainly reflects market sentiment, and the actual performance of the stock after listing can vary based on the company’s fundamentals, overall market conditions, and investor behaviour.

How IPO GMP Influences Investor Behaviour?

IPO GMP often influences how investors behave during the IPO subscription period. When the GMP is positive, many investors apply for the IPO with the expectation that the shares may list above the issue price. This generally leads to higher demand during the subscription period.

If the GMP is weak or negative, investors may avoid applying or apply cautiously, as it indicates lower market interest in the IPO.

For example, during the Zomato IPO, strong grey market activity created high investor interest, and the shares performed well after listing. On the other hand, IPOs with a low GMP usually attract less attention and may see a flat or weak listing.

Factors That Affect IPO GMP

IPO GMP is influenced by several factors and can change frequently before listing.

• Market Conditions: When the overall stock market is performing well, IPO GMP is usually higher. In weak or volatile market conditions, GMP may decline or turn negative.
• Company Background: Companies with strong financial performance, a clear business model, and growth potential generally attract more investor interest, which reflects in a higher GMP.
• Industry Trend: IPO GMP tends to be stronger for companies operating in industries that are currently in demand or experiencing growth.
• Economic Situation: During uncertain or unstable economic periods, investors become cautious, which can reduce IPO demand and negatively impact GMP.

How to Track IPO GMP?

p> IPO GMP can be tracked through various financial websites and IPO-focused platforms. Many finance portals regularly update grey market prices for upcoming and ongoing IPOs.

Investors can also follow IPO-related discussions on market forums and IPO-focused blogs to understand changing market sentiment.

Websites like The Financial Talks (www.thefinancialtalks.com) provide daily IPO GMP updates based on ongoing market activity. By tracking these updates, investors can better understand market interest in an IPO and decide whether it aligns with their investment strategy.

What are the Risks Involved in Relying on IPO GMP?

While IPO GMP is useful for understanding market sentiment, there are certain risks involved in relying solely on this data. The grey market is unofficial and unregulated, which means prices can change rapidly and may not always reflect actual investor demand.

Low liquidity in the grey market can also make it difficult to judge genuine buying or selling interest.

Investors should remember that IPO GMP alone is not sufficient to make an investment decision. Other important factors such as company valuation, business performance, management quality, and industry outlook should also be carefully analysed.

Conclusion:

IPO GMP helps investors understand short-term market sentiment for an upcoming IPO. A positive GMP usually indicates strong demand, while a negative GMP may signal weak investor interest.

However, IPO GMP should not be treated as a guarantee of listing gains. Actual stock performance after listing can vary due to company fundamentals, market conditions, and investor behaviour.

Investors should always conduct proper research by analysing company fundamentals, sector trends, and overall market conditions before investing in an IPO.

Frequently Asked Questions (FAQs) on IPO GMP

Disclaimer: IPO GMP is speculative and unofficial. Investors should not rely solely on GMP for investment decisions.