All products| Company Name | Grey Market Premium (Per Share) | Listing Gains Per Lot (Approx) |
| Utkarsh Small Finance Bank | Rs 17/- | Rs 10,200/- |
| Senco Gold | Rs 125/- | Rs 5,875/- |
| Netweb Tech India | Rs 325/- | Rs 9,750/- |
- Gmp update as on 11.45 am (13 july 2023) Disclaimer- Grey market premium is for educational purposes only, we don’t deal in grey market. IPO Grey Market Premium mention is valid for the specific date and it changes very frequently. Do not subscribe for IPO by just seeing the premium Price as it may change anytime before listing. Subscribe only considering the fundamentals of the companies.
What is Grey Market Premium(GMP)?
The gray market premium (GPM) is the price at which gray market IPO shares are sold before they are listed on the stock exchange. Simply put, the stock of the company that issued the initial public offering (IPO) is bought and sold outside of the stock market.
The GMP predicts how the IPO will perform on its first day of trading. For example, if a business issues an IPO for Rs.100 and the gray market premium is around Rs.20, we can expect the IPO to list at roughly Rs.120 on the first day of trading. There is no guarantee of accuracy, but in the vast majority of cases, the GMP is correct and the IPO is listed at the provided price.