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Live IPO GMP Today|Grey Market Premium|Subject2Sauda|SME IPO

IPO Grey Market Premium (GMP) is trending for Tata Technologies, Crayons Advertising, Vasa Denticity, Hemant Surgical Industries, Proventus Agrocom, Infollion Research Services, Comrade Appliances, CFF Fluid Control, Sahana System, Kore Digital, IKIO Lighting, Sonalis Consumer Products IPO.

Grey Market is an unregulated market to trade IPO applications and IPO shares before listing of the stock. An investor may not want to trade in the grey market, but getting an idea of the GMP can be used to estimate the listing gain on the IPO share. GMP or Grey Market Premium adding to issue price gives the estimated listing price of the IPO share.

Here we are reporting the GMP of all upcoming and current IPOs along with Kostak price. Estimated Listing Price is also calculated by adding up GMP and IPO cap price.

IPO GMP Performance SME GMP Perferomance Mainboard IPO GMP SME IPO GMP

Today's Movement - GMP Up >> GMP Up from Previous Day PriceToday's Movement - GMP Down >> GMP Down from Previous Day Price Today's Movement - GMP No Change >> No Change in GMP Price from Previous Day


IPO GMP (₹) Estimated Listing Price Fire-Rating Subject to Rates IPO Price IPO Status Open Dt Close Dt Listing Dt GMP Last Updated
Sonalis Consumer Products BSE SME-- Today's Movement - GMP No Change30 (0.00%)Rating 1/5-30Upcoming7-Jun-20239-Jun-202319-Jun-20232-Jun-2023 09:43:37 AM
IKIO Lighting IPO42 Today's Movement - GMP Up327 (14.74%)Rating 3/52000285Upcoming6-Jun-20238-Jun-202316-Jun-20232-Jun-2023 12:36:59 PM
Kore Digital NSE SME-- Today's Movement - GMP No Change180 (0.00%)Rating 1/5-180Open2-Jun-20237-Jun-202315-Jun-20232-Jun-2023 12:38:20 PM
Comrade Appliances BSE SME13 Today's Movement - GMP Up67 (24.07%)Rating 4/5-54Open31-May-20235-Jun-202313-Jun-20232-Jun-2023 12:29:10 PM
Sahana System NSE SME10 Today's Movement - GMP No Change145 (7.41%)Rating 2/5-135Open31-May-20232-Jun-202312-Jun-20232-Jun-2023 12:31:22 PM

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CFF Fluid Control BSE SME5 Today's Movement - GMP Up170 (3.03%)Rating 1/5-165Open30-May-20232-Jun-202312-Jun-20232-Jun-2023 12:30:48 PM
Infollion Research Services NSE SME76 Today's Movement - GMP Up158 (92.68%)Rating 5/59200082Closed29-May-202331-May-20238-Jun-20232-Jun-2023 12:26:17 PM
Proventus Agrocom NSE SME10 Today's Movement - GMP Down781 (1.30%)Rating 1/5-771Closed24-May-202326-May-20235-Jun-20232-Jun-2023 12:25:54 PM
Hemant Surgical Industries BSE SME51 Today's Movement - GMP Up141 (56.67%)Rating 5/57000090Closed24-May-202326-May-20235-Jun-20232-Jun-2023 12:25:16 PM
Vasa Denticity NSE SME53 Today's Movement - GMP No Change181 (41.41%)Rating 4/562000128[email protected]23-May-202325-May-20232-Jun-20232-Jun-2023 08:00:08 AM
Crayons Advertising NSE SME42 Today's Movement - GMP No Change107 (64.62%)Rating 5/57500065[email protected]22-May-202325-May-20232-Jun-20232-Jun-2023 08:00:08 AM
Krishca Strapping Solutions NSE SME68 Today's Movement - GMP Up122 (125.93%)Rating 5/51,30,00054[email protected]16-May-202319-May-202326-May-202326-May-2023 09:35:08 AM
Remus Pharmaceuticals NSE SME575 Today's Movement - GMP No Change1804 (46.79%)Rating 4/5550001229[email protected]17-May-202319-May-202329-May-202329-May-2023 08:00:08 AM
Auro Impex n Chemicals NSE SME2 Today's Movement - GMP Down80 (2.56%)Rating 1/51800078[email protected]11-May-202315-May-202323-May-202323-May-2023 09:33:30 AM
Nexus Select Trust REIT3 Today's Movement - GMP No Change103 (3.00%)Rating 1/5-100[email protected]9-May-202311-May-202319-May-202319-May-2023 08:00:08 AM
De Neers Tools NSE SME43 Today's Movement - GMP Up144 (42.57%)Rating 4/5-101[email protected]28-Apr-20233-May-202311-May-202311-May-2023 08:56:38 AM
Innokaiz India BSE SME38 Today's Movement - GMP Up116 (48.72%)Rating 4/54000078[email protected]28-Apr-20233-May-202311-May-202311-May-2023 08:56:25 AM
Mankind Pharma IPO121 Today's Movement - GMP Down1201 (11.20%)Rating 3/59501080[email protected]25-Apr-202327-Apr-20239-May-20239-May-2023 09:18:16 AM
Retina Paints BSE SME5 Today's Movement - GMP No Change35 (16.67%)Rating 3/5-30[email protected]19-Apr-202324-Apr-20233-May-20233-May-2023 08:00:08 AM
Quicktouch Technologies NSE SME20 Today's Movement - GMP Down81 (32.79%)Rating 4/5-61[email protected]18-Apr-202321-Apr-20232-May-20232-May-2023 09:41:15 AM
A G Universal NSE SME4 Today's Movement - GMP Down64 (6.67%)Rating 2/5-60[email protected]11-Apr-202313-Apr-202324-Apr-202324-Apr-2023 09:37:37 AM
Pattech Fitwell Tube Components NSE SME-3 Today's Movement - GMP Up47 (-6.00%)Rating 1/5-50[email protected]5-Apr-202312-Apr-202321-Apr-202321-Apr-2023 09:06:24 AM
Sancode Technologies BSE SME4 Today's Movement - GMP No Change51 (8.51%)Rating 2/5-47[email protected]31-Mar-20236-Apr-202318-Apr-202318-Apr-2023 09:25:38 AM
Avalon Technologies IPO7 Today's Movement - GMP Down443 (1.61%)Rating 1/5-436[email protected]3-Apr-20236-Apr-202318-Apr-202318-Apr-2023 09:24:13 AM
MOS Utility NSE SME6 Today's Movement - GMP Down82 (7.89%)Rating 2/5600076[email protected]31-Mar-20236-Apr-202318-Apr-202318-Apr-2023 09:25:03 AM
Infinium Pharmachem NSE SME2.5 Today's Movement - GMP Down137.5 (1.85%)Rating 1/5-135[email protected]31-Mar-20235-Apr-202317-Apr-202317-Apr-2023 09:46:34 AM
Exhicon Events Media Solutions BSE SME2 Today's Movement - GMP Down66 (3.12%)Rating 1/5-64[email protected]31-Mar-20235-Apr-202317-Apr-202317-Apr-2023 09:44:36 AM
Sotac Pharmaceuticals NSE SME10 Today's Movement - GMP Up121 (9.01%)Rating 2/5-111[email protected]29-Mar-20233-Apr-202313-Apr-202313-Apr-2023 09:09:48 AM
Maiden Forgings BSE SME-2 Today's Movement - GMP No Change61 (-3.17%)Rating 1/5-63[email protected]23-Mar-202327-Mar-20236-Apr-20236-Apr-2023 09:46:24 AM
Udayshivakumar Infra IPO10 Today's Movement - GMP No Change45 (28.57%)Rating 4/5270035[email protected]20-Mar-202323-Mar-20233-Apr-20233-Apr-2023 09:40:32 AM
Command Polymers BSE SME-4 Today's Movement - GMP Up24 (-14.29%)Rating 1/5-28[email protected]17-Mar-202321-Mar-202329-Mar-202329-Mar-2023 09:45:59 AM
Dev Labtech Venture BSE SME8 Today's Movement - GMP Up59 (15.69%)Rating 3/51600051[email protected]17-Mar-202321-Mar-202329-Mar-202329-Mar-2023 09:01:12 AM
Nirman Agri Genetics NSE SME-5 Today's Movement - GMP Down94 (-5.05%)Rating 1/5-99[email protected]15-Mar-202320-Mar-202328-Mar-202328-Mar-2023 09:01:49 AM
Bright Outdoor Media BSE SME-4 Today's Movement - GMP No Change142 (-2.74%)Rating 1/51100146[email protected]14-Mar-202317-Mar-202324-Mar-202324-Mar-2023 09:31:13 AM
Quality Foils (India) NSE SME37 Today's Movement - GMP Up97 (61.67%)Rating 5/53000060[email protected]14-Mar-202316-Mar-202324-Mar-202324-Mar-2023 09:30:36 AM
Global Surfaces IPO18 Today's Movement - GMP Up158 (12.86%)Rating 3/5-140[email protected]13-Mar-202315-Mar-202323-Mar-202323-Mar-2023 09:37:37 AM
Labelkraft Technologies BSE SME12 Today's Movement - GMP Up67 (21.82%)Rating 4/52000055[email protected]13-Mar-202315-Mar-202323-Mar-202323-Mar-2023 09:42:06 AM
Sudarshan Pharma Industries BSE SME5 Today's Movement - GMP No Change78 (6.85%)Rating 2/5-73[email protected]9-Mar-202314-Mar-202322-Mar-202322-Mar-2023 09:38:58 AM
VELS Film International NSE SME4 Today's Movement - GMP Up103 (4.04%)Rating 1/5-99[email protected]10-Mar-202314-Mar-202322-Mar-202322-Mar-2023 09:42:19 AM
Prospect Commodities BSE SME2 Today's Movement - GMP Up63 (3.28%)Rating 1/5-61[email protected]8-Mar-202313-Mar-202320-Mar-202320-Mar-2023 09:07:07 AM
MCON Rasayan India NSE SME14 Today's Movement - GMP Down54 (35.00%)Rating 4/55000040[email protected]6-Mar-202310-Mar-202320-Mar-202320-Mar-2023 09:06:48 AM
Systango Technologies NSE SME20 Today's Movement - GMP Down110 (22.22%)Rating 4/53000090[email protected]2-Mar-20236-Mar-202315-Mar-202315-Mar-2023 09:03:59 AM
Vertexplus Technologies NSE SME8 Today's Movement - GMP No Change104 (8.33%)Rating 2/5-96[email protected]2-Mar-20236-Mar-202315-Mar-202315-Mar-2023 08:00:09 AM
Divgi TorqTransfer Systems IPO29 Today's Movement - GMP Up619 (4.92%)Rating 1/58000590[email protected]1-Mar-20233-Mar-202314-Mar-202314-Mar-2023 08:49:20 AM
ITCONS E-Solutions BSE SME4 Today's Movement - GMP No Change55 (7.84%)Rating 2/5600051[email protected]28-Feb-20232-Mar-202313-Mar-202313-Mar-2023 09:49:20 AM
ResGen BSE SME1.5
(Seller Only) Today's Movement - GMP Down
48.5 (3.19%)Rating 1/5-47[email protected]28-Feb-20232-Mar-202313-Mar-202313-Mar-2023 09:42:10 AM
SVJ Enterprises BSE SME-4
(Discount) Today's Movement - GMP Down
32 (-11.11%)Rating 1/5-36[email protected]23-Feb-202328-Feb-20239-Mar-20239-Mar-2023 08:07:51 AM
Amanaya Ventures BSE SME-2
(Discount) Today's Movement - GMP Up
21 (-8.70%)Rating 1/5-23[email protected]24-Feb-202328-Feb-20239-Mar-20239-Mar-2023 08:08:32 AM
Srivasavi Adhesive Tapes NSE SME2.5
(Seller Only) Today's Movement - GMP Down
43.5 (6.10%)Rating 2/5-41[email protected]23-Feb-202328-Feb-20239-Mar-20239-Mar-2023 08:06:46 AM
Patron Exim BSE SME-3 Today's Movement - GMP No Change24 (-11.11%)Rating 1/5-27[email protected]21-Feb-202324-Feb-20236-Mar-20236-Mar-2023 08:19:54 AM
Sealmatic India BSE SME14 Today's Movement - GMP Down239 (6.22%)Rating 2/55000225[email protected]17-Feb-202321-Feb-20231-Mar-20231-Mar-2023 08:18:06 AM
Macfos BSE SME80 Today's Movement - GMP Down182 (78.43%)Rating 5/564000102[email protected]17-Feb-202321-Feb-20231-Mar-20231-Mar-2023 08:17:49 AM
Viaz Tyres NSE SME2 Today's Movement - GMP No Change64 (3.23%)Rating 1/5550062[email protected]16-Feb-202321-Feb-20231-Mar-20231-Mar-2023 08:03:36 AM
Agarwal Float Glass India NSE SME-5
(Seller Only) Today's Movement - GMP Down
37 (-11.90%)Rating 1/5-42[email protected]10-Feb-202315-Feb-202323-Feb-202323-Feb-2023 08:11:57 AM
Lead Reclaim and Rubber Products NSE SME3.5 Today's Movement - GMP Down28.5 (14.00%)Rating 3/5-25[email protected]9-Feb-202313-Feb-202321-Feb-202321-Feb-2023 08:12:24 AM
Indong Tea Company BSE SME2.5 Today's Movement - GMP No Change28.5 (9.62%)Rating 2/5-26[email protected]9-Feb-202313-Feb-202321-Feb-202321-Feb-2023 08:12:37 AM
Shera Energy NSE SME11 Today's Movement - GMP Down68 (19.30%)Rating 3/52000057[email protected]7-Feb-20239-Feb-202317-Feb-202317-Feb-2023 08:02:09 AM
Earthstahl & Alloys BSE SME18 Today's Movement - GMP Down58 (45.00%)Rating 4/54500040[email protected]27-Jan-202331-Jan-20238-Feb-20238-Feb-2023 08:07:03 AM
Adani Enterprises FPO-- Today's Movement - GMP Up3276 (0.00%)Rating 1/5-3276Withdrawn27-Jan-202331-Jan-20238-Feb-20232-Feb-2023 09:20:50 AM
Gayatri Rubbers and Chemicals NSE SME3 Today's Movement - GMP Down33 (10.00%)Rating 3/5-30[email protected]25-Jan-202330-Jan-20237-Feb-20237-Feb-2023 08:09:49 AM
Transvoy Logistics India BSE SME10 Today's Movement - GMP Down81 (14.08%)Rating 3/52000071[email protected]20-Jan-202324-Jan-20232-Feb-20232-Feb-2023 08:09:08 AM
DHARNI Capital Services BSE SME0.5 Today's Movement - GMP Down20.5 (2.50%)Rating 1/5800020[email protected]18-Jan-202320-Jan-202331-Jan-202331-Jan-2023 08:09:07 AM
Aristo Bio-Tech and Lifescience NSE SME36 Today's Movement - GMP Down108 (50.00%)Rating 5/53000072[email protected]16-Jan-202319-Jan-202330-Jan-202330-Jan-2023 08:07:14 AM
Ducol Organics And Colours NSE SME22 Today's Movement - GMP Down100 (28.21%)Rating 4/51800078[email protected]9-Jan-202311-Jan-202319-Jan-202319-Jan-2023 08:12:49 AM
Eastern Logica Infoway BSE SME2 Today's Movement - GMP Down227 (0.89%)Rating 1/5-225[email protected]5-Jan-20239-Jan-202317-Jan-202317-Jan-2023 08:09:33 AM
Chaman Metallics NSE SME29 Today's Movement - GMP Down67 (76.32%)Rating 5/55500038[email protected]4-Jan-20236-Jan-202316-Jan-202316-Jan-2023 08:08:25 AM
SVS Ventures BSE SME-4
(Discount) Today's Movement - GMP Up
16 (-20.00%)Rating 1/5-20[email protected]30-Dec-20224-Jan-202312-Jan-202312-Jan-2023 08:09:42 AM
Sah Polymers IPO10 Today's Movement - GMP No Change75 (15.38%)Rating 3/5-65[email protected]30-Dec-20224-Jan-202312-Jan-202312-Jan-2023 08:45:00 AM
Rex Sealing and Packing Industries BSE SME-8
(Discount) Today's Movement - GMP Up
127 (-5.93%)Rating 1/5-135[email protected]30-Dec-20224-Jan-202312-Jan-202312-Jan-2023 08:09:31 AM
Anlon Technology Solutions NSE SME60 Today's Movement - GMP Down160 (60.00%)Rating 5/560000100[email protected]29-Dec-20222-Jan-202310-Jan-202310-Jan-2023 08:10:55 AM
RBM Infracon NSE SME13 Today's Movement - GMP Up49 (36.11%)Rating 4/51500036[email protected]23-Dec-202227-Dec-20224-Jan-20234-Jan-2023 08:56:26 AM
Radiant Cash Management IPO6 Today's Movement - GMP No Change105 (6.06%)Rating 2/5-99[email protected]23-Dec-202227-Dec-20224-Jan-20234-Jan-2023 07:00:08 AM
Homesfy Realty NSE SME25 Today's Movement - GMP Up222 (12.69%)Rating 3/5-197[email protected]21-Dec-202223-Dec-20222-Jan-20232-Jan-2023 07:48:56 AM

What is Grey Market Premium(GMP)?

Explanation of Grey Market Premium in simple points:

  • Grey Market is an unofficial market for the Pre IPO.
  • GMP is premium per share.
  • Kostak is premium per application.
  • Sub 2 is premium for the allotted application.
  • As GMP is unofficial, thus there are no regulatory (No Rules and Regulations).
  • All transaction for GMP is done in cash.
  • No written communication for Grey Market, small slips of paper is the contract.
  • There is no official dealer - All buying and selling through word of mount and trust only.
  • The higher GMP means a higher possibility of IPO getting listed at a bumper price.
  • GMP activity can start before the price band announcement.
Disclaimer from Admins as per SEBI norms: Equity Investment are subject to 100% market risks. Refer your financial consultant advice before Investing. This group is only for Educational and Learning, Knowledge Purposes. Admins have no responsibility for your intended decision & financial losses. Keep calculated & always analyzed your cash position and risk-bearing capacity before following msg of our group.

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This is a growing concern from many SME IPO investors that we have applied in many SME IPOs but we have not got a single allotment. Are we doing something wrong? Do we need to use any other process to apply in SME IPO? To understand this let's understand this with a simple example.

Let's take the example of ABC SME IPO (All calculation is just to show number, maybe some minor difference in the actual calculation.)

  • The size of SME IPO is - Say 20 Cr.
  • 50% HNI and 50% Retail quota.
  • Lot Size: approx 1200
  • IPO Price: Assume Rs 100
  • 1 Retail Application amount: Rs 1,20,000

With the above example for a 20 Cr IPO

  • Total Lots: 1666 (Approx)
  • Retail: 833 (1 lot each)
  • HNI: 416 (2 lots applications)

With this one can understand what will be your probability of getting this SME IPO.

In conclusion, the size of SME IPO is very small and lot size is very big (1,20,000) so the numbers of allottees are very less.

Where Mainboard IPO is the complete opposite of SME IPO – Size of IPO – BIG and Lot Size – Small (1K), So the numbers of allottees are much higher.

A second point is the number of times IPO oversubscribe.


GMP is traded over the counter through GMP dealers. The GMP seller only means that there is no buyer in the GMP market. This is similar to the lower circuit where there are sellers but no buyers. This situation can be caused by low IPO subscription, overselling, or negative market sentiment. This means that the listing can be at par or below the GMP price. One should consider this as a negative point.

This scenario may be temporary and may change before the day of listing. Therefore, one should always check the fundamentals and business model of the company before applying.


For every seller, there must be a buyer in the market. The same is true in the GMP market. But at some point, there are only buyers and no sellers. In the stock market, we call this the upper circuit. The same thing can happen in the GMP market if no investor is willing to sell their application. They expect a better return on the day of listing or want to hold it for a long time. One should consider this as a positive point.


User Reviews

172. Harish Dec 12 2022 07:04:53 PM Reply
I have having issue to apply IPO from net banking from sbi. It''s saw message your pan number not mapped with this account ..
Anyone facing this issue.
If any one have solution for this please update.
172.1. PRABHAT G SHARMA Dec 13 2022 01:25:32 PM
Me also facing the same problem. Visited the branch also but nothing resolved. They are asking to wait
172.2. harish Dec 13 2022 05:38:02 PM
if any one have solution/suggestion for this , please mention will be very helpful
172.3. Anil Jan 06 2023 11:14:25 PM
If you a demat account with a brokerage firm other than sbi then you will have to register as an individual in the site of sbi net banking.
This is a one time procrss and you shall be eligible to apply for any IPO through net banking of SBI using ASBA route present under the name of e-services in net banking page.
172.4. Trader Jan 09 2023 10:34:11 AM
Update your Bank Profile with same name as it appears on PAN Card. These days, can''t apply from Relative Account or so. In individual own case, PAN has to be quoted correctly.
172.5. sunil khandal Jan 09 2023 11:06:31 AM
go to your branch with your PAN copy and ask them to update the same in account. I was also facing this problem and when I went with copy, its resolved in one day
172.6. KORI Prem Jan 16 2023 11:22:40 PM
You go to the bank and get your PAN updated, tell them to update my PAN card again in the account and check that your Aadhaar card is linked to the PAN card, if it is not, then it will be linked.
172.7. acb Jan 19 2023 02:15:34 PM
Please verify and confirm that your PAN no in Demat account and in your net banking account is same. Different number in Demat and Net banking account will not permit you to apply as per SEBI rule.
172.8. Bharath Feb 24 2023 08:19:28 PM
Sir apply using upi on phone pe
172.9. DHANPAT RAJ JAIN Mar 09 2023 02:40:54 PM
yes i have also facing the same problem , Branch manager also helpless , ask me to submit hard copy of IPO form at branch
172.10. Boyani Mar 15 2023 04:24:16 AM
Try to apply through sbi yonolite. Ipo can be applied at requests.

172.11. Vinay Jain May 02 2023 11:21:12 AM
Perfect listing for Quicktouch Technologies. This is one of the best listing of SME IPO in last few months. Well done guys.
171. Vijay Mar 10 2023 11:03:19 AM Reply
Divgi TorqTransfer Systems and Global Surfaces both operate with decent GMP, but both try to confuse investors by stating fixed GMP on some websites. In reality, Divgis GMP is between 4% and 7% and Global Surfaces is between 25% and 30%. I am not sure why popular websites support such companies.
170. Manoj Feb 27 2023 12:10:31 PM Reply
GMP is not an indication of company''s performance; I have seen many company''s GMP before listing soaring high but at the time of listing, they fall flat. Similarly those companies, which did not have a good GMP, still they listed on high premium. Moreover one need to see the backbone of business, check out the various ratios, revenues, PAT and promoter.
169. Sandeep Verma Feb 08 2023 02:50:44 PM Reply
I applied almost more than 30 sme ipos so far. But no sme ipo allotted. is there any reason other than more subscription of the sme ipos
169.1. Bharath Feb 24 2023 08:17:57 PM
Brother sme literally only 5 to 10 crore worth of shares will be given between 1000 people approximately . And the subscription will be around 100 times maybe . So the chance of you getting is literally less than 1%. Better put your money in bank .
168. Adarsh Shah Feb 21 2023 01:00:42 PM Reply
I want to give 2 application of macfos sme on subject to basis anyone interested please contact me
167. CA Sachin Feb 21 2023 12:45:19 PM Reply
Hello All, the last 4 SME IPOs were listed below the GMP price. SME IPO, where the GMP is above 50% must be considered as valid candidates. Below 20% is 100% risk. Do not blindly apply on GMP.
166. MAHENDRA SOLANKI Jan 31 2023 11:34:35 AM Reply
I applied almost more than 45 sme ipos so far. But no sme ipo allotted. is there any reason other than more subscription of the sme ipos ?
165. CA Sachin Jan 27 2023 04:12:27 PM Reply
GMP update - No trade in Adani FPO. Dont apply in any category till Monday.
164. Kunal Singh Jan 21 2023 09:41:55 AM Reply
Adani Ent FPO is special case - Share is going to list with Adani Ent PP which is diffrent from Adani Ent share price.

Price band is : 1556-1638
For Retail : 1574/- (Discount of Rs 64)
For HNI : 1638/-

Current GMP of Rs 65/70 is with referance to price of 1638.
163. Kewal krishan Gupta Jan 20 2023 10:05:17 AM Reply
No allotment in SME since long