“Gray Market Premium” refers to the difference between the price at which a company’s shares are trading in the unofficial or secondary market, often known as the grey market, and the price at which the shares were initially offered in an initial public offering (IPO) or another primary market offering.
The grey market premium indicates the market’s perception of the value of the company’s shares before they are officially listed on a stock exchange. It can fluctuate based on various factors such as demand, supply, market sentiment, and the company’s prospects.
Investors and traders closely monitor the grey market premium as it can provide an indication of the potential listing price and the demand for the shares. A high grey market premium suggests strong investor interest, while a low or negative premium may indicate weaker demand.
It’s important to note that grey market trading is unofficial and carries higher risks compared to trading on a regulated stock exchange. Investors should exercise caution and consider professional advice before participating in grey market trading.
Here, you can get the latest ipo gmp ( latest IPO gray market premium) of upcoming IPO.
Latest IPO Gray Market Premium Today (IPO GMP today)
IPO | PRICE | OPEN | CLOSE | LISTING | GMP ₹ | UPDATE |
Juniper Hotels IPO | 360 | 21-02-2024 | 23-02-2024 | 28-02-2024 | 10 | 17 Feb 24 |
Vibhor Steel Tubes | 151 | 13-02-2024 | 15-02-2024 | 20-02-2024 | 140 | 17 Feb 24 |
Yatharth Hospital IPO | 300 | 26-Jul-2023 | 28-Jul-2023 | 07-Aug-2023 | 78 | 23 JUL 23 |
Netweb Technologies India IPO | 500 | 17-Jul-2023 | 19-Jul-2023 | 27-Jul-2023 | 360 | 21 JUL 23 |
Utkarsh Small Finance Bank IPO | 25 | 12-Jul-2023 | 14-Jul-2023 | 24-Jul-2023 | 16 | 11 JUL 23 |
Senco Gold IPO | 317 | 4-Jul-2023 | 6-Jul-2023 | 14-Jul-2023 | 130 | 11 JUL 23 |
Cyient DLM IPO | 265 | 27-Jun-2023 | 30-Jun-2023 | 10-Jul-2023 | 155 | 07 JUL 23 |
ideaForge Technology IPO | 672 | 26-Jun-2023 | 30-Jun-2023 | 7-Jul-2023 | 525 | 07 JUL 23 |