IPO GMP
IPO GMP live updates

IPO GMP Live Updates Today – Grey Market Premium – Pan India

Updated on 17 Sept. 2025 @ 8.01 PM | Mainboard & SME IPOs

IPO GMP Live -Chanakya’s Insights

📊 Saatvik Green Energy (Mainboard)
Rocking in the premium market, GMP shoots upto Rs. 77 ( today morning Rs. 70 & yesterday night Rs.20) Huge churn reported across Delhi, Mumbai, Jaipur, Ahmedabad, Rajkot, Kolkata & Gandhidham

🛠️ Jinkushal (Mainboard)
Raipur-based company engaged in buying old earthmoving equipment, refurbishing and exporting them. Strong profitability profile. Premium trades started on a strong note with heavy volumes at Jaipur, Delhi, Ahmedabad and Rajkot markets 💱. Strong rise in the premium expected in a day or two

iValue (Mainboard)
Operates in the fast-growing cyber-security solutions space, with a strong business model and virtually no direct competition 📋. Grey Market Premium & Subject-to rates corrected to Rs. 15 (vs Rs. 20 in the morning).

VMS TMT (Mainboard)
On the first day of subscriptions, IPO is 8.40T subscribed. Well-entrenched local TMT manufacturer & trader, with expansion plans in pipeline 📋. Grey Market Premium & Subject-to rates is steady at Rs. 22 (vs Rs. 20 earlier).Anticipation of strong surge to Rs. 30 and then Rs. 34 in the premium. 

📢 Stay tuned with Chanakya IPO-GMP Live Tracker – the only real-time source for Grey Market Premiums, Kostak, Subject-to-Sauda & Pan-India buzz!

Next IPO GMP live update @ 8.01 AM tomorrow.Chittorgarh IPO GMP

Infosys Buyback
 
Investsment upto Rs. 2 L
Fix Rs. 10,000
After 30 Days 18% ROI
DSM Fresh Foods BSE IPO-GMP  Opens on 26 Sept.
IPO Details & Review GMP Subject to Allotted rates
Size Rs 45.04 Cr. Retail
Price Rs.102     HNI
Lot 1200 Shares Lead Manager    
Open 26.09 Narnolia Financia    
Close 30.09.2025 👉New Delhi
👉Online retailer of fresh meat and
ready-to-cook/eat non-veg products.
Allotment 1.10.2025
Listing 6.10.2025
Anand Rathi  IPO-GMP updates Coming Soon
IPO Details & Review GMP  
Appli. Rates
Subject to
Size Rs. 745 Cr. Buy Sell  
Price Rs.       
Lot  Shares     Retail
Open 23.09.2025     S HNI
Close 25.09.2025     B HNI
Allotment 26.09.2025          
Listing 30.10.2025          
👉Mumbai
👉Share broking business
Jinkushal Industries  IPO-GMP updates Opens on 25 Sept
IPO Details & Review GMP  
Appli. Rates
Subject to
Size Rs. 116.11 Cr. Buy Sell  
Price Rs. 121 50 52      
Lot 120 Shares     Retail 4700
Open 25.09.2025     S HNI 65,800
Close 29.09.2025     B HNI 65,800
Allotment 30.09.2025          
Listing 3.10.2025          
👉Raipur Chattisgarh
👉Refurbishing of  Earthmoving equipments.
BharatRohan BSE IPO-GMP  Opens on 23 Sept.
IPO Details & Review GMP Subject to Allotted rates
Size Rs 45.04 Cr. Retail
Price Rs.85     HNI
Lot 1600 Shares Lead Manager    
Open 23.09 Smart Horizone    
Close 25.09.2025 👉New Delhi
👉Agritech Solution provider
Allotment 26.09.2025
Listing 30.09.2025
Aptus Pharma BSE IPO-GMP  Opens on 23 Sept.
IPO Details & Review GMP Subject to Allotted rates
Size Rs 13.02 Cr. Retail
Price Rs.70     HNI
Lot 2000 Shares Lead Manager    
Open 23.09 Interactive Financials    
Close 25.09.2025 👉Ahmedabad
👉Marketing of Pharma products
Allotment 26.09.2025
Listing 30.09.2025
Atlanta Electricals  IPO-GMP updates Opens on 22 Sept
IPO Details & Review GMP  
Appli. Rates
Subject to
Size Rs. 900 Cr. Buy Sell  
Price Rs. 754      
Lot 32 Shares     Retail
Open 22.09.2025     S HNI
Close 24.09.2025     B HNI
Allotment 25.09.2025          
Listing 29.09.2025          
👉Anand, Gujarat
👉leading manufacturers of power, auto and inverter duty transformers
Saatvik Green Energy  IPO-GMP updates Opens on 19 Sept
IPO Details & Review GMP  
Appli. Rates
Subject to
Size Rs. 900 Cr. Buy Sell  
Price Rs. 465 74 76      
Lot 32 Shares     Retail 1,800
Open 19.09.2025     S HNI 25,200
Close 23.09.2025     B HNI 25,200
Allotment 24.09.2025          
Listing 26.09.2025          
👉Ambala Haryana
👉manufacturing of solar modules, also catering to EPC projects.

Chittorgarh IPO GMP

G K  Energy  IPO-GMP updates Opens on 19 Sept
IPO Details & Review GMP  
Appli. Rates
Subject to
Size Rs. 464.26 Cr. Buy Sell  
Price Rs. 153 44 46      
Lot 98 Shares     Retail 3400
Open 19.09.2025     S HNI 47600
Close 23.09.2025     B HNI 47600
Allotment 24.09.2025          
Listing 26.09.2025          
👉Ambala Haryana
👉manufacturing of solar modules, also catering to EPC projects.
iValue Infosolutions  IPO-GMP updates Opens on 18 Sept
IPO Details & Review GMP  
Appli. Rates
Subject to
Size Rs. 560.29 Cr. Buy Sell  
Price Rs. 299 14 16      
Lot 50 Shares     Retail 600
Open 18.09.2025     S HNI 8400
Close 22.09.2025     B-HNI   8400
Allotment 23.09.2025          
Listing 25.09.2025          
👉Bengaluru
👉focused on enterprise digital transformatio
J D Cables BSE IPO-GMP  Opens on 18 Sept.
IPO Details & Review GMP Subject to Allotted rates
Size Rs 91.19 Cr. 30 18,200 Retail
Price Rs.152     HNI
Lot 800 Shares Lead Manager    
Open 18.09 GYR Capital    
Close 22.09.2025 👉West Bengal
👉manufacturing of high-quality cables and conductors
Allotment 23.09.2025
Listing 25.09.2025
VMS TMT  IPO-GMP updates Opens today
IPO Details & Review GMP  
Appli. Rates
Subject to
Size Rs. 148.50 Cr. Buy Sell  
Price Rs.99 22 24      
Lot 150 Shares     Retail 230 2,600
Open 17.09.2025     S HNI 36,400
Close 19.09.2025     B HNI 36,400
Allotment 22.09.2025          
Listing 24.09.2025          
👉HO-Ahmedabad
👉Manufactures & sells TMT bars
Sampat Aluminium BSE IPO-GMP  Opens today
IPO Details & Review GMP Subject to Allotted rates
Size Rs 30.53 Cr. 22 20,100 Retail
Price Rs.120     HNI
Lot 1200 Shares Lead Manager    
Open 17.09 GYR Capital    
Close 19.09.2025 👉Gandhinagar, Gujarat
👉Manufacturing of Alluminium
Wire rods & wires
Allotment 22.09.2025
Listing 24.09.2025
Euro Pratik IPO-GMP updates IPO is open
IPO Details & Review GMP  
Appli. Rates
Subject to
Size Rs. 451.32 Cr. Buy Sell  
Price Rs. 235-247 4 6      
Lot 60 Shares     Retail
Open 16.09.2025     S HNI
Close 18.09.2025     B HNI
Allotment 19.09.2025          
Listing 25.09.2025          
👉HO-Ahmedabad
👉Marketing of decorative wall panel and decorative laminates
TechDefence NSE IPO-GMP  Closed
IPO Details & Review GMP Subject to Allotted rates
Size Rs 38.99 Cr. 195 88,900 Retail
Price Rs.193     HNI
Lot 600 Shares Lead Manager Subscribed 718.30T
Open 15.09 GYR Capital Accumulated Rs.25599 Cr.
Close 17.09.2025 👉Ahmedabad
👉Cyber security specialist
Allotment 18.09.2025
Listing 22.09.2025
L.T.Elevator  BSE IPO-GMP  Allotment today
IPO Details & Review GMP Subject to Allotted rates
Size Rs 39.37Cr. 30 36,500 Retail
Price Rs.140     HNI
Lot 1000 Shares Lead Manager Subscribed 182.95T
Open 12.09 Horizon Management Accumulated Rs.6842Cr.
Close 16.09.2025 👉Kolkatta W.B.
👉Manufactures Elevators, Manual Elevators and Semi-Automatic Elevator
Allotment 17.09.2025
Listing 20.09.2025
Airfloa Rail  BSE IPO-GMP  Listing on 18 Sept
IPO Details & Review GMP Subject to Allotted rates
Size Rs 86.53 Cr. 170 129,200 Retail
Price Rs.140     HNI
Lot 1000 Shares Lead Manager Subscribed 301.52T
Open 11.09 GYR Capital Advisors Accumulated 26091Cr.
Close 15.09.2025 👉Chennai based,
👉Manufactures components for Rail coach
Allotment 16.09.2025
Listing 18.09.2025

Quicklinks

What is IPO GMP?

Key Terms Explained in Simple Words
Grey Market: An unofficial market where IPO shares are bought and sold before listing. It operates outside SEBI’s regulations.
GMP (Grey Market Premium): The premium per share that buyers are willing to pay in this market.
Kostak Rate: The premium per application, irrespective of allotment.
Sub2 / Sub2 Sauda: The premium paid for a fully allotted application.

How the Grey Market Works

All deals are based on word of mouth and mutual trust.
Transactions are generally in cash only; there is no official record.
Contracts, if any, are written on small slips of paper – purely informal.
There are no official dealers or regulatory bodies overseeing it.

Why is GMP Important?

A higher GMP usually signals strong demand and increases the chances of the IPO getting listed at a bumper price.
However, since this market is unofficial, prices can be volatile and speculative.
Fire Rating is another measure of IPO popularity – it indicates how attractive the IPO is expected to be in terms of returns.

When Does GMP Start?

GMP activity can begin even before the price band is announced.
It often reflects market sentiment and gives an early idea about possible listing gains.

IPO GMP Today

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28 Comments on “IPO GMP live updates

  1. M.L.JAIN

    In SME ipo subject rates given is for per lot basis to be multiply by no.of loads receive kindly confirm.

    1. admin Post author

      Subjet to rates are per lot. So If you apply for 3 lots and you wish to sell all 3 lots, you will get amount equal to (Subject to ratex 3 ). WE hope this clarifies your querry.

  2. Rashmi Shah Mumbai

    Jainik Power disappointed us. Very poor listing. Not expected this much discount listing.

  3. Jitendra Jani, Mumbai

    Admin, Patil Automation appears to be good IPO. Should I make 4 applications in HNI category?. What about returns?

  4. Maulik Sheth, Mumbai

    Admin ji, What is your guidance about Eppletone sme IPO? Should I apply or avoid?

  5. Vijay Sahani, Jaipur

    I plan to invest large amounts in the IPOs of HDF and also Kalpataru. What will the return in both the IPOs? Can any body indicate?

  6. Mukesh Ramnath, Jamnagar

    Sir, I have bought 1000 shares of HDB financial at current premium. Should I add more? Will be profitable on listing?

  7. Ketan Patel,Surat

    Your coverage of Oswal pumps is excellent and you have clearly mentioned about the tender business on which this company relies. On the tender is gone, the business will collapse. I fully agree.

  8. Kishore Patel, Vadodara

    best feature of your grey market page is active rates. Many other websites give rates for which there is no trading, whereas you specifically indicate that there is no trading for this IPO. It gives correct indication about the IPO

  9. Manohar Seshan, Pune

    I have been using your website since last 4 years and all along you have provided very useful information. Recent changes in GMP page is welcome and covers all the useful data including subscription status. All the best and congratulation for improvements.

  10. CA Suresh Doshi, Satara

    Qiality of the comments were very high at this platform. No nonsence discussion just like other sites. Congratulations to the Admin.

  11. Nilanjal Goyal, Pune

    @Sevaklal,

    Aten may not bring good listing gains. No buyers in grey market. Apply with full force in Sacheerome.

  12. V.P Unnad, Bangalore

    Admin sir, Happy that you have activated this discussion platform. The readers were awaiting to be active on your site. All the best
    Do provide IPO guidance by Sonam Singh, Delhi. Her opinions were upto the mark.

  13. Ajajy Singh, Chandigadh

    Sacheerome premium buying has been impressive. Tomorrow on the last day of subscription hige oversubscription expected. Even Chanakya expert has recommended this IPO strongly. Must apply IPO. Premium to move up

  14. Anurag Prakash, Kolkatta

    No fancy or buyers seen in grey market for Monolithisch IPO. Hem SEcurities may not bring good subscription this time. Even during last 2/3 issues, there performance has been unimpressive.
    Premium to issue price ratio is good. May avoid

  15. Bhanwar Sheth, Delhi

    Good that admin has activated this discussion forum. It will be very useful to us.

  16. Uttam Singh, Delhi

    What is your observation about Aten Papers. Earlier the IPO was postponed. No premium as of now. What to do?

  17. Resham Kush, Udaipur

    Sacheeram has strong business and large profits. The premium and subject to rates are justified. I expect bumper subscription on Wednesday.
    All the best to premium-buyers in this IPO.

  18. Rajiv Ghana, Jaipur

    Most of the business of Oswal Pumps is from government schemes and if such business goes, then the company is in soup. May not generate good profits. Risky
    Not recommended.

  19. Vikas Patel, Anand

    No, Sujal,

    You are wrong. There is no short sell caught. It is gimmick of the operator, sice the price of this IPO is very high, the chance of oversubscription is very low and hence it is gimmick to attract the investors. Negative listing is expected by me

  20. Sujal Shah, Mumbai

    sir, Welcome decision to activate this group. I used to get useful information and guidance on grey market through your platform.
    Oswal pumps, the premium is not large but short selling is caught and strong buying at this counter is seen since Tuesday morning. Premiuma and subject to rates to move up

  21. Raj

    Can someone tell me local dealer means
    Offline office of online discount brokers or other thing??

    Plz reply

  22. Uttam Singh, Delhi

    When GMP of Belrise expected to be Live. Admin, Be first to notify us.

  23. Resham Kush, Udaipur

    GMP of Virtula is expected to decline. The IPO has no fundamental attraction and profits are highly inflated. Already before the IPO opens, the subject to rates are down.

  24. Rajvir Ghana, Mumbai

    Admin Sir,
    Good that you have started discussion platform hear. It will be very interesting and informative.
    Congratulation. I invite all the GMP players to actively participate

Comments are closed.