Stay ahead with real-time updates on Grey Market Premiums (GMP), Kostak rates, and subject-to rates for all major IPOs in India. This feed is updated multiple times a day to bring you the latest insider trends, investor sentiment, and potential listing gain estimates.
Updated on August 8, 2025 @ 11.30 am
Mahendra Realtor SME IPO | Opens on 12 Aug | ||||
IPO Detail | GMP | Subject to | Allotted rates | ||
Size | Rs.46.97 Cr. | – | – | Per lot | – |
Price | Rs.85 | HNI | – | ||
Lot | 1600 Shares | Lead Manager | |||
Open | 12.08 | Fasttrack Finsec | |||
Close | 14.08.2025 | Discussion | |||
Allotment | 18.08.2025 | ||||
Listing | 20.08.2025 | ||||
Ragaal Resources GMP updates | Opens on 12 Aug | |||||
IPO Detail | GMP | Appli. Rates |
Subject to | |||
Size | Rs.306 Cr. | Buy | Sell | |||
Price | Rs.102 | 17 | 19 | |||
Lot | 144 Shares | Retail | – | 2000 | ||
Open | 12.08.2025 | S HNI | 28000 | |||
Close | 14.08.2025 | B HNI | – | 28000 | ||
Allotment | 18.08.2025 | |||||
Listing | 20.0.2025 | |||||
Discussion: | ||||||
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Icodex Publishing SME IPO | Opens on 11 Aug | ||||
IPO Detail | GMP | Subject to | Allotted rates | ||
Size | Rs.39.93 Cr. | 0 | – | Per lot | – |
Price | Rs.102 | HNI | – | ||
Lot | 1200 Shares | Lead Manager | |||
Open | 11.08 | Indcap Advisors | |||
Close | 13.08.2025 | Discussion | |||
Allotment | 14.08.2025 | ||||
Listing | 19.08.2025 | ||||
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Bluestone GMP updates | Opens on 11 Aug | |||||
IPO Detail | GMP | Appli. Rates |
Subject to | |||
Size | Rs.1540.65 Cr. | Buy | Sell | |||
Price | Rs.517 | 15 | 17 | |||
Lot | 29 Shares | Retail | – | 400 | ||
Open | 11.08.2025 | S HNI | 5600 | |||
Close | 13.08.2025 | B HNI | – | 5600 | ||
Allotment | 14.08.2025 | |||||
Listing | 19.0.2025 | |||||
Discussion: | ||||||
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Medisteps NSE GMP updates | Opens on 8 Aug | ||||
IPO Detail | GMP | Subject to | Allotted rates | ||
Size | Rs.85.73 Cr. | 12 | 13700 | Retail | – |
Price | Rs.43 | HNI | – | ||
Lot | 1500 Shares | Lead Manager | |||
Open | 08/08 | Fasttrack Finsec | |||
Close | 12.08.2025 | Discussion | |||
Allotment | 13.08.2025 | ||||
Listing | 18.08.2025 | ||||
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Connplex Cinemas NSE GMP updates | IPO is open | ||||
IPO Detail | GMP | Subject to | Allotted rates | ||
Size | Rs.85.73 Cr. | 31 | 18800 | Retail | – |
Price | Rs.177 | HNI | – | ||
Lot | 800 Shares | Lead Manager | |||
Open | 07.08 | Beeline Capital | |||
Close | 11.08.2025 | Discussion | |||
Allotment | 12.08.2025 | ||||
Listing | 14.08.2025 | ||||
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All Time Plastics GMP updates | IPO is open | |||||
IPO Detail | GMP | Appli. Rates | Subject to | |||
Size | Rs.3600 Cr. | Buy | Sell | |||
Price | Rs.275 | 24 | 26 | |||
Lot | 54 Shares | Retail | – | 1000 | ||
Open | 7.08.2025 | S HNI | – | 14000 | ||
Close | 11.08.2025 | B HNI | – | 14000 | ||
Allotment | 12.08.2025 | |||||
Listing | 14.08.2025 | |||||
Discussion: | ||||||
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❌ JSW Cement IPO — Why You Might Avoid It
JSW Cement GMP updates | IPO is open | |||||
IPO Detail | GMP | Appli. Rates | Subject to | |||
Size | Rs.3600 Cr. | Buy | Sell | |||
Price | Rs.147 | 2 | 4 | sellers | ||
Lot | 102 Shares | Retail | 200 | 300 | ||
Open | 7.08.2025 | S HNI | 600 | 4000 | ||
Close | 11.08.2025 | B HNI | 2500 | 4000 | ||
Allotment | 12.08.2025 | |||||
Listing | 14.08.2025 | |||||
Discussion: Premium has declined sharply since our Review. May decline to nil | ||||||
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Highway Infrastructure GMP updates | Allotment today | |||||
IPO Detail | GMP | Appli. Rates | Subject to | |||
Size | Rs.130 Cr. | Buy | Sell | |||
Price | Rs70 | 35 | 37 | |||
Lot | 211 Shares | Retail | – | 6400 | ||
Open | 5.08.2025 | S HNI | – | 89800 | ||
Close | 7.08.2025 | B HNI | 2000 | 89800 | ||
Allotment | 8.08.2025 | |||||
Listing | 12.08.2025 | |||||
Discussion: Rates are live but absolutely no volume. | ||||||
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Aradhaya Disposable NSE GMP updates | Credit of shares | ||||
IPO Detail | GMP | Subject to | Allotted rates | ||
Size | Rs.45.10 Cr. | – | Retail | – | |
Price | Rs.116 | HNI | – | ||
Lot | 1200 Shares | Lead Manager | |||
Open | 04.08 | Khambatta Securities | |||
Close | 06.08.2025 | Discussion | |||
Allotment | 07.08.2025 | ||||
Listing | 11.08.2025 | ||||
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Essex Marine BSE GMP updates | Credit of shares | ||||
IPO Detail | GMP | Subject to | Allotted rates | ||
Size | Rs.21.86 Cr. | – | – | Per lot | – |
Price | Rs.54 | – | |||
Lot | 2000 Shares | Lead Manager | |||
Open | 04.08 | Khandwala Securities | |||
Close | 06.08.2025 | Discussion | |||
Allotment | 07.08.2025 | ||||
Listing | 11.08.2025 | ||||
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Bhadora Industries NSE GMP updates | Credit of shares | ||||
IPO Detail | GMP | Subject to | Allotted rates | ||
Size | Rs.55.61 Cr. | 1 | 900 | Per lot | – |
Price | Rs.103 | – | |||
Lot | 1200 Shares | Lead Manager | |||
Open | 04.08 | Unistone Capital | |||
Close | 06.08.2025 | Discussion | |||
Allotment | 07.08.2025 | ||||
Listing | 11.08.2025 | ||||
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BLT Industries BSE GMP updates | Credit of shares | ||||
IPO Detail | GMP | Subject to | Allotted rates | ||
Size | Rs.9.72 Cr. | 25 | 30400 | Per lot | – |
Price | Rs.75 | – | |||
Lot | 1600 Shares | Lead Manager | |||
Open | 04.08 | Beeline Capital | |||
Close | 06.08.2025 | Discussion | |||
Allotment | 07.08.2025 | ||||
Listing | 11.08.2025 | ||||
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Parth Electricals NSE GMP updates | Credit of shares | ||||
IPO Detail | GMP | Subject to | Allotted rates | ||
Size | Rs.? Cr. | 10 | 6100 | Retail | – |
Price | Rs.170 | HNI | – | ||
Lot | 800 Shares | Lead Manager | |||
Open | 04.08.2025 | Horizon Management | |||
Close | 06.08.2025 | Discussion | |||
Allotment | 07.08.2025 | ||||
Listing | 11.08.2025 | ||||
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Jyoti Global NSE IPO GMP updates | Credit of shares | ||||
IPO Detail | GMP | Subject to | Allotted rates | ||
Size | Rs33.66 Cr. | – | – | Retail | – |
Price | Rs.66 | HNI | – | ||
Lot | 2000 Shares | Lead Manager | |||
Open | 04.08.2025 | Unistone Capital | |||
Close | 06.08.2025 | Discussion | |||
Allotment | 07.08.2025 | ||||
Listing | 11.08.2025 | ||||
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Flysbs Aviation GMP updates |
Listing today |
||||
IPO Detail | GMP | Subject to | Allotted rates | ||
Size | Rs.97.36 Cr. | 240 | 109400 | Retail | – |
Price | Rs.225 | HNI | – | ||
Lot | 600 Shares | Lead Manager | |||
Open | 01.08.2025 | Vivro Financial | |||
Close | 05.08.2025 | Discussion | |||
Allotment | 06.08.2025 | ||||
Listing | 08.08.2025 | ||||
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Renol Polychem GMP updates | Listed @ Rs. 105 | ||||
IPO Detail | GMP | Subject to | Allotted rates | ||
Size | Rs.24.20 Cr. | 3 | 2700 | Retail | – |
Price | Rs.105 | HNI | – | ||
Lot | 1200 Shares | Lead Manager | |||
Open | 31.07. | Corporate Makers | |||
Close | 04.08.2025 | Discussion | |||
Allotment | 05.08.2025 | ||||
Listing | 07.08.2025 | ||||
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Cash UR Drives GMP updates | Listed @ Rs. 155 | ||||
IPO Detail | GMP | Subject to | Allotted rates | ||
Size | Rs.57.42 Cr. | 23 | 17500 | Retail | – |
Price | Rs.130 | per lot | HNI | – | |
Lot | 1000 Shares | Lead Manager | |||
Open | 31.07 | Narnolia Financial | |||
Close | 04.08.2025 | Discussion | |||
Allotment | 05.08.2025 | ||||
Listing | 07.08.2025 | ||||
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A1. Grey Market Premium (GMP) refers to the unofficial premium at which IPO shares are traded before they are officially listed on the stock exchange. It reflects investor sentiment and potential listing gains.
A2. No, grey market trading is not officially regulated by SEBI or any recognized stock exchange. It operates informally through dealers and carries risks.
A3. ‘Subject to Sauda’ is a type of grey market deal where the seller receives a fixed profit if the IPO allotment is successful. If not allotted, the deal stands cancelled.
A4. GMP is the difference between the grey market price and the issue price of an IPO share. For example, if an IPO share trades at Rs.150 in the grey market and the issue price is Rs.100, the GMP is Rs.50.
A5. No, GMP is only an indicator of market sentiment. Listing gains depend on multiple factors including market conditions, subscription levels, and fundamentals of the company.
A6. These rates are driven by demand-supply dynamics, market sentiment, and subscription trends. They can change rapidly based on new information or broader market movement.
In SME ipo subject rates given is for per lot basis to be multiply by no.of loads receive kindly confirm.
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.
Jainik Power disappointed us. Very poor listing. Not expected this much discount listing.
Admin, Patil Automation appears to be good IPO. Should I make 4 applications in HNI category?. What about returns?
Admin ji, What is your guidance about Eppletone sme IPO? Should I apply or avoid?
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?
Sir, I have bought 1000 shares of HDB financial at current premium. Should I add more? Will be profitable on listing?
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.
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
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.
Qiality of the comments were very high at this platform. No nonsence discussion just like other sites. Congratulations to the Admin.
@Sevaklal,
Aten may not bring good listing gains. No buyers in grey market. Apply with full force in Sacheerome.
Admin, Pl provide your guidance on Aten papers. Should be applied or avoided?
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.
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
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
Any updates on HDB securities application rates? When this IPO expected?
Good that admin has activated this discussion forum. It will be very useful to us.
What is your observation about Aten Papers. Earlier the IPO was postponed. No premium as of now. What to do?
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.
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.
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
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
Can someone tell me local dealer means
Offline office of online discount brokers or other thing??
Plz reply
When GMP of Belrise expected to be Live. Admin, Be first to notify us.
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.
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
Good that you provide this valuable information.