Last Updated: 12 May 2026 | 9.30 PM IST
Track IPO GMP Today Live for all SME & Mainboard IPOs. Latest GMP, Kostak, Subject to Sauda and listing gain estimates. Updated every hour.
Today’s Hottest IPOs
| Rank | IPO | GMP | Gain | Status |
| 1 | Goldline Pharma | Rs.18 | 41.86 | Hot |
| 2 | Simca | Rs.18 | 15.57 | Very Hot |
| 3 | Bagmane | Rs.5 | 5 | Mild |
📈 Jio IPO Update:
Reliance is reportedly restructuring the Reliance Industries / Jio Platforms IPO into a fully fresh issue with no Offer For Sale (OFS).
📝 DRHP filing is expected within the next 7–15 days.
📅 Listing timeline may shift to July.
💰 Around ₹25,000 crore could be raised mainly for debt repayment.
📊 Expected valuation may be lower than earlier estimates at around $133–154 billion.
IPO GMP Today – Live Snapshot
“Think like Chanakya: Stay calm, act smart, and play the long game.”
| IPO Name | GMP | Offer | Est. | Exp. | Hotness |
| Price | Listing Price | Gain | |||
| (Rs.) | (Rs.) | (Rs.) | (%) | ||
| RFBL Flexipack | 0 | 50 | 50 | 0 | Neutral |
| Goldline Pharmaceutical | 18 | 43 | 61 | 41.86 | Very Hot |
| Simca Advertising | 18 | 183 | 201 | 9.84 | Hot |
| Bagmane Reit | 5 | 100 | 105 | 5 | Mild |
| Recode Studios | 42 | Listed @ | 213.10 | 34.87 | Very Hot |
| Value360 Communication | 0 | Listed @ | 78.40 | (-)20% | Neutral |
| OnEMI Technology | 27 | Listed @ | 190 | 11.11 | Hot |
| Wipro Buyback 2026 | |||||
| Rs.2 L Application Rs.11,400 | Rs. 1 L Applica | Rs.5,700 | 30 Days | ||
| Bajaj Buyback 2026 | |||||
| Rs.2 L Application Rs.5,000 | Rs. 1 L Applica | Not Traded | 30 Days | ||
> Simca IPO Subject to ₹8700
IPO GMP Market Trend Today
| Segment | Sentiment |
|---|---|
| SME IPO GMP | Selectively Strong |
| Mainboard IPO GMP | Moderate |
| Listing Premium Trend | Volatile |
| Retail Interest | Stable |
| HNI Activity | Selective |
| Overall Grey Market | Stock-Specific |
👉 Chanakya View:
Current IPO GMP trends indicate that traders are preferring fundamentally stronger and lower-sized SME IPOs instead of blindly chasing every issue.
What is IPO GMP today?
IPO GMP today is the premium at which IPO shares trade in the unofficial grey market before listing. A higher GMP generally indicates strong investor demand and positive listing expectations.
| RFBL Flexi Pack SME IPO GMP Today | |
| Opens – Today | |
|
Parameter |
Details |
| GMP Today | Not traded |
| Subject to Sauda (S2B) | Not traded |
| Kostak Rate | Not Traded |
| Issue Size | Rs.35.33 Crore |
| PriceRs/150-158 | Rs.41-43 |
| Lot Size | 3000 Shares |
| IPO Dates | 12 May–14 May 2026 |
| Listing Date | 19-May-26 |
| 👉 Business Overview: The company is engaged in manufacturing and trading printed multilayer flexible packaging materials including plastic film rolls and pouches | |
| Goldline Pharmaceuticals SME IPO GMP Today | |
| Opens – Today | |
|
Parameter |
Details |
| GMP Today | Rs.18 |
| Subject to Sauda (S2B) | Rs. 41,000 |
| Kostak Rate | Not Traded |
| Issue Size | Rs.11.61 Crore |
| PriceRs/150-158 | Rs.47-50 |
| Lot Size | 3000 Shares |
| IPO Dates | 12 May–14 May 2026 |
| Listing Date | 19-May-26 |
| 👉 Business Overview: The company operates in the pharmaceutical marketing business under the “Goldline” brand, offering products across physician, cardiology, diabetic, pediatric | |
| Simca Advertising SME IPO GMP Today | |
| Closed Today | |
|
Parameter |
Details |
| GMP Today | Rs.18 |
| Subject to Sauda (S2B) | Rs.8,700 |
| Kostak Rate | Not Traded |
| Issue Size | Rs.58 Crore |
| PriceRs/150-158 | Rs.174-183 |
| Lot Size | 600 Shares |
| IPO Dates | 8 May–12 May 2026 |
| Listing Date | 15-May-26 |
| 👉 Business Overview: The company operates in the Out-of-Home (OOH) advertising segment, providing high-visibility branding solutions across Mumbai and Maharashtra. | |
| Recode Studios SME IPO GMP Today | |
| Listed @ Rs. 213.10 | |
|
Parameter |
Details |
| GMP Today | Rs. 42 |
| Subject to Sauda (S2B) | Rs. 25,500 |
| Kostak Rate | Not Traded |
| Issue Size | Rs.45 Crore |
| PriceRs/150-158 | Rs.150-158 |
| Lot Size | 800 Shares |
| IPO Dates | 5 May–7 May 2026 |
| Listing Date | 12-May-26 |
| 👉 Business Overview: The company operates in the beauty and personal care segment under the “Recode” brand and is positioned as an emerging omnichannel cosmetics play in India. | |
| Value360 Communications SME IPO GMP Today | |
| Listed @ Rs. 78.40 | |
|
Parameter |
Details |
| GMP Today | Rs. 0 |
| Subject to Sauda (S2B) | Rs. 0 |
| Kostak Rate | Not Traded |
| Issue Size | Rs.42 Crore |
| Price | Rs.95-98 |
| Lot Size | 1200 Shares |
| IPO Dates | 4 May–6 May 2026 |
| Listing Date | 11-May-26 |
| 👉 Business Overview: A provider of integrated marketing and PR solutions in India. | |
| OnEMI Technology IPO GMP Today | ||
| Listed @ Rs. 190 | ||
|
Category |
Kostak (Rs.) | S2B (Rs.) |
| Retail | 1,500 | Rs. 1,800 |
| S-HNI | 6,000 | Rs 25,200 |
| B-HNI | 23,000 | Rs.25,200 |
|
Parameter |
Details | |
| GMP Today | Rs. 27 | |
| Issue Size | Rs. 925.92 Cr. | |
| Price | Rs.171 | |
| Lot Size | 87 Shares | |
| IPO Dates | 30 April–8 May 2026 | |
| Listing Date | 8-May-26 | |
| 👉 Business Overview: Operates as a technology-enabled lender in India, primarily offering digital loans through its mobile applications | ||
IPO GMP Ranking Today
- Goldline Pharma – Rs18 (V. Hot)
- Simca Advertising – Rs 18 (V.Hot)
- Bagmane Reit – Rs.5 (Mild)
How to Read IPO GMP Today Correctly?
Many retail investors track IPO GMP today live to estimate possible listing gains, but grey market premium should never be treated as a guaranteed indicator.
A high IPO GMP usually indicates:
• Strong retail demand
• Positive subscription momentum
• Better listing expectations
• Active grey market participation
However, current IPO GMP can change sharply due to:
• Market volatility
• Weak global cues
• Subscription slowdown
• Institutional participation
• Listing-day profit booking
👉 Important:
Grey market premium is unofficial and unregulated. Investors should combine IPO GMP today data with IPO review, subscription status, financial analysis and valuation before investing.
IPO GMP today refers to the latest Grey Market Premium at which IPO shares are traded unofficially before listing. It indicates current market sentiment and expected listing performance of an IPO.
IPO GMP is calculated based on demand and supply in the grey market where shares are traded before listing. It reflects how much premium investors are willing to pay over the issue price.
No, IPO GMP does not guarantee listing gains. It is an unofficial indicator and can change quickly based on market conditions, subscription data and overall sentiment
Kostak rate is the fixed premium paid for an IPO application in the grey market regardless of allotment. It reflects the value of the application itself before listing.
Subject to Sauda (S2B) is a grey market transaction where the deal is valid only if IPO shares are allotted. It indicates strong demand when S2B rates are high.
IPO GMP today live can be tracked on financial websites that provide daily updates of Grey Market Premium, Kostak rates and Subject to Sauda trends for ongoing IPOs.
IPO GMP operates in the unofficial grey market and is not regulated by SEBI. Investors should treat GMP data as indicative only and not as investment advice.
IPO GMP changes daily based on subscription levels, market sentiment, institutional demand, news flow and overall stock market conditions.
The IPO with the highest GMP today is the one showing the strongest grey market demand. This typically changes daily based on market activity and investor interest.
IPO GMP should not be the only factor for investment decisions. Investors should also consider company fundamentals, valuation, subscription status and market conditions.
IPO GMP today remains one of the most searched IPO indicators in India as investors track current IPO GMP, grey market premium today, Kostak rates and Subject to Sauda before IPO listing.
Chanakya Ni Pothi updates IPO GMP live throughout the day for SME IPOs, Mainboard IPOs, REITs and upcoming listings to help investors understand changing market sentiment.
For better IPO decisions, investors should use IPO GMP together with:
• IPO subscription status
• Financial analysis
• IPO review
• Valuation comparison
• Sector outlook
• Market sentiment
Current IPO GMP Today Live – SME & Mainboard IPO Grey Market Premium Updates
Track IPO GMP today live for all upcoming SME IPOs, Mainboard IPOs, REITs and recently listed issues. Chanakya Ni Pothi provides daily updates on current IPO GMP, Kostak rates, Subject to Sauda (S2B), estimated listing gains and IPO sentiment analysis.
IPO GMP today reflects unofficial grey market demand before listing and helps traders understand current market sentiment toward ongoing IPOs. However, IPO GMP should always be analysed along with subscription data, company fundamentals, valuation and broader stock market conditions.
The current IPO GMP market remains selective, with stronger interest visible in quality SME IPOs, while several mainboard issues are witnessing muted grey market activity due to volatile secondary markets and global uncertainty.
7 Comments on “IPO GMP Today”
Any scope for further fall in I CICI GMP? I believe FIIs andDIIS will hugely oversubscribe the IPO and then sharp rally expected on listing.
True reporting of ICICI AMC grey market premium. You predicted sharp fall and same patter seen.
Your Chanakya GMP Intelligent is very detailed. Every evening I eagerly await for your report.
The way you have covered Lenskart, Sudeep Pharma and ICICI AMC gmps, it appears that GMP of most of the IPOs start from your network and that may be the reason for such accurate and fast reporting.
Is it true?
In spite of no such fancy in Groww IPO, you were confident about good lising and same patter has been observed. Congrats for your sharp analysis.
Your 8-pm Grey market report is excellent.No website provides such detailed information. Well done.
Adequate subscription not expected in Fujiyama and Capillary, since both IPOs donot have any fancy in the grey market.
Sharp volatility continues in Tenneco IPO. Bumper listing anticipated.
Some improvement in Physicswalla seen in retail category.