SME IPO Listing Price Estimates

SME IPO Listing Estimates

The Live listing estimates provided below can be highly useful for investors. They help you plan in advance whether to hold, book listing gains, or exit the allotted shares. A careful look at these estimates will enable you to make informed and timely decisions on the listing day.

Updated: 6.00 PM, 24 December 2025

Marc Technocrats SME IPO – Listing Price Estimate (Issue Price: Rs. 93)

Marc Technocrats SME IPO witnessed strong all-round subscription of 9.87x, with QIB at 9.51x, NII at 8.99x and RII at 10.75x, indicating broad-based demand and healthy application depth (12,195 applications).
Despite robust subscription, grey market premium (GMP) is negative at around Rs. (-2), reflecting cautious near-term sentiment and limited speculative interest.
The IPO is managed by Narnolia Financial Services Ltd, which enjoys a strong SME track record with 12 positive listings out of 13 in 2025, lending credibility to execution and post-listing support.
Given the decent demand but muted GMP, listing is likely to be around issue price to slightly lower.

Estimated Listing Price: Rs. 90 – Rs. 93
Listing Outlook: Flat to marginally soft
Medium-term view: Dependent on post-listing liquidity and earnings visibility rather than GMP cues alone.

Global Ocean Logistics SME IPO – Listing Price Estimate

Global Ocean Logistics SME IPO (Issue Price: Rs. 78) has closed with a strong overall subscription of 13.64x, led by heavy NII demand at 29.47x, while RII subscribed 11.90x and QIB participation stood at a reasonable 4.77x, indicating healthy non-institutional interest.
The issue size is modest at Rs. 30.41 crore, which generally supports post-listing liquidity.
However, current GMP is NIL, suggesting absence of aggressive grey-market speculation ahead of listing.
The IPO is managed by Marwadi Chandarana Intermediaries Brokers Pvt. Ltd, which has delivered 4 positive listings out of 6 SME IPOs (success ratio ~67%), with average post-listing performance of around 24%.
Given the strong subscription but neutral GMP, listing is expected to be close to the issue price.

Estimated Listing Price: Rs. 76 – Rs. 80
Listing Outlook: Flat to marginally positive; upside will depend on early secondary market demand.

Neptune Logitek – Listing Price Estimate

With no grey-market premium (GMP: Rs. 0) and an overall subscription of 1.61x, the listing outlook remains muted.
Demand was retail-led (RII 2.90x), while NII participation stayed weak (0.32x) and QIB participation was absent, indicating limited institutional confidence.
Such a mix typically caps listing enthusiasm for SME issues.
At an issue price of Rs. 126, Neptune Logitek is likely to list around Rs. 120–130, broadly at par to marginally negative/flat.
Any upside beyond issue price looks unlikely unless post-listing volumes improve.

K V Toys SME IPO— Listing Estimate

K V Toys witnessed extraordinary subscription of 332.37×, driven by massive NII demand at 491.43× and strong QIB participation at 184.61×.
Retail response was equally aggressive at 346.87×, reflecting widespread speculative interest.
With 1,98,388 applications, the issue saw intense crowd participation across categories.
The issue price is Rs. 239, while the latest GMP stands at Rs. 130, indicating very strong grey-market confidence.
Based on demand intensity and GMP strength, the listing is expected to be sharply positive, with price discovery likely well above the issue price at around Rs. 345/350.
Overall sentiment remains extremely bullish, though volatility on listing day cannot be ruled out.

Prodocs Solutions SME IPO- Listing Estimate

Prodocs Solutions saw a modest overall subscription of 2.66×, indicating selective investor interest.
QIB participation remained subdued at 1.59×, while NII subscription at 4.61× provided limited support.
Retail demand at 2.38× suggests cautious participation rather than aggressive chasing.
Only 921 applications were received, reflecting low speculative interest.
The issue price is Rs. 138, and the GMP is currently nil, showing no grey-market traction.
The IPO is likely to see a near-cost listing, with limited upside expected at debut.

Riddhi Display Equipments SME IPO – Listing Estimate

Riddhi Display Equipments closed with a healthy overall subscription of 4.91×, led by strong retail demand at 7.95×.
QIB and NII participation remained moderate at 2.19× and 1.92×, respectively.
A total of 4,262 applications were received, indicating fair retail-driven interest.
The issue price is Rs. 100, while the GMP is currently at Rs. 0, suggesting neutral grey-market cues.
Despite decent subscription, absence of GMP points to limited listing gains visibility.
The IPO is expected to list around the issue price marginally below the issue price, unless secondary-market sentiment improves closer to listing.

 

SME IPO Listing EstimatesFAQs for Listing Estimate Post

Q1. What is a listing estimate?

A listing estimate is the projected price range at which the IPO shares are likely to list on the stock exchange, based on company fundaments, demand, grey market trends, and market sentiment.

Q2. How reliable are these listing estimates?

Listing estimates are prepared using available grey market data, subscription levels, and overall market mood. While they give a fair idea, actual listing prices may differ due to last-minute market fluctuations.

Q3. How should investors use listing estimates?

Investors can use listing estimates to plan their strategy in advance—whether to sell immediately for listing gains, hold for long-term growth, or wait for post-listing price stability.

Q4. Do listing estimates guarantee profits?

No, listing estimates are only indicative and not a guarantee of profit. Market conditions, institutional demand, and global cues on the listing day can impact the final price.

Q5. Can retail investors depend solely on listing estimates?

While useful, investors should not depend only on listing estimates. It’s advisable to consider company fundamentals, long-term growth prospects, and personal risk appetite before making a decision.

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