Live Grey Market Premium • Updated 31 August 2026

IPO GMP Today Live: Grey Market Premium & Allotment Tracker

Real-time unofficial Grey Market Premium (GMP) rates, Kostak rates, estimated listing gains, and direct 1-click official registrar allotment status verification for all ongoing Mainboard and SME IPOs in India.

IPO Name IPO GMP* Trend Price Band Est. Listing Date Status Last Updated
Deepa Jewellers ₹46 🟢 ₹177 ₹223 (25.99%) 1-3 September Upcoming 31 Aug, 17:19
Rays of Belief ₹30 🟢 ₹239 ₹269 (12.55%) 1-3 September Upcoming 31 Aug, 17:19
Purple Style Labs ₹28 🔴 ₹575 ₹603 (4.87%) 31-2 September Open 31 Aug, 17:19
ESDS Software ₹328 🔴 ₹429 ₹757 (76.45%) 28-1 September Open 31 Aug, 17:19
Priority Jewels ₹45 🟢 ₹200 ₹245 (22.50%) 28-1 September Open 31 Aug, 17:19
Lumino Industries ₹60 🟢 ₹82 ₹142 (73.17%) 27-31 August Open 31 Aug, 17:19
Annu Projects ₹- 🔴 ₹99 ₹99 (0.00%) 25-28 August Closed 31 Aug, 17:19
Symbiotec Pharmalab ₹205 🔴 ₹988 ₹1193 (20.74%) 24-27 August Closed 31 Aug, 17:19
Hy-Tech Engineers ₹40 🔴 ₹53 ₹93 (75.47%) 24-27 August Closed 31 Aug, 17:19
Skyways Air Services ₹37 🔴 ₹138 ₹175 (26.81%) 24-27 August Closed 31 Aug, 17:19
Augmont Enterprises ₹290 🔴 ₹786 ₹1076 (36.90%) 21-25 August Listed @ ₹961 31 Aug, 11:00

IPO Listing Gain & Profit Calculator

Calculate your estimated listing profit per retail lot based on current Grey Market Premium (GMP) and price band cut-off.

ESTIMATED LISTING PROFIT
₹3,864
Expected Return: +25.99%
Total Investment ₹14,868
Est. Listing Value ₹18,732
Open Free Demat & Apply via Upstox

Direct 1-Click IPO Allotment Portals

Check your IPO application status directly on official SEBI-registered registrar portals using your 10-digit PAN number or Application ID.

Link Intime (MUFG)

Registrar for Deepa Jewellers, Premier Energies, etc.

Check Allotment Status

KFin Technologies

Registrar for Rays of Belief, Bajaj Housing, ESDS, etc.

Check Allotment Status

Bigshare Services

Major registrar for SME and Mainboard issues.

Check Allotment Status

NSE Bid & Allotment

Official stock exchange verification portal by PAN.

Verify on NSE

BSE Application Check

Official BSE equity & debt allotment inquiry system.

Verify on BSE

Skyline & Cameo RTA

Registrar portals for regional and emerging SME issues.

Skyline Portal

Understanding IPO Grey Market Premium (GMP) & Kostak Rates

The Grey Market Premium (GMP) represents the unofficial price premium at which equity shares of a company are negotiated between willing buyers and sellers prior to their formal listing on Indian stock exchanges (NSE and BSE). Grey market deals are conducted over-the-counter (OTC) on trust and private settlement.

A higher positive GMP indicates strong retail and institutional enthusiasm, suggesting that investors expect the share to list above its issue price band. Conversely, a negative or flat GMP indicates weak market sentiment, where the stock may list at a discount on debut day.

Statutory SEBI & Market Risk Advisory:
The Grey Market is strictly unofficial, unregulated, and has no legal backing under SEBI (Securities and Exchange Board of India) or stock exchanges. GMP numbers fluctuate hourly based on speculative rumor, market liquidity, and broader indices. Investors should never rely solely on GMP to make application decisions. Always review the fundamental financial statements, debt obligations, peer valuation (P/E multiple), and business risks disclosed in the statutory Red Herring Prospectus (RHP).

Key Grey Market Terminology Explained:

  • Grey Market Premium (GMP): The incremental rupee value quoted over and above the upper issue price per share.
  • Kostak Rate: The fixed lump-sum profit an applicant earns by selling their entire IPO application to a buyer before allotment, regardless of whether shares are allotted.
  • Subject to Sauda (SS Rate): A conditional contract where the seller receives a fixed profit only if an allotment is successfully secured.

Frequently Asked Questions (FAQ)

What is IPO GMP and how is expected listing price calculated?

IPO GMP is the unofficial premium per share quoted in the grey market. The expected listing price is calculated as: Upper Price Band + Current GMP. For instance, if an issue price is ₹177 and GMP is ₹38, the estimated listing price is ₹215 per share.

Can an IPO list at a discount despite a positive GMP?

Yes. GMP is based on informal market speculation. If the broader market (Nifty/Sensex) faces sharp corrections before listing day, or if institutional QIB subscription numbers fall below expectations, the stock may open lower than its grey market indication.

How can I check IPO allotment status using my PAN?

Select the official registrar for your IPO from the Registrar Hub above (e.g., Link Intime or KFintech), choose the company name from the dropdown, enter your 10-digit Permanent Account Number (PAN), and click Search. Your application number, bid quantity, and allotted shares will be displayed instantly.

When are unallocated ASBA funds unblocked in bank accounts?

In case of non-allotment or partial allotment, the unblocking of blocked ASBA funds is initiated by your bank on or around the Refund Initiation Date stated in the official issue timeline (usually 1 business day after allotment finalization).