Get real-time Grey Market Premium rates for currently open IPOs that you can apply for right now. Make informed subscription decisions with our live GMP data that provides crucial insights into market sentiment and potential listing gains. Our GMP tracker is updated every 5 minutes with the latest information from the grey market to help you optimize your IPO investment strategy.
Check the latest Grey Market Premium (GMP) rates for currently open IPOs that you can apply for now. Updated every 5 minutes with real-time data.
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GMP stands for Grey Market Premium. It represents the premium at which IPO shares are traded in the grey market before they are officially listed on the stock exchange. The GMP is an unofficial indicator of the market sentiment and potential listing price of an IPO.
Formula: Expected Listing Price = Issue Price + GMP
Apply for open IPOs with multiple demat accounts and track GMP movement in real-time to maximize your chances of profit.
Open IPOs are Initial Public Offerings that are currently available for subscription by investors. During this period, which typically lasts 3-5 days, retail and institutional investors can bid for shares at prices within the specified price band.
Grey Market Premium (GMP) for open IPOs provides real-time insight into market sentiment while the subscription window is active. It helps investors gauge demand and potential listing gains before making their investment decision, with GMP fluctuations often correlating with subscription figures.
To apply for an open IPO, you need a demat account with a registered broker. You can place bids through your broker's platform, specifying the number of lots and your bid price. Applications can be made in retail, HNI, or QIB categories based on your investment amount. The Envest app allows you to apply through multiple demat accounts to increase allotment chances.
Subscription data significantly impacts GMP for open IPOs. As subscription rates increase, especially in the qualified institutional buyer (QIB) and high-net-worth individual (HNI) categories, GMP tends to rise, reflecting higher demand. Conversely, poor subscription can lead to declining GMP, indicating lower market interest.
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