IPO SaathiFrom our own data
IPO GMP vs Listing Gain: How Close Was the GMP?
In short
80 IPOs have listed since 18 Sep 2026 with both a last GMP reading and a listing price. The listing gain was a median of 3.5 percentage points away from the last GMP (a mean of 8.0), and within 5 points for 48 of the 80. Of the 53 IPOs whose last GMP was above zero, 35 listed above their issue price; of the 27 whose last GMP was zero or below, 14 did. This is what happened in our data, not a forecast.
How to read this
For each IPO that has listed, this is the last GMP reading we recorded before the listing moment (9:45 AM on the listing day), as a share of the upper price band, set against the listing gain: the listing price against the issue price. The gap is the listing gain minus the GMP share, in percentage points. A GMP is an unofficial grey-market figure from public trackers, and our readings start in September 2026, so the sample is small and mixes Mainboard and SME issues. It describes the past only; it is not a forecast and not investment advice.
Every IPO in the sample
| IPO | Listed | Last GMP | Listing gain | Gap (points) |
|---|---|---|---|---|
| EAAA India Alternatives IPO | 2 Nov 2026 | +3.2% (₹54) | +0.6% | -2.6 |
| Core4 Engineers IPO | 30 Oct 2026 | +0.0% (₹0) | -20.0% | -20.0 |
| Jio Platforms IPO | 28 Oct 2026 | +22.2% (₹248) | +21.4% | -0.8 |
| Paras Healthcare IPO | 28 Oct 2026 | +1.9% (₹13) | +3.9% | +2.0 |
| Tonbo Imaging India IPO | 23 Oct 2026 | +64.3% (₹450) | +65.7% | +1.4 |
| Zetwerk Manufacturing Businesses IPO | 23 Oct 2026 | +0.7% (₹1) | +5.5% | +4.8 |
| Sahajanand Medical technologies IPO | 23 Oct 2026 | +4.9% (₹17) | +7.9% | +2.9 |
| Bonfiglioli Transmissions IPO | 23 Oct 2026 | +11.3% (₹66) | +0.0% | -11.3 |
| Shellz India IPO | 23 Oct 2026 | +3.9% (₹7) | +0.0% | -3.9 |
| Fusion CX IPO | 22 Oct 2026 | +4.7% (₹13.5) | +5.5% | +0.9 |
| Ravita Engineering Services IPO | 22 Oct 2026 | +0.9% (₹1) | +0.0% | -0.9 |
| Vaibhav Vyapaar IPO | 21 Oct 2026 | +5.6% (₹3) | -2.0% | -7.6 |
| HD Fire Protect IPO | 21 Oct 2026 | +25.8% (₹70) | +23.6% | -2.2 |
| R.K. Fashion Accessories IPO | 12 Oct 2026 | +1.8% (₹1.5) | -2.4% | -4.3 |
| Paramount Syntex IPO | 9 Oct 2026 | +0.0% (₹0) | -9.4% | -9.4 |
| TNA Solutions IPO | 9 Oct 2026 | +0.0% (₹0) | -20.0% | -20.0 |
| Acme India Industries IPO | 9 Oct 2026 | +21.9% (₹43) | +12.8% | -9.2 |
| Vishal Nirmiti IPO | 8 Oct 2026 | +0.9% (₹2) | -2.3% | -3.2 |
| Nityas Gems and Jewellery IPO | 8 Oct 2026 | +1.3% (₹1) | +6.7% | +5.3 |
| Dove Soft IPO | 8 Oct 2026 | +0.0% (₹0) | +0.3% | +0.3 |
| Omara Ventures India IPO | 8 Oct 2026 | +0.0% (₹0) | +2.6% | +2.6 |
| SJP Ultrasonic IPO | 8 Oct 2026 | +0.0% (₹0) | +10.8% | +10.8 |
| Eventions IPO | 8 Oct 2026 | +0.0% (₹0) | -5.9% | -5.9 |
| Sollfege Smart Electronics IPO | 8 Oct 2026 | +18.2% (₹10) | +89.8% | +71.6 |
| EverestIMS Technologies IPO | 8 Oct 2026 | +58.8% (₹50) | +48.2% | -10.6 |
| Shree TNB Polymers IPO | 8 Oct 2026 | +7.5% (₹4) | +13.2% | +5.7 |
| Vans Electroengineerings IPO | 7 Oct 2026 | +87.3% (₹103) | +90.0% | +2.7 |
| Black Opal Consultants IPO | 7 Oct 2026 | +4.6% (₹9) | +1.5% | -3.0 |
| Papadmalji Agro Foods IPO | 7 Oct 2026 | +0.0% (₹0) | +0.4% | +0.4 |
| Green Asia Impex IPO | 7 Oct 2026 | +0.0% (₹0) | +0.0% | +0.0 |
| Pind Hospitality IPO | 6 Oct 2026 | +1.0% (₹1) | -20.0% | -21.0 |
| Shah Investor's Home IPO | 6 Oct 2026 | +10.2% (₹17) | +2.4% | -7.8 |
| SRIT India IPO | 6 Oct 2026 | +47.7% (₹62) | +13.8% | -33.8 |
| Shivchem Agro IPO | 6 Oct 2026 | +2.4% (₹1.5) | +0.0% | -2.4 |
| Acme Universal Safezone 9 IPO | 6 Oct 2026 | +22.5% (₹16) | +42.3% | +19.7 |
| German Green Steel and Power IPO | 5 Oct 2026 | +6.8% (₹9.5) | +2.2% | -4.7 |
| Orient Cables (India) IPO | 5 Oct 2026 | +44.5% (₹121) | +65.4% | +21.0 |
| Acevector IPO | 5 Oct 2026 | +3.1% (₹1) | -11.5% | -14.6 |
| Sai Urja Indo Ventures IPO | 5 Oct 2026 | +28.3% (₹32) | +18.4% | -9.9 |
| Dudani Retail IPO | 5 Oct 2026 | +1.7% (₹0.5) | -13.8% | -15.5 |
| Bench Mark Infotech Services IPO | 5 Oct 2026 | +22.7% (₹25) | +0.0% | -22.7 |
| Himalayan Solar IPO | 5 Oct 2026 | +0.0% (₹0) | -17.5% | -17.5 |
| Runwal Enterprises IPO | 5 Oct 2026 | +0.0% (₹0) | +0.0% | +0.0 |
| Peshwa Wheat IPO | 1 Oct 2026 | +0.0% (₹0) | -0.9% | -0.9 |
| Roopa Screen IPO | 1 Oct 2026 | +65.6% (₹42) | +90.0% | +24.4 |
| Moneyview IPO | 1 Oct 2026 | +42.9% (₹14.6) | +61.8% | +18.8 |
| A-One Steels India IPO | 1 Oct 2026 | +11.6% (₹47) | +12.3% | +0.7 |
| ArMee Infotech IPO | 30 Sep 2026 | +1.6% (₹6) | +0.0% | -1.6 |
| Pooja Logistics IPO | 30 Sep 2026 | +0.0% (₹0) | +2.6% | +2.6 |
| Elevate Campuses IPO | 30 Sep 2026 | +1.8% (₹6.5) | -1.9% | -3.7 |
| S. K. Offset IPO | 30 Sep 2026 | +0.0% (₹0) | +0.8% | +0.8 |
| Unitec Fibres IPO | 30 Sep 2026 | +0.0% (₹0) | +2.3% | +2.3 |
| Liqvd Digital India IPO | 30 Sep 2026 | +0.0% (₹0) | -0.5% | -0.5 |
| Coreintegra Consulting Services IPO | 30 Sep 2026 | +0.0% (₹0) | +0.1% | +0.1 |
| Swastika Infra IPO | 30 Sep 2026 | +3.8% (₹7) | +8.1% | +4.3 |
| Adroit Industries (India) IPO | 30 Sep 2026 | +41.0% (₹55) | +75.4% | +34.3 |
| Varmora Granito IPO | 29 Sep 2026 | +0.7% (₹1) | +4.7% | +4.1 |
| Anand Seamless IPO | 29 Sep 2026 | +0.0% (₹0) | +0.1% | +0.1 |
| Himalaya Nutravedics India IPO | 29 Sep 2026 | +0.0% (₹0) | +11.3% | +11.3 |
| Vivekanand Cotspin IPO | 28 Sep 2026 | +0.0% (₹0) | +2.7% | +2.7 |
| Fx Multitech IPO | 28 Sep 2026 | +5.6% (₹6.5) | +6.1% | +0.5 |
| Robokidz Eduventures IPO | 28 Sep 2026 | +81.1% (₹86) | +90.0% | +8.9 |
| Axiom Gas Engineering IPO | 25 Sep 2026 | +0.0% (₹0) | +1.4% | +1.4 |
| SpectraA Technology Solutions IPO | 24 Sep 2026 | +47.5% (₹56) | +90.0% | +42.5 |
| National Stock Exchange of India IPO | 24 Sep 2026 | +2.9% (₹51) | +0.8% | -2.0 |
| Sonaselection India IPO | 24 Sep 2026 | +0.0% (₹0) | +3.3% | +3.3 |
| Kheria Autocomp IPO | 24 Sep 2026 | +2.0% (₹2) | +3.9% | +1.9 |
| Hero Motors IPO | 23 Sep 2026 | -2.4% (-₹2) | -2.4% | +0.0 |
| Jindal Supreme (India) IPO | 23 Sep 2026 | +31.2% (₹29) | +29.0% | -2.2 |
| Ss Retail IPO | 23 Sep 2026 | +32.3% (₹137) | +47.2% | +14.9 |
| Vama Wovenfab IPO | 22 Sep 2026 | +0.6% (₹2) | +0.0% | -0.6 |
| Shakti Polytarp IPO | 22 Sep 2026 | +6.8% (₹4) | -0.2% | -6.9 |
| Quanto Agroworld IPO | 22 Sep 2026 | +0.0% (₹0) | -0.0% | -0.0 |
| Century Business Media IPO | 21 Sep 2026 | +0.0% (₹0) | +0.0% | +0.0 |
| Injecto Polymers IPO | 21 Sep 2026 | +0.0% (₹0) | -1.0% | -1.0 |
| Manika Plastech IPO | 21 Sep 2026 | +4.7% (₹2) | +0.0% | -4.7 |
| Panchatv Bharat IPO | 18 Sep 2026 | +1.4% (₹2) | -7.9% | -9.3 |
| Veegaland Developers IPO | 18 Sep 2026 | +4.3% (₹6) | +10.0% | +5.7 |
| Raksan Transformers IPO | 18 Sep 2026 | +2.9% (₹8) | +0.0% | -2.9 |
| Om Galaxy IPO | 18 Sep 2026 | +0.0% (₹0) | +0.2% | +0.2 |