New/Upcoming IPO List in India (Latest & Recent IPOs)
IPOLive.in is one of the leading IPO investment portals in India. Check out the recent IPO Dashboard. Invest in the latest IPOs of 2024. Check Grey Market Premium aka IPO GMP.
Upcoming IPO List
| Company | Overall Subscription | GMP |
|---|---|---|
| Premier Energies | 73.96x  | Today’s GMP |
| Orient Technologies Ltd | 151.68X | Today’s GMP |
| Baazar Style Retail 30-3 Sept | 0.72X | Today’s GMP |
| Saraswati Saree 12-14 Aug | 107.39X | Today’s GMP |
| Unicommerce eSolutions (TBA – TBA) | 169.26X | Today’s GMP |
| FirstCry (6 Aug – 8 Aug) | 12.22X | Today’s GMP |
| Ola Electric (2 Aug – 8 Aug) | 4.26X | Today’s GMP |
| Ceigall India (1 Aug – 6 Aug) | 13.74X | Today’s GMP |
| Akums Drugs (30 July – 1 Aug) | 63.44X | Today’s GMP |
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Biggest Among Upcoming IPOs in India (2024)
| IPO Company | Issue Size (INR) |
|---|---|
| Hyundai India | 25,000 crore |
| Bajaj Housing Finance | 7,000 crore |
| Afcons Infrastructure | 7,000 crore |
| EbixCash | 6,000 crore |
| Avanse Financial Services | 3,500 crore |
| Niva Bupa Health Insurance | 3,000 crore |
| ACME Solar | 3,000 crore |
| SK Finance | 2,200 crore |
| Asirvad Micro Finance | 1,500 crore |
The list of upcoming IPOs in 2024 is dotted with some very big names backed by venture capital and private equity firms. This latest IPO list also includes startups that are heavily funded by venture capital firms. While several startups like Delhivery, Zomato, CarTrade, and Nykaa tested the waters in recent years, many more startups feature in the list of upcoming IPOs in India.
IPO GMP – Latest IPO Grey Market Premium
When investing in the Indian financial markets, understanding the concept of IPO GMP known as IPO Grey Market Premium, is crucial. It refers to the premium paid in the grey market for company shares before its official listing on the stock exchange. This premium represents the market’s perception of the potential value and demand for the company’s shares. It is an important indicator for investors as it provides insights into the level of investor interest and the potential for price appreciation once the shares are listed. So, keeping track of IPO grey market activities and monitoring the IPO grey market premium can be valuable in making informed investment decisions in the Indian financial markets. Check out the list of new IPO GMP & invest today!!
Latest IPO GMP Today
| IPO Name | IPO GMP | IPO Price | Listing Gain | Subject Rates |
|---|---|---|---|---|
Premier Energies  27-29 Aug | ₹420 | ₹450 | 93% | ₹5,500 |
| Baazar Style Retail 30-3 Sept | ₹125 | ₹389 | 32% | ₹- |
| Gala Precision Engineering Ltd IPO 28-30 Aug | ₹150 | ₹334 | 45% | ₹- |
| Paramatrix Technologies IPO 27-30 Aug | ₹- | ₹110 | -% | ₹- |
| Orient Technologies 21-23 Aug | ₹82 | ₹206 | 40% | ₹- |
| ECOS Mobility 28-30 Aug | ₹150 | ₹334 | 45% | ₹ |
| Bajaj Housing Finance | ₹40 | ₹- | -% | ₹- |
Listed GMP IPO
| Company Name | IPO Type | IPO Listing Date | Listed |
|---|---|---|---|
| Orient Technologies | Mainline | 28 Aug 2024 | ₹120 |
| Ideal Technoplast | NSE SME | 28 Aug 2024 | ₹260 |
| QVC Exports | NSE SME | 28 Aug 2024 | ₹250 |
| Resourceful Automobile | BSE SME | 29 Aug 2024 | ₹350 |
| Rapid Multimodal | BSE SME | 30 Aug 2024 | ₹260 |
| Indian Phosphate | NSE SME | 3 Sep 2024 | ₹289.20 |
| Vdeal System | NSE SME | 3 Sep 2024 | ₹425 |
| Jay Bee Laminations | NSE SME | 3 Sep 2024 | ₹1245 |
| Premier Energies | Mainline | 3 Sep 2024 | ₹339 |
| Paramatrix Technologies | NSE SME | 4 Sep 2024 | ₹430 |
| Aeron Composite | NSE SME | 4 Sep 2024 | ₹396 |
| ECOS Mobility | Mainline | 4 Sep 2024 | ₹187 |
| Travels & Rentals | BSE SME | 5 Sep 2024 | ₹305 |
| Archit Nuwood | BSE SME | 6 Sep 2024 | ₹55 |
| Baazar Style Retail | Mainline | 6 Sep 2024 | ₹221 |
| Boss Packaging Solutions | NSE SME | 6 Sep 2024 | ₹465 |
| Jeyyam Global Foods | NSE SME | 9 Sep 2024 | |
| Gala Precision Engineering | Mainline | 9 Sep 2024 | |
| Bajaj Housing Finance | Mainline | TBA | |
| Brace Port Logistics | NSE SME | TBA | |
| Hyundai Motor India | Mainline | TBA | |
| Paramount Forge | NSE SME | TBA | |
| Trafiksol ITS | BSE SME | TBA | |
| SPC Life Sciences | Mainline | TBA | |
| Balaji Speciality Chemicals | Mainline | TBA | |
| EbixCash | Mainline | TBA | |
| Sanathan Textiles | Mainline | TBA |
What Is IPO GMP?
IPO GMP, or Initial Public Offering Grey Market Premium, refers to the premium amount paid in the grey market for company shares before its official listing on the stock exchange. Essentially, it represents the market’s perception of the potential value and demand for the company’s shares. It plays a crucial role in providing an unofficial and speculative indicator of how an IPO might perform once it is listed. Investors closely monitor the IPO grey market and its premium as it helps them gauge investor interest and potential price appreciation. Note that the grey market operates informally and outside the legal frameworks of the official stock exchange and the regulators. Despite its unofficial nature, it remains a valuable tool for investors in making informed investment decisions in the dynamic world of the Indian financial markets.
Know More About IPO GMP at Our Knowledge Centre
Factors Influencing IPO GMP
- 1. Market Sentiment: One key factor that influences IPO GMP is the overall market sentiment. If the market is bullish and investor confidence is high, it can increase demand for IPO shares and, consequently, a higher GMP. On the other hand, during market volatility or pessimism periods, GMP may be lower as investors become more cautious.
- 2. Company Fundamentals: The financial health and prospects of the issuing company significantly impact the grey market premium. Investors assess factors such as revenue growth, profitability, competitive position, and prospects to determine the potential value of the shares. A strong company with solid fundamentals is likely to attract higher GMP.
- 3. Industry Performance: The performance and outlook of the company’s industry also play a role in determining IPO GMP. If the industry is experiencing rapid growth or is in a favourable position, it can generate increased interest and demand for the IPO shares, resulting in a higher GMP.
- 4. Market Demand and Supply: The balance between market demand and supply of IPO shares can influence GMP. If there is a high demand from investors and a limited supply of shares, the GMP is likely to be higher. Conversely, if there is lower demand or an oversupply of shares, it may lead to a lower GMP.
- 5. Investor Sentiment: The perception and sentiment of potential investors towards the company and its IPO can impact GMP. Positive buzz, media coverage, and investor confidence in the management team can create a favourable sentiment and drive GMP.
How To Calculate Grey Market Premium?
A general formula or method can help calculate the Grey Market Premium (GMP) for an Initial Public Offering (IPO). The GMP is determined based on the difference between the price at which shares are traded in the grey market and the price at which they were offered in the IPO. The grey market refers to the unofficial market where shares are bought and sold before the official listing on the stock exchange. For instance, let’s consider an IPO where the issue price of shares is set at Rs 100. In the grey market, the shares are being traded at Rs 120. To calculate the GMP, we subtract the IPO price from the grey market price: Rs 120 – Rs 100 = Rs 20. Therefore, the GMP for this IPO would be Rs 20. Understand that the grey market price is driven by market demand and investor sentiment and can fluctuate significantly. The GMP indicates investor expectations and the perceived value of the IPO shares before their official listing.
How Do I Buy Sell IPO In Grey Market?
When buying and selling IPOs in the grey market, it’s crucial to understand the step-by-step process and the risks involved. Firstly, engaging in grey market transactions is not regulated or authorised by any official exchange or regulatory body. So, precautions must be taken when participating in such activities. To buy or sell IPO shares in the grey market, you must find reliable sources or brokers who deal in these transactions. They can provide information about upcoming IPOs and the expected grey market premium. Once you identify a potential IPO, you can express interest in buying or selling shares at a certain price. As risks are involved, it’s essential to be cautious and vigilant while dealing in the grey market. The grey market premium can fluctuate significantly, and the actual listing price on the stock exchange may differ from the grey market price. Additionally, there is a potential for fraudulent activities in the grey market, so it’s essential to conduct thorough research on the brokers and sources you are dealing with. Furthermore, participating in the grey market can have legal implications, as it operates outside the oversight and regulations of official exchanges. It’s crucial to consult with legal professionals or financial advisors to understand the legal implications and potential consequences of engaging in the grey market.
Significance Of IPO GMP
IPO GMP (Grey Market Premium) is important for investors and analysts. It is a crucial indicator of market sentiment and demand for an initial public offering (IPO). The grey market premium reflects the difference between the IPO price and the market price at which the shares are traded unofficially before the official listing. This premium provides valuable insights into investor sentiment and expectations regarding the potential listing price. For investors, IPO GMP offers insights into market trends and the perceived value of the IPO shares. A higher grey market premium indicates strong investor demand and positive market sentiment, while a lower or negative premium may indicate weaker demand or concerns about the offering. This information can help investors make informed decisions, such as applying for an IPO or waiting for a more favourable market condition. Market analysts closely monitor IPO GMP as it can provide insights into market trends and investor appetite for new offerings. The movement of premiums can indicate shifts in investor sentiment, market volatility, and overall market conditions. Analysts use this information to assess the health of the IPO market and make predictions about future market trends.
Upcoming IPO FAQs
What are some of the upcoming IPOs in 2024?
Asirvad Micro Finance, Emcure Pharma, and Tata Play are some of the most promising upcoming IPOs in 2024.
What are the most important documents for researching upcoming IPOs?
Investors can refer to IPO-bound companies’ draft and final prospectus to better understand the business model and assess investment suitability.Â
Should I invest in every IPO?
Far from it! Every IPO has different characteristics in terms of longevity of business, addressable market, capital structure and competition. Not every IPO is investment-worthy.
How can one make an online application in forthcoming IPOs?
Applying online in IPOs is a smooth process. Investors can either opt for net banking applications or UPI-based applications through their brokers. Both options are supported by ASBA.
Where do I get an application form for an upcoming IPO?
For filling offline applications, one needs to download the ASBA form to apply for the IPO. Click on download ASBA IPO forms to get the latest ASBA e forms.
What are the odds of getting confirmed allotment in IPOs?
There is no guarantee of getting confirmed allotment when it comes to IPOs in demand. Nevertheless, here are some tips to improve IPO allotment chances.
How many days does an IPO remain open for subscription?
SEBI mandates IPO to be open for a minimum of 3 days. In case of insufficient demand, an IPO can be extended to a maximum of 10 working days.