GMP IPO Watch
Grey market premium coverage, NAV tracking and research-driven analysis for Indian investors — updated through the day.
Real-time grey market premium for every open and upcoming IPO, updated through the day on our sister site.
Open IPO
Hyderabad-based Sai Parenteral's enters Day 2 of its ₹409 crore IPO with a price band of ₹372–₹392. While Day 1 saw a muted 0.05x subscription and a flat ₹0 GMP, the company’s recent Australian acquisition and strong anchor book (including Morgan Stanley) suggest a long-term story. We break down the financials and the "Noumed" factor.
Open IPO
Mumbai-based Highness Microelectronics enters Day 2 of its ₹21.67 crore IPO with a price band of ₹114–₹120. With a ₹20 GMP (16% estimated gain) and a massive shift into the high-margin Defense and Railway sectors, we break down the subscription numbers and whether this niche display manufacturer fits your portfolio.
Upcoming IPO
Jaipur’s Emiac Technologies is set to launch its ₹31.75 crore IPO on March 27, 2026. With a massive 269% revenue growth in the last year and a niche focus on AI-driven content and automation, we look at the price band, grey market sentiment, and whether this digital powerhouse is worth the premium.
Open IPO
Navi Mumbai-based Vivid Electromech opens its ₹130.54 crore IPO today with a price band of ₹528–₹555. Boasting a massive 74% CAGR and partnerships with giants like Schneider and ABB, this electrical panel manufacturer is aiming for a 3x capacity expansion. We analyze the Day 1 subscription and the company's long-term "moat."
Open IPO
Get the final day update on Tipco Engineering India Limited’s SME IPO. Check the latest Grey Market Premium (GMP), real-time subscription status, allotment dates, and whether you should subscribe on the closing day.
Open IPO
The ₹440 crore IPO of Amir Chand Jagdish Kumar (Exports) is seeing robust demand, having already crossed the 1x mark on its first day. With the price band set at ₹201–₹212 and a ₹7 GMP, we look at why Non-Institutional Investors (NIIs) are rushing in and whether the "Three Star Export House" status makes this a long-term winner.
Open IPO
The ₹1,842 crore IPO of Central Mine Planning & Design Institute (CMPDI), a critical technical arm of Coal India, closes for subscription today, March 24, 2026. Priced at ₹163–₹172, this 100% Offer for Sale (OFS) is a value-play for those eyeing India’s core energy sector. We look at the 25% Day 2 subscription, the ₹1.50 GMP, and why long-term investors are watching this one.
Open IPO
Hyderabad-based Sai Parenteral's Limited launched its ₹409 crore IPO today, March 24, 2026, with a price band of ₹372–₹392. With a bold move to acquire Australia’s Noumed Pharmaceuticals, the company is shifting from a domestic manufacturer to a global CDMO powerhouse. We analyze the 72x P/E valuation, the flat GMP, and the long-term potential of this injectable specialist.
Open IPO
Mumbai-based Speciality Medicines Limited wraps up its ₹29.14 crore SME IPO today, March 24, 2026. With a portfolio of 900+ products and a massive 3x jump in profit last year, the company is looking to build its own R&D center. We dive into the current 1x subscription status, the flat GMP, and the long-term outlook for this specialty pharma distributor.
Open IPO
Industrial machinery specialist Tipco Engineering India is in the middle of its ₹61 crore SME IPO, open until March 25, 2026. With a massive 3-year revenue CAGR of 92% and a P/E ratio under 9x, the company looks undervalued compared to its peers. We break down the Day 2 subscription, the flat GMP, and why the "Debt Repayment" objective is a game-changer.
Open IPO
Navi Mumbai-based Vivid Electromech launches its ₹130.54 crore SME IPO on March 25, 2026. With 30+ years of experience and a massive 74% revenue growth last year, the company is targeting the rapidly expanding data center and metro rail sectors. We dive into the ₹528–₹555 price band, the flat GMP, and the ambitious 3x capacity expansion plan.
Open IPO
The ₹440 crore IPO of Amir Chand Jagdish Kumar (Exports) launched today, March 24, 2026, with a price band of ₹201–₹212. A 100% fresh issue, the company is leveraging its iconic "Aeroplane" brand to fuel a massive working capital push. We look at the 29% revenue growth, the current ₹6 GMP, and whether this "Three Star Export House" fits your portfolio.