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Our GMP track record
Every IPO we forecast, our last estimate before listing day, and how far off it was. Estimates are frozen before listing and never edited.
Our record starts with IPOs we forecast while they were open for bids, and none of those has listed yet. The first forecasts are scored on 24 Sep 2026.
How we score
Error = actual listing gain minus the gain our last pre-listing estimate implied, in percentage points of the issue price. An IPO counts only if we were already publishing an estimate while it was open for bids. Full method.
Recent listings not counted
These listed after our data began, but they had already closed for bids before we were publishing an estimate for them, so they are shown for reference only.
| IPO | Listed | Issue price | Listing price | Gain |
|---|---|---|---|---|
| Quanto Agroworld | 22 Sep | ₹67 | ₹67 | 0% |
| Shakti Polytarp | 22 Sep | ₹59 | ₹59 | -0.2% |
| Vama Wovenfab | 22 Sep | ₹341 | ₹341 | 0% |
| Century Business Media | 21 Sep | ₹74 | ₹74 | 0% |
| Injecto Polymers | 21 Sep | ₹100 | ₹99 | -1.0% |
| Manika Plastech | 21 Sep | ₹43 | ₹43 | 0% |
| Maharaja & Speedex India | 18 Sep | ₹186 | ₹250 | +34.4% |
| Veegaland Developers | 18 Sep | ₹140 | ₹154 | +10.0% |
| Raksan Transformers | 18 Sep | ₹273 | ₹273 | 0% |
| Panchatv Bharat | 18 Sep | ₹140 | ₹129 | -7.9% |
| Om Galaxy | 18 Sep | ₹90 | ₹90 | +0.2% |
| Manipal Payment and Identity Solutions | 17 Sep | ₹339 | ₹330 | -2.6% |
| Steamhouse India | 17 Sep | ₹81 | ₹94 | +16.7% |
| Vinod Texworld | 17 Sep | ₹94 | ₹94 | 0% |
| Rentomojo | 17 Sep | ₹404 | ₹482 | +19.4% |
| Karamtara Engineering | 17 Sep | ₹254 | ₹320 | +26.0% |
| Asset Reconstruction Co. (India) | 17 Sep | ₹139 | ₹139 | 0% |
| LCC Projects | 17 Sep | ₹146 | ₹189 | +29.4% |
| Infrax Renewable | 17 Sep | ₹104 | ₹104 | 0% |
| Amtech Esters Limited | 17 Sep | ₹75 | ₹100 | +33.3% |
| Glass Wall Systems | 16 Sep | ₹182 | ₹194 | +6.6% |
| Prasol Chemicals | 16 Sep | ₹676 | ₹610 | -9.8% |
| Kanohar Electricals | 16 Sep | ₹632 | ₹686 | +8.5% |
Grey market premium (GMP) is an unofficial, unregulated indication. Our estimate is information only and not investment advice. We are not registered with SEBI, we do not trade in the grey market, and a GMP can change or disappear without notice. Please read the offer document and decide for yourself. Full disclaimer.