Mumbai: The coming week is going to be exciting for IPO investors as 8 companies are hitting the primary market. What’s more, their Grey Market Premium (GMP) is driving investor interest. GMP is the unofficial premium (or discount) at which an IPO share trades before its official listing. Let’s take a look at the details and grey market trends.
Patel Retail IPO
Opens: August 19 | Closes: August 21
Price Band: Rs 237–Rs 255
GMP: Rs 34–Rs 35 (≈14 percent premium)
Expected Listing Price: Around Rs 290
Vikram Solar IPO
Opens: August 19 | Closes: August 21
Price Band: Rs 315–Rs 332
GMP: Rs 60–Rs 61 (≈18 percent premium)
Expected Listing Price: Rs 392–Rs 393
Gem Aromatics IPO
Opens: August 19 | Closes: August 21
Price Band: Rs 309–Rs 325
GMP: Rs 40–Rs 41 (≈13 percent premium)
Expected Listing Price: Rs 365–Rs 366
Shreeji Shipping Global IPO
Opens: August 19 | Closes: August 21
Price Band: Rs 240–Rs 252
GMP: Rs 23–Rs 26 (≈10 percent premium)
Expected Listing Price: Around Rs 278
Mangal Electrical Industries IPO
Opens: August 20 | Closes: August 22
Price Band: Rs 533–Rs 561
GMP: Nil (Flat listing expected)
Studio LSD IPO (SME)
Opens: August 18 | Closes: August 20
Price Band: Rs 51–Rs 54
GMP: Nil (Flat listing expected)
LGT Business Connections IPO
Opens: August 19 | Closes: August 21
Price Band: Rs 107
GMP: Nil (Flat listing expected)
Classic Electrodes IPO
Opens: August 22 | Closes: August 26
Price Band: Rs 82–Rs 87
GMP: ≈20.6 percent premium
Expected Listing Price: Around Rs 105
