LIVE
Live IPO GMP Today
Real-time Grey Market Premium tracking for current and upcoming IPOs. GMP data updated every 5 minutes.
Last Updated: Just now
8
Positive GMP
₹14
Avg. GMP
₹34
Highest GMP
43.48%
Max Expected Gain
₹12
↑
Grey Market Premium
₹176
Issue Price
+6.82%
Expected Gain
🔥🔥
Subscribe
₹68
↑↑
Grey Market Premium
₹129
Issue Price
+52.71%
Expected Gain
🔥🔥🔥🔥🔥
Strong Buy
₹21
↑
Grey Market Premium
₹123
Issue Price
+17.07%
Expected Gain
🔥🔥🔥
Subscribe
₹0
—
Grey Market Premium
₹64
Issue Price
0.00%
Listing Gain
🔥
Average
₹0
—
Grey Market Premium
₹70
Issue Price
-7.14%
Listing Loss
⚠️
Avoid
₹12
↑
Grey Market Premium
₹176
Issue Price
+6.82%
Expected Gain
🔥🔥
Subscribe
₹68
↑↑
Grey Market Premium
₹129
Issue Price
+52.71%
Expected Gain
🔥🔥🔥🔥🔥
Strong Buy
₹21
↑
Grey Market Premium
₹123
Issue Price
+17.07%
Expected Gain
🔥🔥🔥
Subscribe
₹0
—
Grey Market Premium
₹64
Issue Price
0.00%
Listing Gain
🔥
Average
₹0
—
Grey Market Premium
Understanding Grey Market Premium (GMP)
What is GMP?
Grey Market Premium is the price at which IPO shares trade unofficially before listing. It indicates market sentiment and expected listing price.
How GMP Works
If GMP is ₹10 and issue price is ₹100, shares may list at ₹110. GMP changes based on demand, subscription, and market conditions.
Is GMP Accurate?
GMP is an unofficial indicator, not guaranteed. Actual listing price may differ based on market sentiment on listing day.
Using GMP Data
Use GMP as one factor in decision-making. Consider fundamentals, financials, valuation, and market conditions before investing.
Simple Formula
Expected Listing Price = IPO Issue Price + Current GMP
Real Example
- Company: Stallion India Fluorochemicals Ltd
- Issue Price: ₹90
- Live GMP Today: ₹30
- Expected Listing Price: ₹120 (₹90 + ₹30)
- Potential Gain: 33.33%%
Understanding: When IPO GMP is ₹30, investors in the grey market are willing to pay ₹30 above the issue price before official listing, indicating strong demand.
Example: If an IPO issue price is ₹90 and the live GMP IPO rate shows ₹30, the estimated listing price would be ₹120 (₹90 + ₹30).
Interactive IPO GMP
Calculate Your Potential Returns Based on Current GMP With Our IPO GMP Calculator.
How IPO Grey Market Premium Works
The grey market for IPO operates as an unofficial over-the-counter trading system where investors trade IPO applications and shares before official listing.
Grey Market Trading Process
- IPO Announcement → Initial GMP estimates emerge based on company profile
- IPO Opening → Active grey market trading begins; GMP fluctuates based on subscription data
- Subscription Period → GMP adjusts based on retail, HNI, and QIB subscription levels
- Allotment Day → Final GMP crystallizes before listing
- Listing Day → Actual listing price may match, exceed, or fall below GMP expectations
Factors Affecting Current IPO GMP
Company-Specific Factors:
- Financial performance and growth trajectory
- Promoter track record and corporate governance
- Business model strength and competitive advantages
- IPO valuation vs. industry peers
- Objects of the issue (fund utilization plans)
Market Factors:
- Overall stock market sentiment (bull/bear phase)
- Sector-specific trends and peer performance
- Subscription numbers (retail, HNI, institutional)
- Anchor investor participation and quality
- Economic indicators and policy environment
Grey Market Dynamics:
- Demand-supply balance in unofficial trading
- Large investor interest and trading volumes
- News flow and analyst recommendations
- Social media buzz and retail investor sentiment
Types of GMP Trading: Kostak vs Subject to Sauda
Kostak Rate
Definition: Fixed premium received by selling your IPO application regardless of allotment outcome.
How It Works:
- You apply for an IPO with ₹50,000
- Agree to sell application at Kostak rate of ₹5,000
- You receive ₹5,000 whether you get allotment or not
- If allotted, shares go to the buyer
- If not allotted, refund goes back to you, buyer gets nothing
Example:
- IPO Issue Price: ₹300
- Kostak Rate: ₹3,000 per lot
- Your Investment: ₹30,000 (1 lot = 100 shares)
- Scenario 1 (Allotment): You get ₹3,000, buyer gets shares worth ₹30,000
- Scenario 2 (No Allotment): You get ₹3,000 + ₹30,000 refund, buyer gets nothing
Subject to Sauda
Definition: Premium paid only if IPO allotment is confirmed. Transaction cancelled if no allotment.
How It Works:
- You apply for an IPO
- Agree to sell at Subject to Sauda rate of ₹8,000
- Payment received ONLY if you get allotment
- If no allotment, no payment exchanged
Example:
- IPO Issue Price: ₹500
- Subject to Sauda: ₹10,000 per lot
- Scenario 1 (Allotment): You get ₹10,000 premium, buyer gets shares
- Scenario 2 (No Allotment): No transaction, both parties walk away
Which Rate is Higher?
Subject to Sauda rates are typically 2-3x higher than Kostak because:
- Buyer takes allotment risk
- Payment only on successful allotment
- Higher risk justifies higher premium
How to Check IPO GMP – Best Methods
1. Verified IPO GMP Websites - Recommended
IPOGMPIndia.com (This Platform)
Real-time updates every 30 minutes- Mainboard + SME IPO coverage
- Historical GMP tracking with accuracy data
- Interactive tools and calculators
- Free WhatsApp and email alerts
- Expert analysis and commentary
Other Verified Sources:
- Investorgain GMP tracker
- Ipowatch GMP Tracker
- TopShareBrokers IPO GMP page
- IPOJI GMP Page
2. Mobile Apps
- IPO GMP India App (Android/iOS) – Real-time notifications
- Stock market apps with GMP sections
- Broker-specific IPO tracking apps
3. Telegram Channels & WhatsApp Groups
Use with Caution:
- Verify information across multiple sources
- Avoid groups that charge fees for GMP data
- Be wary of manipulation or fake GMP claims
- Cross-check with verified websites
4. Market Dealers & Brokers
- Direct contact with grey market dealers
- Risk: Unregulated transactions, no investor protection
- Our Recommendation: Use for information only, not for trading
IPO GMP Live Today – Market Analysis
Top Performing IPOs by GMP
Highest GMP Today:
1. Bajaj Housing Finance IPO GMP: ₹70-74 (+100-105%) | Subscription: 67.43x
2. Hyundai IPO GMP: ₹35-75 (+1.8-3.8%) | Subscription: 2.37x
3. Data Patterns IPO GMP: ₹320 (+54.7%) | Subscription: 119.62x
Trending IPOs Most Watched:
1. Nykaa IPO GMP: ₹565-700 (+50-62%) | Subscription: 81.78x
2. Paytm IPO GMP: ₹30-135 (+1.4-6.3%) | Subscription: 1.72x
3. Tega Industries IPO GMP: ₹270-425 (+59.6-93.8%) | Subscription: 219.04x
GMP Movers – Biggest Changes Today
Gainers (GMP Increased)
▲ Latent View Analytics IPO GMP: ₹210 → ₹320 (+₹110) – Reason: Oversubscription crossed 326x
▲ Mobikwik IPO GMP: ₹136 → ₹165 (+₹29) – Reason: Strong retail & QIB participation (120x oversubscription)
Decliners (GMP Decreased):
▼ Ola Electric IPO GMP: ₹16 → -₹3 (-₹19) – Reason: Profitability concerns & valuation worries
INDIAN IPO MARKET 2025 - SECTOR-WISE PERFORMANCE ANALYSIS
Overall Market Snapshot (Calendar Year 2025)
- Total Mainboard IPOs: 106-108 listings
- Total Capital Raised: ₹1.83 lakh crore (₹1,83,000+ crore)
- Average Listing Gains: 8-9% (median: 3.8%)
- Successful Listings (at premium): 65%
- Oversubscription: Median 22x (QIB: 102x, Retail: 35x)
1. FINANCIAL SERVICES & NBFC SECTOR
- Share of Total Fundraising: Largest contributor (approx. 45-50%)
- Capital Raised: ₹80,000+ crore
- Total Mainboard IPOs: 15-20 listings
- Trend: Dominated 2025 fundraising
- Notable IPOs:
- Tata Capital IPO (₹15,512 crore) – Listing gain: +1%
- HDB Financial Services IPO (₹12,500 crore) – Strong investor response
- NSDL, ICICI Prudential AMC IPO – Listing gain: +20%+
- Laxmi India Finance IPO (₹254 crore)
2. TECHNOLOGY & DIGITAL/NEW-AGE COMPANIES
- Share of Total Fundraising: 9.2%
- Capital Raised: ₹18,000 crore
- Average Listing Gains: 43% (highest among sectors)
- Trend: Strong bullish sentiment, top performer
- Notable IPOs:
- Meesho IPO (₹5,421 crore) – Listing gain: +53%, Current: +95%
- Urban Company IPO (₹1,900 crore) – Listing gain: +57%
- Groww IPO – Listing gain: +14%, Current: +72%
- PhysicsWallah IPO – Listing gain: +33%
3. MANUFACTURING & INFRASTRUCTURE (Capital Goods)
- Share of Total Fundraising: 9.5%
- Capital Raised: ₹18,500 crore
- Average Listing Gains: 15-20%
- Trend: Strong capacity expansion momentum
- Notable IPOs:
- Highway Infrastructure IPO – Listing gain: +64% (best performer)
- Quadrant Future Tek IPO – Strong listing gains
- Standard Glass Lining IPO – Strong investor response
- Sambhav Steel Tubes IPO – Listing gain: +34%
4. HEALTHCARE & PHARMACEUTICALS
- Share of Total Fundraising: 6.4%
- Capital Raised: ₹12,500 crore
- Average Listing Gains: 20-25%
- Trend: Steady growth, stable sector
- Notable IPOs:
- Corona Remedies IPO – Strong listing performance
- Various pharma companies showing 20%+ listing gains
5. CONSUMER DURABLES & ELECTRONICS
- Share of Total Fundraising: 6%
- Capital Raised: ₹11,700 crore
- Average Listing Gains: 45-50%
- Trend: Premium consumer brands performed exceptionally
- Notable IPOs:
- LG Electronics India IPO (₹5,200 crore) – Listing gain: +48-50%
- GNG Electronics IPO – Listing gain: +50%
6. INDUSTRIALS, ENGINEERING & REAL ESTATE
- Share of Total Fundraising: 15-20% (combined)
- Notable Performance: Infrastructure and construction materials featured prominently
- Trend: Benefited from domestic manufacturing push
🏆 TOP PERFORMERS BY CURRENT GAINS (Issue Price vs Dec 2025)
- Stallion India Fluorochemicals: +159%
- Ather Energy: +124%
- Aditya Infotech: +120%
- Belrise Industries: +103%
- Meesho: +95%
KEY MARKET INSIGHTS FOR 2025:
Positive Indicators:
- Record fundraising despite global volatility
- NSE became #1 globally for funds raised
- Strong retail participation (SIP inflows supporting IPO absorption)
- Financial services dominated with mega NBFCs
Challenges:
- Listing gains compressed (9% avg vs 29% in 2024)
- 59% of IPOs trading below listing price by year-end
- High subscription ≠ guaranteed listing gains
- SME sector highly volatile (120 green, 132 red debuts)
Sectoral Trends:
- Technology: Highest listing gains at 43%
- Financial Services: Largest capital raised but muted listing gains
- Capital Goods/Infra: Consistent 15-20% returns
- Consumer Durables: Premium brands delivered 45-50% gains
IPO GMP Accuracy – Historical Performance
Based on Industry Research (100+ IPOs):
Overall Accuracy Statistics:
- 75% – Listings within ±10% of final GMP
- 18% – Listings exceeded GMP expectations
- 7% – Listings below GMP predictions
| GMP Range | Total IPOs | Listed Above GMP | Listed at GMP ±10% | Listed Below GMP |
|---|---|---|---|---|
| Negative GMP | 82 (25%) | 3 (37.5%) | 3 (37.5%) | 0 |
| 0-20% GMP | 325 (15.6%) | 24 (75%) | 3 (9.4%) | - |
| 20-50% GMP | 459 (20%) | 33 (73.3%) | 3 (6.7%) | - |
| 50%+ GMP | 152 (13.3%) | 9 (60%) | 4 (26.7%) | - |
Key Insights:
- Moderate GMP (20-50%) shows highest accuracy
- Very high GMP (50%+) carries greater deviation risk
- Negative GMP doesn’t always mean listing losses
- Subscription levels + GMP together predict better
Is IPO GMP Always Right? Understanding Limitations
When GMP is Reliable
High Accuracy Scenarios:
- Strong fundamental company with reasonable valuation
- Consistent GMP stability throughout subscription period
- High oversubscription across all categories (retail, HNI, QIB)
- Stable market conditions without external shocks
- GMP in moderate range (15-40%)
When GMP Can Be Wrong
Low Accuracy Scenarios:
- Market Volatility: Sudden market correction on listing day
- Over-hype: Excessive social media buzz creating artificial GMP
- Manipulation: Small grey market volumes prone to price rigging
- Last-minute Changes: Company news or policy changes post-closure
- Extreme GMP: Very high (>60%) or negative GMP less reliable
REAL CASE STUDIES
Case 1: High GMP Success
- Company: Zomato Ltd (2021)
- Issue Price: ₹76
- Final GMP Range: ₹17-₹25 (approximately +22-33%)
- Actual Listing: ₹116 (+52.6% on NSE)
- Result: Listing exceeded GMP expectations significantly due to strong food-tech sentiment
Case 2: High GMP Disappointment
- Company: Paytm (2021)
- Issue Price: ₹2,150
- Initial GMP: ₹125-₹135 (early stage), dropped to ₹26-₹30 (+1.4%) before listing, then turned negative (-₹20 to -₹30)
- Actual Listing: ₹1,950 (NSE opening, -9.3%), closed at ₹1,560 (-27.4%)
- Result: GMP correctly predicted weak listing; negative GMP materialized into listing loss
Case 3: Negative GMP Surprise
- Company: LIC India (2022)
- Issue Price: ₹949
- Final GMP: -₹19 to -₹30 (approximately -2% to -3.2%)
- Actual Listing: ₹872 (-8.1%)
- Result: Negative sentiment confirmed; actual listing loss was worse than GMP indicated
How Much GMP is Good for IPO Investment?
GMP Investment Strategy Framework
Negative GMP (-10% to -25%)
Signal: Weak investor sentiment, overvaluation concerns
Strategy:
- High risk – avoid unless strong fundamentals
- May indicate pricing issue, not business issue
- Consider only if you believe in long-term story
- Recent examples listing positive despite negative GMP exist
Low GMP (0% to 15%)
Signal: Modest demand, fair pricing
Strategy:
- Lower risk entry point
- Good for conservative investors
- Focus on company quality over listing pop
- Potential for long-term wealth creation
- Less speculation-driven
Moderate GMP (15% to 40%)
Signal: Strong demand, reasonable enthusiasm
Strategy:
- Sweet spot for balanced approach
- Historically highest accuracy
- Combine with fundamental analysis
- Good risk-reward ratio
- Suitable for most retail investors
High GMP (40% to 70%)
Signal: Very strong demand, high expectations
Strategy:
- Elevated risk of disappointment
- Book partial profits on listing if possible
- Vulnerable to market sentiment shifts
- Ensure fundamentals justify premium
- Be prepared for volatility
Very High GMP (70%+)
Signal: Excessive hype, speculation-driven
Strategy:
- Extreme caution required
- High probability of profit booking on listing
- Often followed by correction
- Consider avoiding unless exceptional business
- Risk of grey market manipulation
Expert Recommendation Matrix
| Your Profile | Risk Appetite | Ideal GMP Range | Investment Approach |
|---|---|---|---|
| First-time Investor | Low | 10-25% | Quality over quick gains |
| Conservative Investor | Low-Medium | 15-35% | Balanced fundamentals + sentiment |
| Moderate Investor | Medium | 20-50% | Selective high-potential IPOs |
| Aggressive Investor | High | 30-70% | High-risk, high-reward plays |
| Trader/Flipper | Very High | Any | Focus on listing gains only |
Latest IPO GMP News & Updates
TODAY'S IPO MARKET HIGHLIGHTS – JANUARY 28, 2026
Breaking News:
SEBI approves 13 new IPO applications in January 2026 – Including Purple Style Labs (₹660 crore), BVG India, CMR Green Technologies, Pride Hotels (₹1,000 crore), Hella Infra, and Sify Infinit Spaces.
Shadowfax IPO closes with 2.72x subscription – QIBs oversubscribed 3.81x, Retail 2.82x; GMP drops to zero amid market volatility.
SEBI tightens SME IPO norms (effective March-July 2025) – Minimum ₹1 crore EBITDA requirement, 20% OFS cap, stricter promoter lock-in, 21-day public comment period on DRHP.
Important Reminders:
Allotment Today:
Shadowfax Technologies – Allotment finalized January 23, listing scheduled January 28; Current GMP: ₹0 (flat)
Opening This Week:
- Kasturi Metal Composite (SME) – Opens January 27.
- Three SME IPOs – Opening January 28.
- KRM Ayurveda IPO (SME) – Current GMP: ₹17.
- Digilogic Systems IPO (SME).
Listing This Week:
- Shadowfax Technologies (Mainboard) – Listing January 28, 2026
- Four SME companies – Also listing during the week
This Week's Performance (Week of January 20-27, 2026):
Mainboard IPO Activity:
- 5 SME IPOs worth ₹226 crore scheduled for the week.
- 5 listings scheduled, with Shadowfax as the only mainboard debut
Recent Market Sentiment:
- SME IPOs in December 2025 faced steep declines despite massive oversubscription.
- 59% of 2025 IPOs trading below listing price by year-end, despite strong initial subscription.
- Market volatility impacting GMP and investor sentiment.
IPO Investment Strategy Using GMP Data
Step-by-Step Investment Framework
Step 1: Check Live IPO GMP
- Review current GMP on IPOGMPIndia.com
- Track GMP trend over 3-5 days.
- Compare with similar IPOs in sector.
Step 2: Analyze Fundamentals
- Read company’s DRHP and RHP documents
- Evaluate financials: Revenue growth, profitability, debt
- Check promoter background and corporate governance
- Assess business model and competitive positioning
Step 3: Check Subscription Status
- Monitor category-wise subscription (Retail, HNI, QIB)
- Strong QIB participation is positive signal
- Oversubscription indicates demand but check quality
Step 4: Evaluate Valuation
- Compare P/E ratio with industry peers
- Check price-to-book and other relevant metrics
- Assess if valuation leaves room for growth
- High GMP + High valuation = Risk
Step 5: Assess Market Conditions
- Overall market trend (bullish/bearish)
- Sector-specific momentum
- Recent IPO listing track record
- Volatility index (VIX) levels
Step 6: Make Informed Decision
- Combine GMP insight with fundamental analysis
- Decide application amount based on risk appetite
- Consider cut-off price vs lower price band
- Set realistic expectations
IPO Grey Market Premium FAQs - Your Questions Answered
Basic Questions
Advanced Questions
IPO Grey Market Premium Glossary
Essential Terms Every Investor Should Know:
A-C
- Allotment: Share allocation process post-IPO closure
- Anchor Investors: Large institutional investors who get shares pre-IPO
- Book Building: Price discovery process for IPO
- Cut-off Price: Maximum price in price band
- Current GMP: Latest grey market premium rate
D-G
- DRHP: Draft Red Herring Prospectus
- Grey Market: Unofficial over-the-counter IPO trading
- GMP: Grey Market Premium
H-L
- HNI: High Net Worth Individual category
- Issue Price: Final price at which IPO shares are offered
- Kostak Rate: Fixed premium for selling application
- Listing Day: First day of official stock exchange trading
- Lot Size: Minimum shares in one IPO application
M-Q
- Mainboard IPO: Large-cap IPO listing on BSE/NSE
- Oversubscription: When applications exceed available shares
- Premium: Amount above issue price
- QIB: Qualified Institutional Buyer
R-Z
- Retail Category: Individual investors with application <₹2 lakh
- RHP: Red Herring Prospectus
- SME IPO: Small & Medium Enterprise IPO
- Subject to Sauda: Premium paid only on allotment
- Subscription: Total applications received vs shares offered
IPO GMP and Market Conditions
Bull Market Impact on GMP
Characteristics:
- Higher average GMP across IPOs
- More oversubscription
- Greater listing gains
- Lower negative GMP occurrences
Historical Example:
INDIA IPO MARKET 2025 – QUARTERLY & ANNUAL PERFORMANCE
Full Year 2025 (FY 2024-25: April 2024 – March 2025)
- Total Mainboard IPOs: 80 (KPMG) / 108 (Calendar year, INDmoney)
- Total Capital Raised: ₹1.63 lakh crore (FY25) / ₹1.83 lakh crore (CY25)
- Median Listing Gain: 3.8% (down from 15.2% in 2024 and 16.5% in 2023)
Average Listing Gain (by size):
- Small IPOs (<₹1,000 crore): 8-9%
- Mid-sized IPOs (₹1,000-₹5,000 crore): 14% listing, 21% current
- Large IPOs (>₹5,000 crore): 18% listing, 27% current
Successful Listings: 65% listed at profit, 23% at loss, 12% flat.
Post-Listing Reality: 59% trading below listing price by year-end, only 41% above.
IPO Investment Checklist Using GMP
Before Applying (Use This Checklist)
Company Research:
- Read DRHP/RHP thoroughly
- Analyzed last 3 years financials
- Checked promoter background
- Evaluated business model
- Compared with competitors
GMP Analysis:
- Checked current live GMP on verified source
- Tracked GMP trend for 3+ days
- Compared GMP with similar IPOs
- Assessed GMP range (low/moderate/high)
- Reviewed historical accuracy of GMP range
Valuation Check:
- Compared P/E with industry
- Evaluated price-to-book ratio
- Assessed if pricing fair or expensive
- Considered objects of the issue
Subscription Monitoring:
- Tracked retail subscription
- Checked HNI interest
- Reviewed QIB participation
- Noted anchor investor quality
Market Conditions:
- Overall market trend assessed
- Sector performance evaluated
- Recent IPO listing track record checked
- VIX and volatility considered
Risk Assessment:
- Set investment amount (max 5-10% of portfolio)
- Realistic expectations defined
- Exit strategy planned
- Comfortable with potential loss
SME IPO GMP – Special Focus
Why SME IPOs Matter
Characteristics:
- Smaller issue size (₹10-200 Cr)
- Higher volatility in GMP
- Potential for outsized gains
- Limited analyst coverage
- Higher risk profile
SME vs Mainboard GMP Comparison
| Parameter | Mainboard IPOs | SME IPOs |
|---|---|---|
| Average GMP | 25% | 35% |
| GMP Volatility | Moderate | High |
| Listing Gain | 20-30% | 30-60% |
| Risk Level | Low-Medium | Medium-High |
| Research Available | Extensive | Limited |
IPO GMP Tools & Resources
Free Tools Available
1. Live GMP Tracker
- Real-time data for all IPOs
- Sortable and filterable
- Export to Excel
2. GMP Calculator
- Calculate potential returns
- Lot size optimization
- Break-even analysis
3. IPO Comparison Tool
- Compare up to 4 IPOs
- Side-by-side metrics
- GMP trend comparison
4. Subscription Tracker
- Category-wise data
- Real-time updates
- Historical patterns
5. Allotment Predictor
- Probability calculator
- Based on subscription
- Historical allotment data
- [Use Our IPO Allotment Calculator →]
6. Portfolio Tracker
- Applied IPOs
- Allotment status
- ROI tracking
IPO Application Guide
How to Apply for IPO Using GMP Insights
Grey Market Trading Risks – Important Warnings
Why We Don’t Recommend Grey Market Participation
Critical Risks:
1. Regulatory Risk
- Unregulated by SEBI
- No legal framework
- Zero investor protection
- No grievance redressal
2. Counterparty Risk
- Dealer may default
- No guarantee of payment
- Identity verification issues
- Fraud possibilities
3. Manipulation Risk
- Small volumes easily manipulated
- False GMP information spread
- Coordinated pump-and-dump
- Artificial scarcity creation
4. Financial Risk
- May lose Kostak payment if allotment rejected
- Subject to Sauda premium lost if no allotment
- No stop-loss mechanism
- Price discovery opaque
5. Legal Risk
- Tax implications unclear
- Potential future regulations
- Transaction documentation weak
Our Recommendation
Do This:
- Use GMP data for research only
- Apply through official channels
- Trade on stock exchanges post-listing
- Consult SEBI-registered advisors
Avoid This:
- Direct grey market trading
- Paying for “guaranteed allotment”
- Sharing PAN/bank details with dealers
- Following unverified telegram tips
Legal Disclaimer
Important Information for All Users:
1. Investment Risk Disclosure:
- All investments in stock markets involve risk
- IPO investments can result in loss of capital
- Past performance doesn’t guarantee future results
- GMP data is indicative, not guaranteed
2. Grey Market Disclaimer:
- We DO NOT facilitate grey market trading
- We DO NOT trade in IPO applications or shares
- All GMP data is for informational purposes only
- Grey market trading is unregulated and risky
3. No Financial Advice:
- Content is educational, not investment advice
- Consult SEBI-registered investment advisors
- Make decisions based on your risk profile
- We are not responsible for investment outcomes
4. Data Accuracy:
- We strive for accuracy but cannot guarantee 100%
- GMP data is collected from multiple sources
- Real-time data may have minor delays
- Always verify from multiple sources
5. User Responsibility:
- Read all IPO documents (DRHP, RHP)
- Conduct independent research
- Assess your financial situation
- Invest only what you can afford to lose
6. By using this website, you acknowledge that:
- You understand investment risks
- You will not hold us liable for losses
- You will use data for research only
- You will comply with all applicable laws