How often does grey-market premium actually predict the real listing gain? This page is an honest retrospective for every listed IPO — we compare the GMP on listing eve to the actual listing price. Filter by mainboard vs SME, sort by error magnitude, and see the full error distribution. No one else publishes this transparency.
Negative bars = GMP underestimated the actual gain (you got more than expected). Positive bars = GMP overestimated (listing was worse than the grey market predicted).
| Company | Listed | Issue price | GMP at listing | Predicted gain | Actual gain | Error |
|---|---|---|---|---|---|---|
| Shiprocket Limited Mainboard | 19 Aug 26 | ₹97 | ₹36 | +37.1% | +35.05% | +2.1pp |
| Behari Lal Engineering Limited Mainboard | 19 Aug 26 | ₹285 | ₹133 | +46.7% | +63.16% | -16.5pp |
| Milky Mist Dairy Food Limited Mainboard | 18 Aug 26 | ₹140 | ₹20 | +14.3% | +17.86% | -3.6pp |
| Molbio Diagnostics Limited Mainboard | 17 Aug 26 | ₹807 | ₹120 | +14.9% | +21.44% | -6.6pp |
| Dhoot Transmission Limited Mainboard | 17 Aug 26 | ₹871 | ₹262 | +30.1% | +37.77% | -7.7pp |
| Technocraft Ventures Limited Mainboard | 14 Aug 26 | ₹212 | — | — | +33.96% | — |
| Ardee Industries Limited Mainboard | 12 Aug 26 | ₹53 | ₹17 | +32.1% | +35.85% | -3.8pp |
| Juniper Green Energy Limited Mainboard | 6 Aug 26 | ₹225 | ₹22 | +9.8% | +8.89% | +0.9pp |
| MV Electrosystems Limited Mainboard | 6 Aug 26 | ₹425 | ₹109 | +25.6% | +22.35% | +3.3pp |
| Manipal Health Enterprises Limited Mainboard | 5 Aug 26 | ₹590 | ₹3 | +0.5% | +10.51% | -10.0pp |
| Lohia Corp Limited Mainboard | 30 Jul 26 | ₹425 | ₹17 | +4.0% | +8.47% | -4.5pp |
| Xtranet Technologies Limited Mainboard | 30 Jul 26 | ₹127 | ₹14 | +11.0% | +7.09% | +3.9pp |
| INDO-MIM Limited Mainboard | 30 Jul 26 | ₹485 | ₹188 | +38.8% | +44.33% | -5.6pp |
| Caliber Mining and Logistics Limited Mainboard | 24 Jul 26 | ₹424 | ₹64 | +15.1% | +17.98% | -2.9pp |
| SBI Funds Management Limited Mainboard | 21 Jul 26 | ₹574 | ₹96 | +16.7% | +6.85% | +9.9pp |
| Alpine Texworld Limited Mainboard | 21 Jul 26 | ₹105 | ₹0 | +0.0% | +0.00% | +0.0pp |
| Laser Power & Infra Limited Mainboard | 16 Jul 26 | ₹214 | ₹43 | +20.1% | +16.82% | +3.3pp |
| Kusumgar Limited Mainboard | 15 Jul 26 | ₹419 | — | — | +35.80% | — |
| Knack Packaging Limited Mainboard | 8 Jul 26 | ₹170 | ₹9 | +5.3% | +10.59% | -5.3pp |
| Aastha Spintex Limited Mainboard | 6 Jul 26 | ₹136 | ₹5 | +3.7% | -4.41% | +8.1pp |
| CSM Technologies Limited Mainboard | 2 Jul 26 | ₹113 | ₹0 | +0.0% | +0.00% | +0.0pp |
| Waterways Leisure Tourism Limited Mainboard | 1 Jul 26 | ₹808 | — | — | -15.72% | — |
| Advit Jewels Limited Mainboard | 1 Jul 26 | ₹138 | — | — | +36.88% | — |
| Turtlemint Fintech Solutions Limited Mainboard | 29 Jun 26 | ₹152 | ₹0 | +0.0% | -11.25% | +11.3pp |
| Hexagon Nutrition Limited Mainboard | 12 Jun 26 | ₹45 | ₹4 | +8.9% | +7.22% | +1.7pp |
| CMR Green Technologies Limited Mainboard | 10 Jun 26 | ₹192 | — | — | +39.58% | — |
| Swiggy Limited Mainboard | 13 May 26 | ₹390 | — | — | -34.33% | — |
| Kalpataru Projects International SME | 12 May 26 | ₹100 | — | — | +1162.10% | — |
| Tata Capital Limited Mainboard | 30 Apr 26 | ₹331 | ₹61 | +18.4% | -75.23% | +93.7pp |
| NTPC Green Energy Mainboard | 27 Apr 26 | ₹108 | ₹16 | +14.8% | +2.93% | +11.9pp |
| Bajaj Housing Finance Mainboard | 16 Mar 26 | ₹70 | ₹75 | +107.1% | +114.29% | -7.1pp |
| Mamata Machinery SME | 27 Feb 26 | ₹243 | ₹350 | +144.0% | +145.27% | -1.2pp |
| Capital Infra Trust InvIT Mainboard | 14 Jan 25 | ₹100 | ₹0 | +0.0% | -1.00% | +1.0pp |
| Quadrant Future Tek Mainboard | 14 Jan 25 | ₹290 | ₹100 | +34.5% | +41.38% | -6.9pp |
| Standard Glass Lining Tech Mainboard | 13 Jan 25 | ₹140 | ₹90 | +64.3% | +64.29% | -0.0pp |
| Indo Farm Equipment Mainboard | 7 Jan 25 | ₹215 | ₹60 | +27.9% | +19.07% | +8.8pp |
| Unimech Aerospace Mainboard | 31 Dec 24 | ₹785 | ₹580 | +73.9% | +85.99% | -12.1pp |
| Carraro India Mainboard | 30 Dec 24 | ₹704 | ₹-15 | -2.1% | -7.53% | +5.4pp |
| Ventive Hospitality Mainboard | 30 Dec 24 | ₹643 | ₹80 | +12.4% | +11.97% | +0.5pp |
| Senores Pharmaceuticals Mainboard | 30 Dec 24 | ₹391 | ₹175 | +44.8% | +53.45% | -8.7pp |
| DAM Capital Advisors Mainboard | 27 Dec 24 | ₹283 | ₹110 | +38.9% | +41.70% | -2.8pp |
| Transrail Lighting Mainboard | 27 Dec 24 | ₹432 | ₹130 | +30.1% | +34.26% | -4.2pp |
| Concord Enviro Systems Mainboard | 27 Dec 24 | ₹701 | ₹30 | +4.3% | -0.14% | +4.4pp |
| Mamata Machinery (historical) SME | 27 Dec 24 | ₹243 | ₹350 | +144.0% | +145.27% | -1.2pp |
| International Gemmological Institute Mainboard | 20 Dec 24 | ₹417 | ₹50 | +12.0% | -1.68% | +13.7pp |
| Inventurus Knowledge Solutions Mainboard | 19 Dec 24 | ₹1329 | ₹575 | +43.3% | +42.96% | +0.3pp |
| Mobikwik (One Mobikwik Systems) Mainboard | 18 Dec 24 | ₹279 | ₹150 | +53.8% | +58.42% | -4.7pp |
| Sai Life Sciences Mainboard | 18 Dec 24 | ₹549 | ₹95 | +17.3% | +18.40% | -1.1pp |
| Vishal Mega Mart Mainboard | 18 Dec 24 | ₹78 | ₹30 | +38.5% | +41.03% | -2.6pp |
| NTPC Green Energy (historical) Mainboard | 27 Nov 24 | ₹108 | ₹16 | +14.8% | +2.78% | +12.0pp |
| Swiggy Limited (historical) Mainboard | 13 Nov 24 | ₹390 | ₹15 | +3.8% | +5.64% | -1.8pp |
| Afcons Infrastructure Mainboard | 4 Nov 24 | ₹463 | ₹10 | +2.2% | -7.99% | +10.1pp |
| Waaree Energies Mainboard | 28 Oct 24 | ₹1503 | ₹850 | +56.6% | +66.33% | -9.8pp |
| Hyundai Motor (alt) Mainboard | 22 Oct 24 | ₹1960 | ₹25 | +1.3% | -1.33% | +2.6pp |
| Hyundai Motor India Mainboard | 22 Oct 24 | ₹1960 | ₹25 | +1.3% | -1.48% | +2.8pp |
| Bajaj Housing Finance (historical) Mainboard | 16 Sept 24 | ₹70 | ₹75 | +107.1% | +114.29% | -7.1pp |
| Premier Energies Mainboard | 3 Sept 24 | ₹450 | ₹350 | +77.8% | +120.00% | -42.2pp |
| Brainbees Solutions (FirstCry) Mainboard | 13 Aug 24 | ₹465 | ₹75 | +16.1% | +40.00% | -23.9pp |
| Ola Electric (historical) Mainboard | 9 Aug 24 | ₹76 | ₹6 | +7.9% | +0.00% | +7.9pp |
| Bharti Hexacom Mainboard | 12 Apr 24 | ₹570 | ₹120 | +21.1% | +32.46% | -11.4pp |
| Vibhor Steel Tubes Mainboard | 20 Feb 24 | ₹151 | ₹280 | +185.4% | +181.46% | +4.0pp |
| Jyoti CNC Automation Mainboard | 16 Jan 24 | ₹331 | ₹50 | +15.1% | +12.39% | +2.7pp |
"Error" is measured in percentage points (pp). Positive error means GMP over-estimated the listing gain (i.e. listing was worse than GMP predicted). Negative means GMP underestimated (you got more upside than the grey market priced in). Data updates automatically as new IPOs list.