The Initial Public Offering (IPO) market is a hotbed of investor interest, and one crucial metric that often captures this enthusiasm is the Grey Market Premium (GMP). The GMP reflects the difference between the IPO’s expected price and its current trading price in the unofficial or “grey” market. Here, we take a closer look at the GMP for a selection of current and upcoming IPOs in a pipeline table format:
| Company | Price | IPO GMP | GMP % |
|---|---|---|---|
| 1. Rishabh Instruments IPO | 441 | 65-15% | |
| 2. Ratnaveer Precision Engineering IPO | 98 | 61-62% | |
| 3. Jupiter Life Line Hospital IPO | 735 | 235-32% | |
| 4. EMS IPO | 211 | 124-59% | |
| 5. R R Kabel IPO | 1035 | 42-4% | |
| 6. SAMHI HOTELS IPO | TBA | 0-0% |
Now, let’s delve into what these GMP percentages mean:
1. Rishabh Instruments IPO – GMP: 65-15%
- This IPO enjoys a healthy GMP of 65-15%, indicating significant demand in the grey market. Investors are willing to pay a premium for a stake in this company.
2. Ratnaveer Precision Engineering IPO – GMP: 61-62%
- Ratnaveer Precision Engineering IPO is also riding high with a GMP percentage of 61-62%. This suggests strong interest among investors, resulting in a substantial premium.
3. Jupiter Life Line Hospital IPO – GMP: 235-32%
- The GMP for Jupiter Life Line Hospital IPO is exceptional at 235-32%, signaling robust demand and investor confidence.
4. EMS IPO – GMP: 124-59%
- EMS IPO is attracting significant attention with a GMP percentage of 124-59%, indicating a substantial premium and strong investor interest.
5. R R Kabel IPO – GMP: 42-4%
- While the GMP for R R Kabel IPO stands at 42-4%, it still shows a premium in the grey market, although relatively lower compared to some others on this list.
6. SAMHI HOTELS IPO – GMP: 0-0%
- The SAMHI HOTELS IPO is yet to receive a GMP, as its price is to be announced. A GMP of 0-0% suggests uncertainty or a lack of trading activity in the grey market at this stage.
Investors should keep in mind that the grey market is not an official exchange, and GMP values can change rapidly as market conditions evolve. Therefore, it’s essential to consider various factors, including the company’s fundamentals and market trends, before making investment decisions in IPOs.
As you track the IPO market, these GMP percentages can provide valuable insights into investor sentiment and demand. However, always exercise caution and conduct thorough research before participating in any IPO.
