Several upcoming and ongoing initial public offerings were showing positive grey market premiums on September 9, with NSE recording the highest premium among the mainboard issues listed on IPO Watch’s tracker. The figures reflect unofficial market indications and are not guarantees of listing prices.
NSE’s IPO was quoted at a grey market premium (GMP) of ₹255 on the tracker, although its price band had not been specified at the time of the update. The issue was scheduled for September 18–22. Jindal Supreme, another upcoming mainboard issue, had a GMP of ₹0.
Among the issues already open for subscription, Karamtara Engineering was showing a GMP of ₹69 against an issue price of ₹254. Rentomojo was quoted at ₹135 over its ₹404 price band, while Kanohar Electricals had a GMP of ₹218 against a ₹632 issue price. Manipal Payment was at ₹38, while Steamhouse India stood at ₹18.
Other mainboard offerings tracked on the page included Prasol Chemicals, with a GMP of ₹40, Glass Wall Systems at ₹55, Pranav Constructions at ₹44 and LCC Projects at ₹33. Asset Reconstruction had a premium of ₹27. Manika Plastech, which was scheduled to open on September 11, was quoted at ₹17.
The SME segment also showed varied grey market activity. Qualiance International had a GMP of ₹65, while Maharaja & Speedex was at ₹30 and Raksan Transformers at ₹25. Vinod Texworld was quoted at ₹8 and Amtech Esters at ₹6. Several other SME offerings, including Injecto Polymers, Century Business Media and Panchatv Bharat, were showing no GMP at the time of the update.
IPO Watch describes GMP as an unofficial indicator of market sentiment before listing. Grey market transactions take place outside stock exchanges, meaning the quoted premium does not establish the eventual listing price. The figures can also fluctuate with market demand.
The tracker was updated at 8:12 am on September 9, 2026, making the figures specific to that update rather than a fixed measure of the respective IPOs.
source:IPO GMP Today, Live IPO Grey Market Premium Price – IPO Watch
