IPO GMP shows us the premium that someone is willing to pay for the corresponding IPO in the grey market; It is used frequently to forecast the listing price of upcoming IPOs.
It operates at the intersection of the Indian pharmaceutical formulations and consumer healthcare sectors with the aim of providing quality products at affordable prices, and have an established track record of building and scaling brands in-house.
IPO Date
IPO Close
Face Value
IPO Price
IPO Size
Lot Size
Listing At
Allotment Date
Listing Date
25th April
₹1 per share
₹1026 - ₹1080 per share
27th April
₹4,326.36 Cr
13 shares
NSE BSE
3rd May
8th May
Date
9-May-2023
8-May-2023
GMP
Rs. 121
Rs. 140
7-May-2023
Rs. 113