IPO GMP Explained

The IPO GMP (Grey Market Premium) is the unofficial premium that traders are willing to pay for an IPO share before its listing. It serves as a strong indicator of the potential listing price.

A positive GMP suggests a listing gain, while a negative GMP implies a discount listing. However, GMP is not official backing. Investors should rely on fundamental analysis. Always track the live IPO updates on OpenIPO.

If you are confused about the terminology, our What is IPO guide covers all the jargon.