IPO GMP investor use to to estimate the listing gain on the IPO share. Grey Market Premium adding to issue price gives the estimated listing price of the IPO share. GMP (Grey Market Premium) means the additional value that reflects the current market price of the shares of any company’s new IPO. For example, if the issue price of an IPO is ₹200 and the GMP is ₹50, it means that the shares are trading at ₹250 (₹200 + ₹50) in the grey market. This helps investors know in advance which company to invest in or which company to leave. Grey Market is an unregulated market to trade IPO applications and IPO shares before listing of the stock. An investor may not want to trade in the grey market, but getting an idea of the to estimate the listing gain. Here we are reporting the GMP of all upcoming and current SME and Mainboard IPOs. Estimated Listing Price is also calculated by adding up GMP and IPO cap price