IPO GMP Today 23 Jul 2026 — Live Grey Market Premium Update
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IPO GMP today 23 Jul 2026: 6 IPOs open, 5 upcoming. Indo-MIM leads with +38.14% GMP. Updated in real-time.
Today's IPO GMP (Grey Market Premium) update for 23 Jul 2026. There are currently 6 IPOs open for subscription and 5 upcoming IPOs. Indo-MIM has the highest GMP at +38.14%.
⚠️ Disclaimer: GMP (Grey Market Premium) is traded in unofficial markets and is purely indicative. It does not guarantee actual listing gains. Do your own research before investing in any IPO.
Open IPOs — Subscribe Now (23 Jul 2026)
| Company | Price Band | GMP | Close Date |
|---|---|---|---|
| Indo-MIM | ₹461.0–485.0 | +₹185.0 (38.14%) | 27 Jul |
| Shree Balaji Mala | ₹66.0–70.0 | +₹16.0 (22.86%) | 24 Jul |
| Xtranet Technologies | ₹120.0–127.0 | +₹13.0 (10.24%) | 27 Jul |
| Lohia Corp | ₹404.0–425.0 | +₹36.0 (8.47%) | 27 Jul |
| Cube Highways Trust InvIT | ₹151.0–152.0 | — | 24 Jul |
| Metalic Technoforge | ₹72.0–77.0 | — | 23 Jul |
Upcoming IPOs — Next 30 Days
| Company | Issue Size | Open Date | GMP |
|---|---|---|---|
| Saffron Speciality Papers | ₹0.56 Cr | 10 Jul | — |
| Fusion Klassroom Edutech | ₹0.23 Cr | 31 Jul | — |
| Advance Technoforge | ₹24.03 Cr | 27 Jul | +₹3.5 (3.68%) |
| Propshop Events & Exhibitions | ₹28.57 Cr | 27 Jul | — |
| Silverstorm Parks & Resorts | ₹82.43 Cr | 24 Jul | — |
What is IPO GMP (Grey Market Premium)?
Grey Market Premium (GMP) is the price at which IPO shares trade in the unofficial grey market before listing on BSE/NSE. It gives an early estimate of expected listing price.
- Positive GMP → Shares expected to list above issue price
- Zero GMP → Expected to list at issue price (par)
- Negative GMP → Expected to list below issue price
Formula: Expected Listing Price = Issue Price + GMP
How to Check IPO Allotment Status
You can check IPO allotment status on TopFund's allotment checker using your PAN number — free, no login required.
Frequently Asked Questions
Is GMP reliable for predicting listing price?
GMP is an unofficial indicator and can be manipulative. It gives a rough direction but is not always accurate. Strong GMP (30%+) often correlates with good listings, but not always. Never invest in an IPO based on GMP alone.
Which IPO has the highest GMP today?
As of 23 Jul 2026, Indo-MIM has the highest GMP at +₹185.0 (+38.14%).
Should I apply to IPOs with high GMP?
High GMP suggests strong market interest but does not guarantee listing gains. Consider the company's fundamentals, sector outlook, valuation, and subscription status before applying. Never apply to an IPO purely based on GMP.
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