Current Mainboard IPO GMP Analysis

Current Mainboard IPO GMP Analysis: Key Insights for Investors

The IPO market is buzzing with activity as several companies prepare to list on the mainboard. Here's a breakdown of the current Grey Market Premium (GMP) trends and what they mean for investors:

Top Performing IPOs Based on GMP

Name	GMP	Price	Est. Listing	IPO Size	Open Date	Listing Date
HDB Financial IPO	₹74 (10.00%)	₹740	₹814 (10%)	₹12500.00 Cr	25-Jun	2-Jul
Globe Civil Projects IPO	₹12 (16.90%)	₹71	₹83 (16.9%)	₹119.00 Cr	24-Jun	1-Jul
Indogulf Cropsoleuces IPO	₹11 (9.91%)	₹111	₹122 (9.91%)	₹200.00 Cr	26-Jun	3-Jul

Moderate Performers

• Ellenbarrie Industrial Gases IPO (6.5% GMP)
• Santibux Steel Tubes IPO (6.1% GMP)
• Kalpataru IPO (2.17% GMP with only 0.1x subscription)

Key Observations

1. Financial services (HDB Financial) and infrastructure (Globe Civil Projects) are seeing the strongest demand.
2. The listing dates cluster around July 1-3, meaning investors should prepare for potential market movements during this period.
3. GMP percentages generally align with subscription rates, with Globe Civil Projects' high GMP corresponding to its 6.97x subscription.

Investment Considerations

• High GMP suggests potential listing gains but also indicates the stock may be priced at a premium initially.
• Investors should balance GMP data with fundamental analysis of each company.
• The ₹740-₹814 price band of HDB Financial makes it one to watch for institutional investors.

Disclaimer: GMP is an unofficial indicator and doesn't guarantee listing performance. Always consult a financial advisor before investing.

Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing