Ideal Technoplast Industries IPO GMP Today
The Ideal Technoplast Industries IPO GMP is ₹0 (0.0% over the upper price band of ₹121) as of 16 Aug 2024, giving an estimated listing price of ₹121 per share. On a minimum application of 2,000 shares, that is an estimated gain of ₹0. GMP has held steady at ₹0 since tracking began on 17 Aug.
Last updated
- Issue Price
- ₹121
- GMP
- ₹0
- GMP %
- 0.0%
- Est. listing
- ₹121
- Est. gain / application
- ₹0
Ideal Technoplast Industries IPO GMP trend
Tracked for 8 days. High ₹15 on 23 Aug, low ₹0 on 17 Aug.
Ideal Technoplast Industries IPO GMP day-wise
| Date | GMP | Change | GMP % | Est. listing | Est. gain (2,000 sh) |
|---|---|---|---|---|---|
| (latest) | ₹0 | 0 | 0.00% | ₹121 | ₹0 |
| ₹0 | 0 | 0.00% | ₹121 | ₹0 | |
| ₹0 | -₹15 | 0.00% | ₹121 | ₹0 | |
| ₹15 | 0 | 12.40% | ₹136 | +₹30,000 | |
| ₹15 | 0 | 12.40% | ₹136 | +₹30,000 | |
| ₹15 | 0 | 12.40% | ₹136 | +₹30,000 | |
| ₹15 | +₹15 | 12.40% | ₹136 | +₹30,000 | |
| ₹0 | — | 0.00% | ₹121 | ₹0 |
Est. listing = upper price band (₹121) + GMP. Est. gain = GMP × 2,000 shares (2 lots, the minimum application).
Reading the Ideal Technoplast Industries IPO GMP
The grey market premium is the price above the issue price at which Ideal Technoplast Industries IPO shares are informally traded before listing. A GMP of ₹0 on an upper band of ₹121 suggests the shares could open around ₹121, if grey market sentiment holds until listing day.
GMP is not set by the company, the exchanges or SEBI. It moves daily with market conditions and subscription demand, and SME GMP in particular can swing sharply on low volumes. Check it together with the subscription numbers and the company's financials before applying.
A zero GMP means grey market participants currently expect little or no premium on listing.
Ideal Technoplast Industries IPO GMP: FAQs
- What is Ideal Technoplast Industries IPO GMP today?
- The latest grey market premium (GMP) for the Ideal Technoplast Industries IPO is ₹0 as of 16 August 2024, which is 0.00% over the upper price band of ₹121.
- What is the expected listing price of Ideal Technoplast Industries IPO?
- Based on the current GMP, the estimated listing price of Ideal Technoplast Industries IPO is ₹121 per share (₹121 issue price + ₹0 GMP). This is an estimate from unofficial grey market trades, not a guaranteed listing price.
- What is the lot size and minimum investment for Ideal Technoplast Industries IPO?
- The lot size is 1,000 shares. The minimum application is 2 lots (2,000 shares), which costs ₹2,42,000 at the upper price band.
- Is IPO GMP reliable?
- GMP reflects unofficial trades before listing and changes daily with market mood and subscription demand. It is a useful sentiment indicator but often differs from the actual listing price, so use it alongside the company's financials and subscription data.
GMP is an unofficial indicator compiled from grey market sources and is not investment advice. Actual listing prices can differ significantly. Read the offer document before investing.