Mankind Pharma IPO GMP Today
The Mankind Pharma IPO GMP is ₹121 (+11.2% over the upper price band of ₹1,080) as of 9 May 2023, giving an estimated listing price of ₹1,201 per share. On a minimum application of 13 shares, that is an estimated gain of ₹1,573.
Last updated
- Issue Price
- ₹1,080
- GMP
- ₹121
- GMP %
- +11.2%
- Est. listing
- ₹1,201
- Est. gain / application
- +₹1,573
Mankind Pharma IPO GMP trend
Tracked for 1 day. High ₹121 on 9 May, low ₹121 on 9 May.
Mankind Pharma IPO GMP day-wise
| Date | GMP | Change | GMP % | Est. listing | Est. gain (13 sh) |
|---|---|---|---|---|---|
| (latest) | ₹121 | — | 11.20% | ₹1,201 | +₹1,573 |
Est. listing = upper price band (₹1,080) + GMP. Est. gain = GMP × 13 shares (1 lot, the minimum application).
Mankind Pharma IPO subscription status
| QIB | 49.16x |
|---|---|
| Retail | 0.92x |
| Total | 15.32x |
Reading the Mankind Pharma IPO GMP
The grey market premium is the price above the issue price at which Mankind Pharma IPO shares are informally traded before listing. A GMP of ₹121 on an upper band of ₹1,080 suggests the shares could open around ₹1,201, 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. Check it together with the subscription numbers and the company's financials before applying.
Mankind Pharma IPO GMP: FAQs
- What is Mankind Pharma IPO GMP today?
- The latest grey market premium (GMP) for the Mankind Pharma IPO is ₹121 as of 9 May 2023, which is 11.20% over the upper price band of ₹1,080.
- What is the expected listing price of Mankind Pharma IPO?
- Based on the current GMP, the estimated listing price of Mankind Pharma IPO is ₹1,201 per share (₹1,080 issue price + ₹121 GMP). This is an estimate from unofficial grey market trades, not a guaranteed listing price.
- What is the lot size and minimum investment for Mankind Pharma IPO?
- The lot size is 13 shares. The minimum application is 1 lot, which costs ₹14,040 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.