GMP is an unofficial indicator of investor demand before listing — not a guaranteed outcome.

Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions.

Munish Forge IPO.

& — Sme IPO listing on NSE

30 September - 03 October 2025
Fixed Price IPO
Fresh Capital & Offer For Sale
Price Band
₹ 91 – 96
Lot Size
1200
Issue Size
₹73.92 Cr
Minimum Investment
₹230400 (2400 Shares)
Listing Date
08 October 2025

Grey Market Premium

₹62

▲ 24.6% over cap

As On Issue Price GMP Esti. Listing
03 October 2025 ₹96.00 ₹3 ₹99
02 October 2025 ₹96.00 ₹3 ₹99
01 October 2025 ₹96.00 ₹3 ₹99
30 September 2025 ₹96.00 ₹7 ₹103