Munish Forge IPO GMP Today
The Munish Forge IPO GMP is ₹3 (+3.1% over the upper price band of ₹96) as of 3 Oct 2025, giving an estimated listing price of ₹99 per share. On a minimum application of 2,400 shares, that is an estimated gain of ₹7,200. GMP has fallen by ₹4 since tracking began on 30 Sep.
Last updated
- Issue Price
- ₹96
- GMP
- ₹3
- GMP %
- +3.1%
- Est. listing
- ₹99
- Est. gain / application
- +₹7,200
Munish Forge IPO GMP trend
Tracked for 4 days. High ₹7 on 30 Sep, low ₹3 on 1 Oct.
Munish Forge IPO GMP day-wise
| Date | GMP | Change | GMP % | Est. listing | Est. gain (2,400 sh) |
|---|---|---|---|---|---|
| (latest) | ₹3 | 0 | 3.13% | ₹99 | +₹7,200 |
| ₹3 | 0 | 3.13% | ₹99 | +₹7,200 | |
| ₹3 | -₹4 | 3.13% | ₹99 | +₹7,200 | |
| ₹7 | — | 7.29% | ₹103 | +₹16,800 |
Est. listing = upper price band (₹96) + GMP. Est. gain = GMP × 2,400 shares (2 lots, the minimum application).
Munish Forge IPO subscription status
| QIB | 4.05x |
|---|---|
| bNII | 6.46x |
| sNII | 2.77x |
| Retail | 2.66x |
| Total | 3.60x |
Reading the Munish Forge IPO GMP
The grey market premium is the price above the issue price at which Munish Forge IPO shares are informally traded before listing. A GMP of ₹3 on an upper band of ₹96 suggests the shares could open around ₹99, 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.
Munish Forge IPO GMP: FAQs
- What is Munish Forge IPO GMP today?
- The latest grey market premium (GMP) for the Munish Forge IPO is ₹3 as of 3 October 2025, which is 3.13% over the upper price band of ₹96.
- What is the expected listing price of Munish Forge IPO?
- Based on the current GMP, the estimated listing price of Munish Forge IPO is ₹99 per share (₹96 issue price + ₹3 GMP). This is an estimate from unofficial grey market trades, not a guaranteed listing price.
- What is the lot size and minimum investment for Munish Forge IPO?
- The lot size is 1,200 shares. The minimum application is 2 lots (2,400 shares), which costs ₹2,30,400 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.