Osel Devices IPO GMP Today
The Osel Devices IPO GMP is ₹110 (+68.8% over the upper price band of ₹160) as of 19 Sep 2024, giving an estimated listing price of ₹270 per share. On a minimum application of 1,600 shares, that is an estimated gain of ₹1,76,000. GMP has risen by ₹10 since tracking began on 24 Sep.
Last updated
- Issue Price
- ₹160
- GMP
- ₹110
- GMP %
- +68.8%
- Est. listing
- ₹270
- Est. gain / application
- +₹1,76,000
Osel Devices IPO GMP trend
Tracked for 10 days. High ₹110 on 13 Sep, low ₹100 on 24 Sep.
Osel Devices IPO GMP day-wise
| Date | GMP | Change | GMP % | Est. listing | Est. gain (1,600 sh) |
|---|---|---|---|---|---|
| (latest) | ₹110 | 0 | 68.75% | ₹270 | +₹1,76,000 |
| ₹110 | 0 | 68.75% | ₹270 | +₹1,76,000 | |
| ₹110 | 0 | 68.75% | ₹270 | +₹1,76,000 | |
| ₹110 | 0 | 68.75% | ₹270 | +₹1,76,000 | |
| ₹110 | 0 | 68.75% | ₹270 | +₹1,76,000 | |
| ₹110 | 0 | 68.75% | ₹270 | +₹1,76,000 | |
| ₹110 | +₹10 | 68.75% | ₹270 | +₹1,76,000 | |
| ₹100 | 0 | 62.50% | ₹260 | +₹1,60,000 | |
| ₹100 | 0 | 62.50% | ₹260 | +₹1,60,000 | |
| ₹100 | — | 62.50% | ₹260 | +₹1,60,000 |
Est. listing = upper price band (₹160) + GMP. Est. gain = GMP × 1,600 shares (2 lots, the minimum application).
Osel Devices IPO subscription status
| QIB | 78.01x |
|---|---|
| Retail | 206.07x |
| Total | 194.31x |
Reading the Osel Devices IPO GMP
The grey market premium is the price above the issue price at which Osel Devices IPO shares are informally traded before listing. A GMP of ₹110 on an upper band of ₹160 suggests the shares could open around ₹270, 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.
Osel Devices IPO GMP: FAQs
- What is Osel Devices IPO GMP today?
- The latest grey market premium (GMP) for the Osel Devices IPO is ₹110 as of 19 September 2024, which is 68.75% over the upper price band of ₹160.
- What is the expected listing price of Osel Devices IPO?
- Based on the current GMP, the estimated listing price of Osel Devices IPO is ₹270 per share (₹160 issue price + ₹110 GMP). This is an estimate from unofficial grey market trades, not a guaranteed listing price.
- What is the lot size and minimum investment for Osel Devices IPO?
- The lot size is 800 shares. The minimum application is 2 lots (1,600 shares), which costs ₹2,56,000 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.