Rappid Valves (India) IPO GMP Today
The Rappid Valves (India) IPO GMP is ₹100 (+45.0% over the upper price band of ₹222) as of 26 Sep 2024, giving an estimated listing price of ₹322 per share. On a minimum application of 1,200 shares, that is an estimated gain of ₹1,20,000. GMP has risen by ₹100 since tracking began on 18 Sep.
Last updated
- Issue Price
- ₹222
- GMP
- ₹100
- GMP %
- +45.0%
- Est. listing
- ₹322
- Est. gain / application
- +₹1,20,000
Rappid Valves (India) IPO GMP trend
Tracked for 15 days. High ₹100 on 25 Sep, low ₹0 on 18 Sep.
Rappid Valves (India) IPO GMP day-wise
| Date | GMP | Change | GMP % | Est. listing | Est. gain (1,200 sh) |
|---|---|---|---|---|---|
| (latest) | ₹100 | 0 | 45.05% | ₹322 | +₹1,20,000 |
| ₹100 | +₹10 | 45.05% | ₹322 | +₹1,20,000 | |
| ₹90 | -₹10 | 40.54% | ₹312 | +₹1,08,000 | |
| ₹100 | 0 | 45.05% | ₹322 | +₹1,20,000 | |
| ₹100 | 0 | 45.05% | ₹322 | +₹1,20,000 | |
| ₹100 | +₹48 | 45.05% | ₹322 | +₹1,20,000 | |
| ₹52 | +₹52 | 23.42% | ₹274 | +₹62,400 | |
| ₹0 | -₹52 | 0.00% | ₹222 | ₹0 | |
| ₹52 | +₹52 | 23.42% | ₹274 | +₹62,400 | |
| ₹0 | 0 | 0.00% | ₹222 | ₹0 | |
| ₹0 | 0 | 0.00% | ₹222 | ₹0 | |
| ₹0 | 0 | 0.00% | ₹222 | ₹0 | |
| ₹0 | 0 | 0.00% | ₹222 | ₹0 | |
| ₹0 | 0 | 0.00% | ₹222 | ₹0 | |
| ₹0 | — | 0.00% | ₹222 | ₹0 |
Est. listing = upper price band (₹222) + GMP. Est. gain = GMP × 1,200 shares (2 lots, the minimum application).
Rappid Valves (India) IPO subscription status
| QIB | 55.97x |
|---|---|
| Retail | 109.09x |
| Total | 176.14x |
Reading the Rappid Valves (India) IPO GMP
The grey market premium is the price above the issue price at which Rappid Valves (India) IPO shares are informally traded before listing. A GMP of ₹100 on an upper band of ₹222 suggests the shares could open around ₹322, 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.
Rappid Valves (India) IPO GMP: FAQs
- What is Rappid Valves (India) IPO GMP today?
- The latest grey market premium (GMP) for the Rappid Valves (India) IPO is ₹100 as of 26 September 2024, which is 45.05% over the upper price band of ₹222.
- What is the expected listing price of Rappid Valves (India) IPO?
- Based on the current GMP, the estimated listing price of Rappid Valves (India) IPO is ₹322 per share (₹222 issue price + ₹100 GMP). This is an estimate from unofficial grey market trades, not a guaranteed listing price.
- What is the lot size and minimum investment for Rappid Valves (India) IPO?
- The lot size is 600 shares. The minimum application is 2 lots (1,200 shares), which costs ₹2,66,400 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.