Shri Hare-Krishna Sponge Iron IPO GMP Today
The Shri Hare-Krishna Sponge Iron IPO GMP is ₹5 (+8.5% over the upper price band of ₹59) as of 24 Jun 2025, giving an estimated listing price of ₹64 per share. On a minimum application of 4,000 shares, that is an estimated gain of ₹20,000.
Last updated
- Issue Price
- ₹59
- GMP
- ₹5
- GMP %
- +8.5%
- Est. listing
- ₹64
- Est. gain / application
- +₹20,000
Shri Hare-Krishna Sponge Iron IPO GMP trend
Tracked for 1 day. High ₹5 on 24 Jun, low ₹5 on 24 Jun.
Shri Hare-Krishna Sponge Iron IPO GMP day-wise
| Date | GMP | Change | GMP % | Est. listing | Est. gain (4,000 sh) |
|---|---|---|---|---|---|
| (latest) | ₹5 | — | 8.47% | ₹64 | +₹20,000 |
Est. listing = upper price band (₹59) + GMP. Est. gain = GMP × 4,000 shares (2 lots, the minimum application).
Shri Hare-Krishna Sponge Iron IPO subscription status
| QIB | 4.39x |
|---|---|
| Retail | 3.10x |
| Total | 4.85x |
Reading the Shri Hare-Krishna Sponge Iron IPO GMP
The grey market premium is the price above the issue price at which Shri Hare-Krishna Sponge Iron IPO shares are informally traded before listing. A GMP of ₹5 on an upper band of ₹59 suggests the shares could open around ₹64, 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.
Shri Hare-Krishna Sponge Iron IPO GMP: FAQs
- What is Shri Hare-Krishna Sponge Iron IPO GMP today?
- The latest grey market premium (GMP) for the Shri Hare-Krishna Sponge Iron IPO is ₹5 as of 24 June 2025, which is 8.47% over the upper price band of ₹59.
- What is the expected listing price of Shri Hare-Krishna Sponge Iron IPO?
- Based on the current GMP, the estimated listing price of Shri Hare-Krishna Sponge Iron IPO is ₹64 per share (₹59 issue price + ₹5 GMP). This is an estimate from unofficial grey market trades, not a guaranteed listing price.
- What is the lot size and minimum investment for Shri Hare-Krishna Sponge Iron IPO?
- The lot size is 2,000 shares. The minimum application is 2 lots (4,000 shares), which costs ₹2,36,000 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.