SPP Polimers IPO GMP Today
The SPP Polimers IPO GMP is ₹15 (+25.4% over the upper price band of ₹59) as of 12 Sep 2024, giving an estimated listing price of ₹74 per share. On a minimum application of 4,000 shares, that is an estimated gain of ₹60,000. GMP has risen by ₹15 since tracking began on 4 Sep.
Last updated
- Issue Price
- ₹59
- GMP
- ₹15
- GMP %
- +25.4%
- Est. listing
- ₹74
- Est. gain / application
- +₹60,000
SPP Polimers IPO GMP trend
Tracked for 9 days. High ₹25 on 6 Sep, low ₹0 on 4 Sep.
SPP Polimers IPO GMP day-wise
| Date | GMP | Change | GMP % | Est. listing | Est. gain (4,000 sh) |
|---|---|---|---|---|---|
| (latest) | ₹15 | 0 | 25.42% | ₹74 | +₹60,000 |
| ₹15 | 0 | 25.42% | ₹74 | +₹60,000 | |
| ₹15 | -₹10 | 25.42% | ₹74 | +₹60,000 | |
| ₹25 | 0 | 42.37% | ₹84 | +₹1,00,000 | |
| ₹25 | 0 | 42.37% | ₹84 | +₹1,00,000 | |
| ₹25 | 0 | 42.37% | ₹84 | +₹1,00,000 | |
| ₹25 | +₹25 | 42.37% | ₹84 | +₹1,00,000 | |
| ₹0 | 0 | 0.00% | ₹59 | ₹0 | |
| ₹0 | — | 0.00% | ₹59 | ₹0 |
Est. listing = upper price band (₹59) + GMP. Est. gain = GMP × 4,000 shares (2 lots, the minimum application).
SPP Polimers IPO subscription status
| Retail | 59.87x |
|---|---|
| Total | 39.08x |
Reading the SPP Polimers IPO GMP
The grey market premium is the price above the issue price at which SPP Polimers IPO shares are informally traded before listing. A GMP of ₹15 on an upper band of ₹59 suggests the shares could open around ₹74, 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.
SPP Polimers IPO GMP: FAQs
- What is SPP Polimers IPO GMP today?
- The latest grey market premium (GMP) for the SPP Polimers IPO is ₹15 as of 12 September 2024, which is 25.42% over the upper price band of ₹59.
- What is the expected listing price of SPP Polimers IPO?
- Based on the current GMP, the estimated listing price of SPP Polimers IPO is ₹74 per share (₹59 issue price + ₹15 GMP). This is an estimate from unofficial grey market trades, not a guaranteed listing price.
- What is the lot size and minimum investment for SPP Polimers 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.