Subam Papers IPO GMP Today
The Subam Papers IPO GMP is ₹12 (+7.9% over the upper price band of ₹152) as of 7 Oct 2024, giving an estimated listing price of ₹164 per share. On a minimum application of 1,600 shares, that is an estimated gain of ₹19,200. GMP has fallen by ₹12 since tracking began on 6 Oct.
Last updated
- Issue Price
- ₹152
- GMP
- ₹12
- GMP %
- +7.9%
- Est. listing
- ₹164
- Est. gain / application
- +₹19,200
Subam Papers IPO GMP trend
Tracked for 12 days. High ₹60 on 2 Oct, low ₹12 on 8 Oct.
Subam Papers IPO GMP day-wise
| Date | GMP | Change | GMP % | Est. listing | Est. gain (1,600 sh) |
|---|---|---|---|---|---|
| (latest) | ₹12 | 0 | 7.89% | ₹164 | +₹19,200 |
| ₹12 | -₹3 | 7.89% | ₹164 | +₹19,200 | |
| ₹15 | -₹25 | 9.87% | ₹167 | +₹24,000 | |
| ₹40 | -₹15 | 26.32% | ₹192 | +₹64,000 | |
| ₹55 | -₹5 | 36.18% | ₹207 | +₹88,000 | |
| ₹60 | 0 | 39.47% | ₹212 | +₹96,000 | |
| ₹60 | 0 | 39.47% | ₹212 | +₹96,000 | |
| ₹60 | +₹36 | 39.47% | ₹212 | +₹96,000 | |
| ₹24 | -₹4 | 15.79% | ₹176 | +₹38,400 | |
| ₹28 | +₹4 | 18.42% | ₹180 | +₹44,800 | |
| ₹24 | 0 | 15.79% | ₹176 | +₹38,400 | |
| ₹24 | — | 15.79% | ₹176 | +₹38,400 |
Est. listing = upper price band (₹152) + GMP. Est. gain = GMP × 1,600 shares (2 lots, the minimum application).
Subam Papers IPO subscription status
| QIB | 57.18x |
|---|---|
| Retail | 48.97x |
| Total | 93.01x |
Reading the Subam Papers IPO GMP
The grey market premium is the price above the issue price at which Subam Papers IPO shares are informally traded before listing. A GMP of ₹12 on an upper band of ₹152 suggests the shares could open around ₹164, 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.
Subam Papers IPO GMP: FAQs
- What is Subam Papers IPO GMP today?
- The latest grey market premium (GMP) for the Subam Papers IPO is ₹12 as of 7 October 2024, which is 7.89% over the upper price band of ₹152.
- What is the expected listing price of Subam Papers IPO?
- Based on the current GMP, the estimated listing price of Subam Papers IPO is ₹164 per share (₹152 issue price + ₹12 GMP). This is an estimate from unofficial grey market trades, not a guaranteed listing price.
- What is the lot size and minimum investment for Subam Papers IPO?
- The lot size is 800 shares. The minimum application is 2 lots (1,600 shares), which costs ₹2,43,200 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.