GMP is an unofficial indicator of investor demand before listing — not a guaranteed outcome.

Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions.

TechDefence Labs IPO.

& — Sme IPO listing on NSE

15 September - 17 September 2025
Fixed Price IPO
Fresh Capital
Price Band
₹ 183 – 193
Lot Size
600
Issue Size
₹38.99 Cr
Minimum Investment
₹231600 (1200 Shares)
Listing Date
22 September 2025

Grey Market Premium

₹62

▲ 24.6% over cap

As On Issue Price GMP Esti. Listing
22 September 2025 ₹193.00 ₹210 ₹403
21 September 2025 ₹193.00 ₹210 ₹403
20 September 2025 ₹193.00 ₹210 ₹403
19 September 2025 ₹193.00 ₹210 ₹403
18 September 2025 ₹193.00 ₹210 ₹403
17 September 2025 ₹193.00 ₹195 ₹388
16 September 2025 ₹193.00 ₹160 ₹353
15 September 2025 ₹193.00 ₹160 ₹353
14 September 2025 ₹193.00 ₹160 ₹353
13 September 2025 ₹193.00 ₹160 ₹353
12 September 2025 ₹193.00 ₹158 ₹351
11 September 2025 ₹193.00 ₹158 ₹351
10 September 2025 ₹193.00 ₹151 ₹344
09 September 2025 ₹193.00 ₹100 ₹293