Overview
The latest grey market premium (GMP) updates as of October 31, 2025, for key IPOs signal mixed investor sentiment, with some expecting strong listing gains while others register more muted potential returns.
GMP Snapshot
- Groww (Billionbrains Garage Ventures) IPO
- Price: ₹100
- Latest GMP: ₹16 (16% premium)
- Signal: Indicates good potential listing gains driven by high institutional interest.
- Lenskart Solutions IPO
- Price: ₹402
- Latest GMP: ₹74 (18.4%)
- Signal: Strong grey market demand suggesting healthy upsides post-listing.
- Studds Accessories IPO
- Price: ₹585
- Latest GMP: ₹63 (10.8%)
- Signal: Moderate premium signaling reasonable but cautious investor optimism.
- Orkla India IPO
- Price: ₹730
- Latest GMP: ₹72 (9.9%)
- Signal: Moderate gains expected, aligned with steady demand for established consumer brands.
Financial Implications
GMP serves as an early indicator of investor sentiment and likely listing day gains:
- Groww and Lenskart’s higher GMPs reflect excitement for tech and omni-channel retail business models.
- Studds and Orkla reflect steady, brand-driven demand with softer upside expectations.
Business Highlights
- Groww’s fintech platform enjoys strong growth momentum in retail brokerage and mutual funds distribution.
- Lenskart’s expanding optical retail network and digital innovation fuel market confidence.
- Studds leads in motorcycle accessories with consistent niche consumer base growth.
- Orkla India benefits from legacy FMCG brand strength and growing national footprint.
Risks
- GMP volatility can be impacted by market sentiment shifts, global macroeconomic factors, or last-minute regulatory updates.
- Actual listing gains may vary from GMP, influenced by broader market conditions and investor appetite on the listing day.
What to Watch Next
- Final IPO subscription numbers and category-wise demand metrics through October 31 close.
- Official allotment outcomes and refund timelines post-listing.
- Listing day price action and any significant deviations from grey market expectations.
FAQs
Q1: What does a high GMP indicate?
It signals strong demand and likely listing day gains but is not a guaranteed profit.
Q2: How reliable is GMP as an indicator?
GMP reflects current market conditions but actual listing prices can differ due to market volatility.
Q3: Which IPOs have the highest GMP right now?
Lenskart and Groww currently show the highest GMPs at 18.4% and 16% premiums respectively.
Q4: Can GMP drop suddenly before listing?
Yes, changes in market sentiment or macro factors can cause GMP fluctuations quickly.
Q5: How to check allotment status after IPO subscription ends?
Use registrars’ official portals or stock exchange websites for real-time allotment status updates.