📝 IPO Snapshot
- IPO Period: June 26–30, 2025 .
- Price Band: ₹105–111 per share
- Issue Size: ₹200 crore (₹160 cr fresh + ₹40 cr OFS) .
- Lot Size: 135 shares (~₹15,000 minimum investment) .
- Allotment Date: July 1, 2025; Listing: July 3, 2025.
📉 GMP Trend & Interpretation
- Grey Market Premium (GMP) has adjusted from ₹12 to ₹7–10 recently
- As of June 27, the GMP stabilized around ₹10 → potential listing price: ₹121 (~9% gain) .
- Earlier drop to ₹9 seen on Day 2, signaling some cooling investor enthusiasm .
GMP gives a snapshot of sentiment but is unofficial and speculative reddit.com+5reddit.com+5reddit.com+5
🤔 What This Means for Investors
- A ₹7–10 GMP suggests a likely 8–9% listing bump—moderate optimism
- But dip from ₹12 to ₹7 shows reducing enthusiasm; subscription still strong (~94% by Day 2) reddit.com+1reddit.com+1economictimes.indiatimes.com
- GMP isn’t guaranteed—market may react differently at listing
✅ Should You Subscribe?
- For short-term gain seekers: GMP is positive, but cooling sentiment means caution
- For long-term investors: Company fundamentals look solid—₹105–111 range offers a sensible entry
- Risk alert: GMP fluctuations show volatile sentiment—avoid over-relying on GMP alone
❓ FAQs on Indogulf Cropsciences IPO GMP
Q1: What is GMP and why does it matter?
A: GMP = Grey Market Premium—the unofficial premium trading before IPO listing. It signals demand and potential listing price ndtvprofit.com+2reddit.com+2ipowatch.in+2reddit.com+12reddit.com+12economictimes.indiatimes.com+12
Q2: What is the current GMP?
A: Around ₹7–10 as of June 27—a drop from ₹12 earlier
Q3: How do we estimate listing price?
A: Add the GMP to the IPO upper band. Eg: ₹111 + ₹10 → ₹121 → ~9% premium
Q4: Is GMP reliable?
A: It reflects sentiment, not guaranteed listing. GMP can swing on hype, demand, and market mood
Q5: What does subscription look like?
A: IPO ~94% subscribed by Day 2—strong demand continues
