Grey Market Premium is the price per share that private dealers will pay for an IPO allotment before the shares list. It is unofficial, unregulated and not recognised by SEBI, and it frequently differs from the actual listing price.

How do I read IPO subscription status?

Subscription status is the number of shares bid for divided by the shares reserved, published per investor category by NSE and BSE. An issue subscribed 3x has bids for three times the stock on offer. QIB, NII and retail each have their own reservation and are subscribed independently.

How do I check IPO allotment status?

Once the basis of allotment is published, check on the registrar's website or the BSE public issue portal using your PAN or application number. Allotment is normally finalised the working day after the issue closes.

Which upcoming IPOs are coming next?

Companies file a DRHP with SEBI months before an issue opens, so the SEBI filings pipeline shows upcoming IPOs well before price bands and dates reach the exchanges.

It is a thin, unregulated market that is easy to move, so it should be treated as a sentiment reading rather than a forecast. UpcomingIPO publishes a running record of how closely GMP has matched actual listing gains, including the cases it got badly wrong.

Upcoming IPOs on NSE & BSE — GMP & subscription

Every upcoming and open IPO on NSE and BSE, mainboard and SME, with live category-wise subscription pulled straight from the exchanges and grey market premium alongside it. Subscription figures are official exchange data; GMP is not — and we label which is which on every row.

GMP is unofficial. Grey Market Premium is quoted by private dealers outside the exchange mechanism and is not recognised or regulated by SEBI. Figures vary by source, can change within minutes, and frequently diverge from actual listing prices. UpcomingIPO publishes GMP as market information only — this is not investment advice and not a recommendation to apply for any issue.

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Live from NSE + BSE · fetched 14 min ago

Company	Price band	Lot	Subscribed	GMP	Implied listing	Implied gain	Dates
Moneyview LimitedMainboard · BOTH · MONEYVIEW	₹32–₹34	441	1.09×	+₹1329 min ago	₹47	+38.24%	24 Sept 2026 → 28 Sept 2026 Lists ~01 Oct 2026 (est.)
Adroit Industries (India) LimitedMainboard · BOTH · ADROITINDClosing today	₹126–₹134	111	10.90×	+₹2929 min ago	₹163	+21.64%	23 Sept 2026 → 25 Sept 2026 Lists ~30 Sept 2026 (est.)
A-One Steels India LimitedMainboard · BOTH · AONESTEELS	₹385–₹405	37	0.40×	+₹3429 min ago	₹439	+8.40%	24 Sept 2026 → 28 Sept 2026 Lists ~01 Oct 2026 (est.)
Swastika Infra LimitedMainboard · BOTH · SWASTIKAINClosing today	₹175–₹185	81	1.27×	+₹629 min ago	₹191	+3.24%	23 Sept 2026 → 25 Sept 2026 Lists ~30 Sept 2026 (est.)
ArMee Infotech LimitedMainboard · BOTH · ARMEEClosing today	₹350–₹375	40	0.78×	+₹829 min ago	₹383	+2.13%	23 Sept 2026 → 25 Sept 2026 Lists ~30 Sept 2026 (est.)
Elevate Campuses LimitedMainboard · BOTH · ELEVATEClosing today	₹343–₹362	41	0.10×	+₹229 min ago	₹364	+0.55%	23 Sept 2026 → 25 Sept 2026 Lists ~30 Sept 2026 (est.)
Himalayan Solar LimitedSME · NSE · HIMALAYAN	₹98–₹103	1200	—	—	—	—no GMP quoted	25 Sept 2026 → 29 Sept 2026 Lists ~02 Oct 2026 (est.)
Bench Mark Infotech Services LimitedSME · NSE · BMISL	₹104–₹110	1200	—	—	—	—no GMP quoted	25 Sept 2026 → 29 Sept 2026 Lists ~02 Oct 2026 (est.)
Green Asia Impex LimitedSME · NSE · GREENASIA	₹85–₹90	1600	0.00×	—	—	—no GMP quoted	24 Sept 2026 → 28 Sept 2026 Lists ~01 Oct 2026 (est.)
PESHWA WHEAT LIMITEDSME · BSE · PESHWA	₹95–₹101	1200	1.72×	—	—	—no GMP quoted	24 Sept 2026 → 28 Sept 2026 Lists ~01 Oct 2026 (est.)
ROOPA SCREEN LIMITEDSME · BSE · ROOPA	₹60–₹64	2000	1.26×	—	—	—no GMP quoted	24 Sept 2026 → 28 Sept 2026 Lists ~01 Oct 2026 (est.)
Coreintegra Consulting Services LimitedSME · NSE · COREINClosing today	₹74–₹78	1600	0.00×	—	—	—no GMP quoted	23 Sept 2026 → 25 Sept 2026 Lists ~30 Sept 2026 (est.)
Liqvd Digital India LimitedSME · BSE · LIQVDClosing today	₹51–₹54	2000	1.23×	—	—	—no GMP quoted	23 Sept 2026 → 25 Sept 2026 Lists ~30 Sept 2026 (est.)
Unitec Fibres LimitedSME · BSE · UNITECClosing today	₹83–₹88	1600	0.15×	—	—	—no GMP quoted	23 Sept 2026 → 25 Sept 2026 Lists ~30 Sept 2026 (est.)
Pooja Logistics LimitedSME · NSE · POOJALOGISClosing today	₹109–₹115	1200	—	—	—	—no GMP quoted	23 Sept 2026 → 25 Sept 2026 Lists ~30 Sept 2026 (est.)
S. K. OFFSET LIMITEDSME · BSE · SKOFFSETClosing today	₹119–₹125	1000	0.38×	—	—	—no GMP quoted	23 Sept 2026 → 25 Sept 2026 Lists ~30 Sept 2026 (est.)

Upcoming

Bidding not yet started

Company	Price band	Lot	Subscribed	GMP	Implied listing	Implied gain	Dates
EVERESTIMS TECHNOLOGIES LIMITEDSME · BSE · EIMS	₹80–₹85	1600	—	—	—	—no GMP quoted	29 Sept 2026 → 05 Oct 2026 Lists ~08 Oct 2026 (est.)
PIND HOSPITALITY LIMITEDSME · BSE · PIND	₹93–₹99	1200	—	—	—	—no GMP quoted	28 Sept 2026 → 30 Sept 2026 Lists ~05 Oct 2026 (est.)
Acme Universal Safezone9 LimitedSME · BSE · ACMEUNIV	₹65–₹71	1600	—	—	—	—no GMP quoted	28 Sept 2026 → 30 Sept 2026 Lists ~05 Oct 2026 (est.)
Shivchem Agro LimitedSME · BSE · SHIVCHEM	₹59–₹62	2000	—	—	—	—no GMP quoted	28 Sept 2026 → 30 Sept 2026 Lists ~05 Oct 2026 (est.)
Srit India LimitedMainboard · BOTH · SRIT	₹123–₹130	115	—	—	—	—no GMP quoted	28 Sept 2026 → 30 Sept 2026 Lists ~05 Oct 2026 (est.)
Shah Investor's Home LimitedMainboard · BOTH · SHAHINVEST	₹159–₹167	85	—	+₹1029 min ago	₹177	+5.99%	28 Sept 2026 → 30 Sept 2026 Lists ~05 Oct 2026 (est.)
Shree TNB Polymers LimitedSME · BSE · SHREETNB	₹47–₹52	2000	—	—	—	—no GMP quoted	25 Sept 2026 → 29 Sept 2026 Lists ~02 Oct 2026 (est.)
German Green Steel and Power LimitedMainboard · BOTH · GERMAN	₹132–₹139	107	—	+₹1829 min ago	₹157	+12.95%	25 Sept 2026 → 29 Sept 2026 Lists ~02 Oct 2026 (est.)
Runwal Enterprises LimitedMainboard · BOTH · RUNWALENTR	₹290–₹302	49	—	+₹2429 min ago	₹326	+7.95%	25 Sept 2026 → 29 Sept 2026 Lists ~02 Oct 2026 (est.)
AceVector LimitedMainboard · BOTH · ACEVECTOR	₹30–₹32	468	—	+₹229 min ago	₹34	+6.25%	25 Sept 2026 → 29 Sept 2026 Lists ~02 Oct 2026 (est.)
Orient Cables (India) LimitedMainboard · BOTH · ORIENTCABL	₹258–₹272	55	—	+₹8029 min ago	₹352	+29.41%	25 Sept 2026 → 29 Sept 2026 Lists ~02 Oct 2026 (est.)
Sai Urja Indo Ventures LimitedSME · BSE · SAIURJA	₹107–₹113	1200	—	—	—	—no GMP quoted	25 Sept 2026 → 29 Sept 2026 Lists ~02 Oct 2026 (est.)

Closed — awaiting listing

Bidding done, allotment or listing pending

Company	Price band	Lot	Subscribed	GMP	Implied listing	Implied gain	Dates
Varmora Granito LimitedMainboard · BOTH · VARMORA	₹140–₹148	101	0.97×	—	—	—no GMP quoted	22 Sept 2026 → 24 Sept 2026 Lists ~29 Sept 2026 (est.)
Himalaya Nutravedics India LimitedSME · BSE · HNIL	₹100–₹106	1200	2.24×	—	—	—no GMP quoted	22 Sept 2026 → 24 Sept 2026 Lists ~29 Sept 2026 (est.)
ROBOKIDZ EDUVENTURES LIMITEDSME · BSE · ROBOKIDZ	₹100–₹106	1200	769.48×	+₹5029 min ago	₹156	+47.17%	21 Sept 2026 → 23 Sept 2026 Lists ~28 Sept 2026 (est.)
FX MULTITECH LIMITEDSME · BSE · FXML	₹110–₹116	1200	16.54×	—	—	—no GMP quoted	21 Sept 2026 → 23 Sept 2026 Lists ~28 Sept 2026 (est.)
Vivekanand Cotspin LimitedSME · BSE · VIVEKANAND	₹35–₹37	3000	1.73×	—	—	—no GMP quoted	21 Sept 2026 → 23 Sept 2026 Lists ~28 Sept 2026 (est.)
Axiom Gas Engineering LimitedSME · NSE · AXIOMGAS	₹51–₹54	2000	0.00×	—	—	—no GMP quoted	18 Sept 2026 → 22 Sept 2026 Lists ~25 Sept 2026 (est.)

Recently listed

Listed in the last 3 days — actual opening price

Company	Price band	Lot	Subscribed	GMP at close	Listed at	Listing gain	Dates
SpectraA Technology Solutions LimitedSME · NSE · SPECTRAAListed	₹112–₹118	1200	—	+₹45at close	₹224	+90.00%	17 Sept 2026 → 21 Sept 2026 Listed 24 Sept 2026
Kheria Autocomp LimitedSME · NSE · KHERIAAUTOListed	₹96–₹101	1200	0.00×	—	₹105	+3.86%	17 Sept 2026 → 21 Sept 2026 Listed 24 Sept 2026
NATIONAL STOCK EXCHANGE OF INDIA LIMITEDMainboard · BOTH · NSEListed	₹1,700–₹1,785	8	3.80×	—	₹1,800	+0.84%	17 Sept 2026 → 21 Sept 2026 Listed 24 Sept 2026
Sonaselection India LimitedMainboard · BOTH · SONAListed	₹94–₹99	150	1.46×	—	₹102	+3.34%	17 Sept 2026 → 21 Sept 2026 Listed 24 Sept 2026
SS Retail LimitedMainboard · BOTH · SSRETAILListed	₹403–₹424	35	71.33×	+₹133at close	₹624	+47.17%	16 Sept 2026 → 18 Sept 2026 Listed 23 Sept 2026
Jindal Supreme (India) LimitedMainboard · BOTH · JSIPLListed	₹88–₹93	161	125.10×	+₹24at close	₹120	+29.03%	16 Sept 2026 → 18 Sept 2026 Listed 23 Sept 2026
Hero Motors LimitedMainboard · BOTH · HEROMOTORSListed	₹79–₹84	178	4.01×	—	₹82	-2.38%	16 Sept 2026 → 18 Sept 2026 Listed 23 Sept 2026
Vama Wovenfab LimitedSME · BSE · VAMAWOVENListed	₹324–₹341	400	2.58×	+₹30at close	₹341	0.00%	15 Sept 2026 → 17 Sept 2026 Listed 22 Sept 2026
Shakti Polytarp LimitedSME · BSE · SHAKTIPOLYListed	₹56–₹59	2000	11.20×	—	₹59	-0.17%	15 Sept 2026 → 17 Sept 2026 Listed 22 Sept 2026

Older listings move to the full listing history — 17 more issues, scored against grey market premium on the accuracy page.

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About this IPO tracker

UpcomingIPO tracks every initial public offering on the National Stock Exchange and BSE — both mainboard issues and SME issues on NSE Emerge and BSE SME. For each one we publish the live grey market premium, category-wise subscription status straight from the exchanges, the price band and lot size, company fundamentals, and a link to check allotment once it is out.

Two different kinds of number appear on this site and we are careful never to let them look alike. Subscription, price band, lot size and registrar come directly from NSE and BSE. They are official, and every figure carries the time it was fetched. Grey market premium does not come from any exchange — it is quoted privately by dealers, is not recognised by SEBI, and we publish it with a named source for every quote plus a running record of how accurate it has been.

Common questions

What is IPO GMP?: The price per share private dealers will pay for an allotment before listing. It is unofficial and unregulated — read the full explanation.
How do I read subscription status?: Shares bid for, divided by shares reserved, published per category by the exchanges. QIB, NII and retail explained.
How do I check IPO allotment status?: On the registrar or BSE portal once the basis of allotment is out. Where to check and why you may have missed out.
Which upcoming IPOs are coming next?: The pipeline page lists SEBI DRHP and RHP filings, which appear months before an issue reaches the exchanges.
Is GMP reliable?: Sometimes, and we publish the record rather than asking you to guess — see GMP accuracy, including the issues it got wrong.

UpcomingIPO is an information service. Nothing here is investment advice or a recommendation to apply for any issue.