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.

Open now

Live from NSE + BSE · fetched 14 min ago

Company	Price band	Lot	Subscribed	GMP	Implied listing	Implied gain	Dates
Anawil Wire and Engineering LimitedMainboard · NSE · ANAWILClosing today	₹257–₹270	—	0.00×	+₹5851 min ago	₹328	+21.48%	03 Aug 2026 → 05 Aug 2026 Lists —
G V Electricals LtdSME · BSE · GVELECTRIC	₹123–₹130	1000	129.48×	+₹1651 min ago	₹146	+12.31%	31 Jul 2026 → 07 Aug 2026 Lists —
DHAVAL PACKAGING LIMITEDSME · BSE · DHAVALPACK	₹92–₹97	1200	46.38×	+₹551 min ago	₹102	+5.15%	30 Jul 2026 → 03 Aug 2026 Lists —
Ardee Industries LimitedMainboard · BOTH · ARDEE	₹50–₹53	281	0.00×	—	—	—	05 Aug 2026 → 07 Aug 2026 Lists —
Aegeus Technologies LimitedSME · BSE · AEGEUS	₹100–₹105	1200	0.31×	—	—	—	04 Aug 2026 → 06 Aug 2026 Lists —
Oneindig Technologies LimitedSME · BSE · ONEINDIG	₹91–₹96	1200	1.68×	—	—	—	30 Jul 2026 → 03 Aug 2026 Lists —

Upcoming

Bidding not yet started

Company	Price band	Lot	Subscribed	GMP	Implied listing	Implied gain	Dates
LAPL AUTOMOTIVE LIMITEDSME · BSE · LAPL	₹88–₹94	1200	—	+₹1751 min ago	₹111	+18.09%	06 Aug 2026 → 10 Aug 2026 Lists —

Closed — awaiting listing

Bidding done, allotment or listing pending

Company	Price band	Lot	Subscribed	GMP	Implied listing	Implied gain	Dates
Fusion Klassroom Edutech LimitedSME · BSE · KLASSROOM	₹151–₹159	800	1.47×	—	—	—	31 Jul 2026 → 04 Aug 2026 Lists —
Juniper Green Energy LimitedMainboard · BOTH · JNPR	₹214–₹225	66	6.12×	+₹1151 min ago	₹236	+4.89%	30 Jul 2026 → 03 Aug 2026 Lists —
MV Electrosystems LimitedMainboard · BOTH · MVELECTRO	₹400–₹425	34	137.74×	+₹9151 min ago	₹516	+21.41%	30 Jul 2026 → 03 Aug 2026 Lists —
Manipal Health Enterprises LimitedMainboard · BOTH · MANIPALHOS	₹560–₹590	25	2.65×	+₹351 min ago	₹593	+0.51%	29 Jul 2026 → 31 Jul 2026 Lists —
H. R. Hygiene Products LimitedSME · BSE · HRHYGIENE	₹83–₹88	1600	6.26×	+₹251 min ago	₹90	+2.27%	29 Jul 2026 → 31 Jul 2026 Lists —
POOJAA PRECISION ENGG LIMITEDSME · BSE · PPEL	₹285–₹301	400	259.42×	—	—	—	28 Jul 2026 → 30 Jul 2026 Lists —

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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.