GMP
Grey Market Premium is an unofficial premium quoted outside the exchange. It can change quickly and is not guaranteed.
IPO GUIDE
How IPO numbers work
A simple guide to GMP, price bands, lot sizes, issue sizes and important IPO dates.
Price band
The issuer's indicated price range for bidding. The final issue price may be fixed at the upper or lower end.
Lot size
The minimum number of shares in one application lot. Multiply the lot size by the price to estimate the minimum bid amount.
Issue size
The total value of shares offered in the IPO. It may include a fresh issue, an offer for sale, or both.
Allotment
The allotment date is when the basis of allotment is finalized. Investors can check their allotment through the registrar or other official channels.
Listing
The listing date is when the shares are expected to begin trading on the relevant stock exchange, subject to the official schedule.
How to evaluate the main IPO numbers
Start with the issue basics: price band, lot size, issue size, opening and closing dates, allotment date and expected listing date. Then review the latest IPO GMP and subscription status as separate market indicators. GMP is unofficial, while subscription figures describe demand recorded during the bidding period; neither should be treated as a guarantee of listing performance.
How to estimate the minimum application amount
A basic estimate is the upper end of the price band multiplied by one lot. For example, a ₹500 upper price and a 20-share lot would imply a ₹10,000 bid amount for one lot. Actual application rules and category limits depend on the specific IPO and applicable exchange/issuer requirements.
What should you check before applying?
Review the official offer document, company information, issue structure, investor-category reservation, important dates and the latest available subscription information. If an IPO page contains a registrar link, use that official source for allotment status after the issue closes. You can browse all available issues in the IPO Directory.
Important reminder
IPO Dhamaka is an informational resource. Always verify offer dates, price bands, subscription figures, allotment information and listing details using official issuer, exchange and registrar sources before making an investment decision.