What GMP indicators are present before the share listing date in the Vishal Mega Mart vs. Mobikwik vs. Sai Life Sciences IPO?

IPO GMP: Stock market watchers report that the IPO GMP for Mobikwik is ₹166 today, Vishal Mega Mart is ₹20, and Sai Life Sciences is ₹62.

IPO GMP: Following the share allocation announcement, eager investors and market watchers await the listing date announcement for Vishal Mega Mart Limited, One Mobikwik Systems Limited, and Sai Life Sciences Limited's initial public offerings (IPOs). A public issue must be listed on the Indian bourses within three working days following the conclusion of the bidding procedure, as a result of the 'T+3' listing rule, which went into effect on December 1, 2023. Accordingly, the Vishal Mega Mart IPO, Mobikwik IPO, and Sai Life Sciences IPO are anticipated to list on December 18, 2024, which is tomorrow.

Meanwhile, the grey market is also teasing the potential profits that the fortunate allottees might receive from these initial public offerings (IPOs) prior to the announcement of the share listing date. According to them, the grey market is currently offering Vishal Mega Mart Limited shares at a premium of ₹20, One Mobikwik Systems shares at a premium of ₹166, and Sai Life Sciences shares at a premium of ₹62.

Today's Mobikwik IPO GMP
As previously stated, the grey market anticipates that the Mobikwik IPO listing price will be approximately ₹445 based on the current Mobikwik IPO GMP (Grey Market Premium) of ₹166. As a result, the grey market is suggesting that investors in the Mobikwik IPO might see a listing gain of 59%.

Today's Vishal Mega Mart IPO GMP
Stock market watchers estimate that Vishal Mega Mart's IPO GMP is ₹20 today, indicating that the gray market anticipates the IPO listin Today's Vishal Mega Mart IPO GMP
 g price to be approximately ₹98. Accordingly, the grey market suggests that investors in the Vishal Mega Mart IPO could see a listing gain of about 26%.

Today's Sai Life Sciences IPO GMP
According to market watchers, Sai Life Sciences' IPO GMP is ₹62 today, indicating that the grey market anticipates the IPO listing price to be approximately ₹611. Accordingly, the grey market is indicating that shareholders in Sai Life Sciences' initial public offering (IPO) could receive returns on their investment of about 11% on the day of the stock listing.

GMP is not a perfect predictor of the potential listing premium from an IPO, according to stock market analysts. According to them, the grey market is unregulated and unrelated to the balance sheets of the businesses that are offered in the primary market. They suggested that investors adhere to the fundamentals, look at the financial sheet of the business, and follow their gut.