https://v2.webnotes.in/tags/listing-gain/Recent content in Listing Gain on WebNotesHugoen-INMon, 18 May 2026 00:00:00 +0000https://v2.webnotes.in/grey-market-premium/Mon, 18 May 2026 00:00:00 +0000https://v2.webnotes.in/grey-market-premium/<p>The <strong>grey market premium (GMP)</strong> in Indian IPOs is the unofficial price at which IPO shares trade in a private dealer network between the IPO price-band announcement and the listing day. The grey market is a parallel, unregulated trading market that operates outside the purview of <a href="https://v2.webnotes.in/sebi/">SEBI</a> and the recognised stock exchanges, conducted through informal dealer networks primarily in Mumbai, Gujarat, and other commercial centres. GMP quotes are published by financial media and tracked widely by retail investors as a sentiment indicator for likely listing-day price action, though the predictive value of GMP varies substantially across issues.</p>