Grey market quotes the SME at a ₹4 premium over the upper band of ₹116, pointing to an indicative listing near ₹120. Last updated: 14 Oct 2026, 01:18 IST.
FX Multitech commands a grey-market premium of ₹4 (+3.4% of the ₹116 upper band), about ₹4,800 per lot of 1200 shares. Dealers are holding the line: ₹4 unchanged across 2 tracked sessions, a stand-off between grey demand and issue pricing. Books show 0.38x total subscription (QIB 0.01x, NII 1.29x, retail 0.2x). This is an SME issue on NSE Emerge/BSE SME — thinner grey-market depth than mainboard, so small dealer shifts move the quote more. The ₹139,200+ minimum ticket keeps small savers out, so SME grey quotes swing harder on fewer hands. This issue has already listed — compare the debut against the premium trail above to judge how honest the street signal was.
Unofficial street quote — treat as sentiment alongside subscription breadth and fundamentals, never as a promised listing price.
| Date | GMP | Est. Gain |
|---|---|---|
| 26 Sep | +₹4 | +3.4% |
| 25 Sep | +₹4 | +3.4% |
Est. gain = GMP as % of the upper band price (indicative listing premium).
Grey Market Premium is an unofficial, off-exchange quote. SEBI does not recognise grey-market trading; the actual listing price is decided by order-book demand on debut day.
| Price Band | ₹110 - ₹116 |
|---|---|
| Lot Size | 1,200 shares |
| Issue Size | ₹45 Cr |
| Opening Date | 21 Sep 2026 |
| Closing Date | 23 Sep 2026 |
| Listing Date | 28 Sep 2026 |
| Subscription | 0.38x |
The latest unofficial grey market premium for FX Multitech IPO is ₹4 (+, as of 14 Oct 2026, 01:18 IST).
GMP is a street quote that reacts to subscription momentum, market mood and last-day demand — at the current ₹4 premium the rough math is upper band plus premium, but the number is re-quoted through the bidding window and never guaranteed.
No. GMP is an unofficial sentiment indicator that can change quickly. The actual listing price is decided by regular order-book demand on the exchanges on debut day. For FX Multitech, the book stands at 0.38x overall with QIB demand at 0.01x — read that breadth next to the premium, not the premium alone.
The full report with subscription status, RHP financials, strengths and data-based analysis signal is on the FX Multitech IPO detail page.
Read the full FX Multitech IPO report →
Last updated: 14 Oct 2026, 01:18 IST