Grey market quotes the SME at a ₹8 premium over the upper band of ₹113, pointing to an indicative listing near ₹121. Last updated: 14 Oct 2026, 02:21 IST.
Sai Urja Indo Ventures commands a grey-market premium of ₹8 (+7.1% of the ₹113 upper band), about ₹9,600 per lot of 1200 shares. Dealers are holding the line: ₹8 unchanged across 3 tracked sessions, a stand-off between grey demand and issue pricing. Books show 4.95x total subscription (QIB 2.8x, NII 9.9x, retail 4.04x). 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 ₹135,600+ 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 |
|---|---|---|
| 14 Oct | +₹8 | +7.1% |
| 13 Oct | +₹8 | +7.1% |
| 12 Oct | +₹8 | +7.1% |
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 | ₹107 - ₹113 |
|---|---|
| Lot Size | 1,200 shares |
| Issue Size | ₹25 Cr |
| Opening Date | 25 Sep 2026 |
| Closing Date | 29 Sep 2026 |
| Listing Date | 05 Oct 2026 |
| Subscription | 4.95x |
The latest unofficial grey market premium for Sai Urja Indo Ventures IPO is ₹8 (+, as of 14 Oct 2026, 02:21 IST).
GMP is a street quote that reacts to subscription momentum, market mood and last-day demand — at the current ₹8 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 Sai Urja Indo Ventures, the book stands at 4.95x overall with QIB demand at 2.8x — 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 Sai Urja Indo Ventures IPO detail page.
Read the full Sai Urja Indo Ventures IPO report →
Last updated: 14 Oct 2026, 02:21 IST