This issue listed on 22 Sep 2026 — grey-market quoting band ho chuki hai. Final unofficial premium +₹6 (+10.2%) tha, actual debut see year archive. Compare the two to judge how honest the street signal was.
Shakti Polytarp commands a grey-market premium of ₹6 (+10.2% of the ₹59 upper band), about ₹12,000 per lot of 2000 shares. Dealers are holding the line: ₹6 unchanged across 2 tracked sessions, a stand-off between grey demand and issue pricing. Books show 11.87x total subscription (QIB 49.22x, NII 5.43x, retail 4.12x). Institutions are carrying this issue — QIB demand near 49.22x is the smart-money leg that grey quotes usually follow, not lead. 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 ₹118,000+ 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 |
|---|---|---|
| 21 Sep | +₹6 | +10.2% |
| 20 Sep | +₹6 | +10.2% |
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 | ₹56 - ₹59 |
|---|---|
| Lot Size | 2,000 shares |
| Issue Size | ₹27 Cr |
| Opening Date | 15 Sep 2026 |
| Closing Date | 17 Sep 2026 |
| Listing Date | 22 Sep 2026 |
| Subscription | 11.87x |
The last unofficial grey market premium for Shakti Polytarp IPO was ₹6 (+, frozen at listing). Grey market quoting stops once an issue lists.
Grey market premium is a street quote that reacted to subscription momentum and market mood — the final unofficial premium was ₹6, frozen once the issue listed. It was 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 Shakti Polytarp, the book stands at 11.87x overall with QIB demand at 49.22x — 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 Shakti Polytarp IPO detail page.
Read the full Shakti Polytarp IPO report →
Last updated: 22 Sep 2026 IST