Grey market quotes the Mainboard at a ₹20 premium over the upper band of ₹220, pointing to an indicative listing near ₹240. Last updated: 14 Oct 2026, 03:24 IST.
Vishal Nirmiti commands a grey-market premium of ₹20 (+9.1% of the ₹220 upper band), about ₹1,360 per lot of 68 shares. Dealers are holding the line: ₹20 unchanged across 3 tracked sessions, a stand-off between grey demand and issue pricing. Books show 1.79x total subscription (QIB 1.33x, NII 1.89x, retail 1.75x). 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 | +₹20 | +9.1% |
| 13 Oct | +₹20 | +9.1% |
| 12 Oct | +₹20 | +9.1% |
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 | ₹208 - ₹220 |
|---|---|
| Lot Size | 68 shares |
| Issue Size | ₹178 Cr |
| Opening Date | 30 Sep 2026 |
| Closing Date | 05 Oct 2026 |
| Listing Date | 08 Oct 2026 |
| Subscription | 1.79x |
The latest unofficial grey market premium for Vishal Nirmiti IPO is ₹20 (+, as of 14 Oct 2026, 03:24 IST).
GMP is a street quote that reacts to subscription momentum, market mood and last-day demand — at the current ₹20 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 Vishal Nirmiti, the book stands at 1.79x overall with QIB demand at 1.33x — 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 Vishal Nirmiti IPO detail page.
Read the full Vishal Nirmiti IPO report →
Last updated: 14 Oct 2026, 03:24 IST