8 IPOs Hitting Dalal Street Next Week, GMP Signals Strong Listing Buzz For Select Issues

Mumbai: The coming week is going to be exciting for IPO investors as 8 companies are hitting the primary market. What’s more, their Grey Market Premium (GMP) is driving investor interest. GMP is the unofficial premium (or discount) at which an IPO share trades before its official listing. Let’s take a look at the details and grey market trends.

Patel Retail IPO

Opens: August 19 | Closes: August 21

Price Band: Rs 237–Rs 255

GMP: Rs 34–Rs 35 (≈14 percent premium)

Expected Listing Price: Around Rs 290

Vikram Solar IPO

Opens: August 19 | Closes: August 21

Price Band: Rs 315–Rs 332

GMP: Rs 60–Rs 61 (≈18 percent premium)

Expected Listing Price: Rs 392–Rs 393

Gem Aromatics IPO

Opens: August 19 | Closes: August 21

Price Band: Rs 309–Rs 325

GMP: Rs 40–Rs 41 (≈13 percent premium)

Expected Listing Price: Rs 365–Rs 366

Shreeji Shipping Global IPO

Opens: August 19 | Closes: August 21

Price Band: Rs 240–Rs 252

GMP: Rs 23–Rs 26 (≈10 percent premium)

Expected Listing Price: Around Rs 278

Mangal Electrical Industries IPO

Opens: August 20 | Closes: August 22

Price Band: Rs 533–Rs 561

GMP: Nil (Flat listing expected)

Studio LSD IPO (SME)

Opens: August 18 | Closes: August 20

Price Band: Rs 51–Rs 54

GMP: Nil (Flat listing expected)

LGT Business Connections IPO

Opens: August 19 | Closes: August 21

Price Band: Rs 107

GMP: Nil (Flat listing expected)

Classic Electrodes IPO

Opens: August 22 | Closes: August 26

Price Band: Rs 82–Rs 87

GMP: ≈20.6 percent premium

Expected Listing Price: Around Rs 105