An IPO GMP or the grey market premium is the price at which GMP IPO (Initial Public Offering) shares are traded before it is listed on the stock exchanges. It gauges market sentiment before the official trade begins.
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IPO GMP (Grey Market Premium) is the unofficial market price that reflects the premium price at which an IPO is traded in the grey market before it gets listed on the stock exchanges.
IPO stands for Initial Public Offering. It is a process where a company decides to raise funds from the public by selling its shares. The shares are first issued in the primary market via IPO and then moved to the secondary market, where it is traded among the public. The secondary market is also known as the After Issue Market.
IPO GMP gives insight into market sentiment, helping investors understand the IPO’s demand before its listing. This will be helpful for investors in estimating possible listing gains or losses. Although it’s an informal indicator and may not always reflect actual market performance.
Solely relying only on GMP can be risky since it’s based on unofficial trading and market sentiment, which are volatile. Factors like market fluctuations or company performance might impact the actual listing price, leading to unexpected outcomes.
No, IPO GMP is an unofficial grey market price, while the listing price is the official market price when the IPO shares start trading. GMP gives an indication but is not the actual trading value of the stock on the listing day.
Investing in an IPO is made simple through Alice Blue. Follow these easy steps to start your investment:
Step 1: Open your free Demat account with Alice Blue in just 15 minutes. Already have an account !! Then just, simply login to Alice IPO.
Step 2: Choose from the IPO you want to apply and place your bid.
Step 3: Once the bid is placed via UPI, the UPI App will block funds in your Bank account proportional to the bid (Till the allotment date). If the shares are allotted to you, the money will be debited from your account, if not, the money will be unblocked.
IPO allotment refers to the process of distributing a company’s shares to investors during its Initial Public Offering. Depending on the number of applicants and available shares, it either distributes shares proportionally or, in case of oversubscription, uses a lottery system. Investors may get full, partial, or no allotment depending on subscription levels.
Please follow these steps to check the allotment status:
Step 1: Log in to your Alice Blue Account
Step 2: Navigate to the Portfolio or IPO Section
Step 3: Find the IPO Allotment Status
Step 4: Select the IPO
Step 5: Check the Status
An IPO in the grey market premium is calculated based on the demand for the shares. If the GMP is set lower then it indicates that the demand for an IPO is low and vice versa.
Attention Investors!
Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from the depository on your email id and/or mobile number to create a pledge. Pay 20% upfront margin of the transaction early to trade in the cash market segment. Investors may please refer to the Exchange’s Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020, and NSE/INSP/45534 dated August 31, 2020, and other guidelines issued from time to time in this regard. Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.
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Investment in securities markets are subject to market risks, read all the related documents carefully before investing. Brokerage will not exceed SEBI prescribed limit.
For queries regarding account opening or activation, email to [email protected] and for fund updates, email to [email protected]
Disclaimer : Prevent unauthorized transactions in your account. Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day. Issued in the interest of investors. All clients have to update their email id and mobile number with Member : Investor Grievance [email protected]
KYC is a one time exercise while dealing in securities markets – once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
No need to issue cheques by investors while subscribing to an IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in the investor’s account.
Investors are requested to note that Alice Blue Financial Services Private Limited is permitted to receive money from investor through designated bank accounts only named as Up streaming Client Nodal Bank Account (USCNBA). Alice Blue Financial Services Private Limited is also required to disclose these USCNB accounts to Stock Exchange. Hence, you are requested to use following USCNB accounts only for the purpose of dealings in your trading account with us. The details of these USCNB accounts are also displayed by Stock Exchanges on their website under “Know/ Locate your Stock Broker. Bank Details.
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