IPO GMP Today: Toss The Coin To Jungle Camps India, Check Grey Market Premium Of 5 Active SME Issues

The primary market is witnessing hectic activities in December so far with the launch of as many as 13 initial public offerings (IPOs) since the beginning of the month. Currently, five SME IPOs, including the public offers of Toss The Coin Ltd. and Jungle Camps India Ltd. are open for subscription.

The SME issues of Yash Highvoltage Ltd. opened for bidding on Thursday. On the other hand, the IPOs of Purple United Sales Ltd. and Supreme Facility Management Ltd. opened on Wednesday.

Before subscribing, many investors can track the GMP or grey market premium of the issues to get an indication of the listing price of the IPO stocks.

The GMP of an IPO is the premium at which the shares trade at unlisted markets before a stock lists on BSE or NSE. These unofficial numbers give a projected listing price of the shares. However, as they are not an official quote, the actual listing price may be different.

Before investing in the SME IPOs, here is a list of their GMPs and potential listing gains, as per Investorgain.

Jungle Camps India IPO opened on Dec. 10 and will close on Dec. 12. The price band of the IPO has been fixed at Rs 68 to Rs 72 per share.

Here are the details of Jungle Camps India IPO GMP:

• Latest GMP as of 1:29 p.m. on Thursday: Rs 60

• Listing Gain: 83.33%

• Listing Price: Rs 132

BSE SME issue Toss The Coin IPO also opened on Dec. 10 and will close for subscription on Dec. 12. The price band has been set at Rs 172 to Rs 182 per share.

Check Toss The Coin IPO GMP details below:

• Latest GMP as of 2:01 p.m on Thursday: Rs 199

• Listing Gain: 109.34%

• Listing Price: Rs 381

Supreme Facility Management IPO, which will remain open for subscription between Dec. 11 and Dec. 13, will list on NSE SME. The price band of the issue has been set at Rs 72 to Rs 76 apiece.

Check the latest GMP for Supreme Facility Management IPO:  

• Latest GMP as of 12:32 p.m. on Thursday: Rs 24

• Listing Gain: 31.58%

• Listing Price: Rs 100

The initial share sale of Purple United Sales started on Dec. 11 and will conclude on Dec. 13. The price band of the IPO has been set at Rs 121 to Rs 126 per share.

Here are Purple United Sales IPO GMP details:

• Latest GMP as of 1:55 p.m. of Thursday: Rs 50

• Listing Gain: 39.68%

• Listing Price: Rs 176

Yash Highvoltage IPO opened on Dec. 12 and will close on Dec. 16. The company has fixed the price band of the issue at Rs 138 to Rs 146 per share. 

Check the Yash Highvoltage IPO GMP details here:

• Latest GMP as of 12:30 p.m. on Thursday: Rs 130

• Listing Gain: 89.04%

• Listing Price: Rs 276

Disclaimer: Investments in initial public offerings are subject to market risks. Please consult with financial advisors and read red herring prospectus thoroughly before placing bids.