Shanti Gold International IPO is currently gaining momentum in the grey market with the latest GMP (Grey Market Premium) recorded at ₹37, as of July 25th, 2025, 09:02 PM. With a price band set at ₹199.00, the estimated listing price is calculated to be around ₹236, offering a potential listing gain of 18.59% per share. This suggests bullish investor sentiment and heightened expectations ahead of listing day.
Investor interest is further reflected in the subject to Sauda market, where retail demand is quoting around ₹2,100, and Small HNIs are bidding up to ₹29,400. The Shanti Gold International IPO is clearly drawing attention from both small and large investors, pointing toward a strong oversubscription trend.
Over the past eight trading sessions, the GMP trend has shown a noticeable upward movement. The lowest GMP recorded was ₹0.00, and the highest has touched ₹39.00, demonstrating increasing optimism. Based on current grey market behavior, analysts expect the Shanti Gold International IPO to have a solid listing, especially if momentum holds through the final allotment stages.
We update all GMP data in real time, ensuring readers stay informed about every movement in the grey market. As things stand, the Shanti Gold International IPO remains one of the most-watched offerings in the SME IPO segment.
Desclamer:The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
Shanti Gold International IPO Quick Snapshot
- GMP Today: ₹37
- Price Band: ₹199.00
- Estimated Listing Price: ₹236
- Expected Gain: 18.59%
- Retail Subject to Sauda: ₹2,100
- Small HNI Subject to Sauda: ₹29,400
- GMP Range (Last 8 Sessions): ₹0.00 – ₹39.00
- Trend: 📈 Bullish
Shanti Gold International IPO GMP Trend
GMP Table
Real-time IPO Grey Market Premium tracking
📋 Daily Update Instructions:
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📄 Current Data (Copy this to your HTML file):
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Estimated Listing Price | Estimated Profit* | Last Updated | Actions |
|---|
IPO grey market premium (GMP) IN (Q&A)
What is IPO Grey Market Premium (GMP)?
A: IPO Grey Market Premium (GMP) is the price at which shares of an upcoming IPO are unofficially traded in the grey market before their official listing on stock exchanges. It reflects investor sentiment and possible listing expectations.
Q2. How is GMP calculated?
A: GMP is calculated as the difference between the grey market price and the IPO issue price.
For example: If the IPO price is ₹100 and GMP is ₹30, the expected listing price is ₹130.
Read More
Is GMP a reliable indicator for IPO listing gains?
A: While GMP gives an early sense of demand, it is unofficial and not regulated. It may fluctuate based on market buzz, subscription status, and demand from HNIs or institutions. It is not a guaranteed predictor of listing price.
Q4. What does ‘Subject to Sauda’ mean in GMP terms?
A: ‘Subject to Sauda’ is a grey market term indicating how much a seller can earn if they are allotted IPO shares. For example, if ‘Retail Subject to’ is ₹1,000, it means buyers are willing to pay ₹1,000 per application for confirmed allotments.
Q5. Is trading in grey market legal in India?
A: No, grey market trading is unofficial and unregulated in India. It operates outside the purview of SEBI. Participating in it involves risks, and investors are advised to rely only on official channels.
Q6. Why does GMP change daily?
A: GMP fluctuates due to several factors:
- Overall IPO demand and subscription numbers
- Market sentiment and news flow
- HNI and institutional interest
- Global and domestic market conditions
Q7. Should investors consider GMP before applying for an IPO?
A: GMP can be a useful sentiment indicator but should not be the sole reason for investing. It is important to review company fundamentals, financials, valuation, and risk factors mentioned in the RHP (Red Herring Prospectus).
Shanti Gold International IPO Dates
| IPO Activity | Date |
|---|---|
| IPO Open Date | 25th Jul 2025 |
| IPO Close Date | 29th Jul 2025 |
| Basis of Allotment Finalisation Date | 30th Jul 2025 |
| Refunds Initiation | 31st Jul 2025 |
| Credit of Shares to Demat Account | 31st Jul 2025 |
| IPO Listing Date | 1st Aug 2025 |
Disclaimer: This is not financial advice. Always consult a financial advisor. Investments are subject to market risks. The author does not plan to invest in this offering.
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