IPO GMP Today (3 October 2026): Orient Cables Leads at 45% Before Monday's Listing Rush
It is a quiet Saturday on Dalal Street, but the IPO market is anything but. Four mainboard IPOs list on Monday (5 October), two more follow on Tuesday, and the grey market has made its mood clear: Orient Cables (India) is the star of the listing week, commanding a premium of ₹123 — up 45.2% over its ₹272 issue price — while SRIT India and SME issue Black Opal Consultants have both surged past the 39% mark in unofficial trading.
Below is the full morning GMP snapshot for 3 October 2026, the biggest movers, the subscription status of the two issues still open, and the complete listing calendar for the week ahead.
Disclaimer: Grey market premium (GMP) is unofficial, market-reported data collected from dealer networks. It is not endorsed by SEBI, the exchanges or the issuing companies, and it can change quickly. A high GMP does not guarantee a strong listing.
IPO GMP Today: Live Premium Table (3 October 2026)
| IPO | GMP (₹) | GMP (%) | Issue price (₹) | Est. listing (₹) | Listing date |
|---|---|---|---|---|---|
| Orient Cables (India) | 123 | +45.2% | 272 | 395 | 5 Oct |
| SRIT India | 53 | +40.8% | 130 | 183 | 6 Oct |
| Black Opal Consultants (SME) | 78 | +39.6% | 197 | 275 | 7 Oct |
| Vishal Nirmiti | 35 | +15.9% | 220 | 255 | 8 Oct |
| German Green Steel & Power | 11 | +7.9% | 139 | 150 | 5 Oct |
| Shah Investor's Home | ~12 | +7.5% | 167 | ~179.5 | 6 Oct |
| Nityas Gems & Jewellery | 5 | +6.7% | 75 | 80 | 8 Oct |
| Runwal Enterprises | 14 | +4.6% | 305 | 319 | 5 Oct |
| Dudani Retail (SME) | 1 | +3.4% | 29 | 30 | 5 Oct |
| AceVector (Snapdeal) | 0 | 0.0% | 32 | 32 | 5 Oct |
GMP values are unofficial morning figures reported by market trackers (Orient Cables, SRIT India, Black Opal, German Green Steel, Dudani Retail, AceVector per ipowiz, 3 Oct morning; Vishal Nirmiti and Nityas Gems per NDTV Profit, 1 Oct; Shah Investor's Home per Economic Times/IPO Central, 1 Oct; Runwal per Economic Times). Figures may vary between sources.
Biggest GMP Movers
- Orient Cables leads and keeps climbing. Its GMP hit a tracked high of ₹123 on 2 October, nearly doubling from the ₹74 level reported three days earlier. With a 92.97x final subscription, the grey market is pricing in a bumper debut.
- SRIT India nearly doubles in a week. The premium rose from ₹31 on 29 September to ₹53 (+40.8%) today, the strongest GMP momentum among next week's listings. It closed at 125.16x subscription and allotted shares on 1 October.
- Black Opal Consultants (SME) on a tear. From ₹38 on 29 September to ₹78 (+39.6%) today — the sharpest GMP run of any issue this week. Allotment is scheduled for 5 October.
- German Green Steel cools off. The premium has slipped to ₹11 (+7.9%) from ₹29 just nine days ago, signalling a soft debut despite a 28.98x subscription.
- AceVector goes flat. After hovering at ₹1–2 through the offer period, the premium is now ₹0 — the grey market expects a listing around the ₹32 issue price.
IPOs Open Today: Subscription Status
No bidding happens on Saturday, so these figures are frozen until markets reopen:
- Vishal Nirmiti (₹208–220, closes 5 Oct): 0.60x at Day 2 — QIB 1.00x, NII ~0.84x, Retail 0.49x. GMP of ₹35 implies ~16% listing gain.
- Nityas Gems & Jewellery (₹70–75, closes 5 Oct): 0.53x at Day 2 — Retail led at 1.24x. GMP of ₹5 implies ~6.7% listing gain.
Both allot on 6 October and list on 8 October (BSE/NSE).
This Week's IPO Calendar: Key Dates
Monday, 5 October — Four Mainboard Listings
- Orient Cables (India) lists on NSE/BSE (GMP ~₹395 est.)
- German Green Steel & Power lists (GMP ~₹150 est.)
- AceVector (Snapdeal) lists (GMP flat at ₹32)
- Runwal Enterprises lists (GMP ~₹319 est.)
- Black Opal Consultants SME allotment finalised
- Vishal Nirmiti and Nityas Gems close for subscription
Tuesday, 6 October — Two Listings
- SRIT India lists (GMP ~₹183 est.)
- Shah Investor's Home lists (GMP ~₹179.5 est.)
- Vishal Nirmiti & Nityas Gems allotment finalised
Wednesday, 7 October — SME Listing Rush
- Black Opal Consultants, Vans Electroengineerings, Green Asia Impex and Papadmalji Agro Foods list on the SME platforms
Thursday, 8 October
- Vishal Nirmiti and Nityas Gems & Jewellery list on NSE/BSE
What the GMP Is Telling Us
- Institutional-heavy issues are leading the pack. Orient Cables (92.97x, QIB-heavy) and SRIT India (125.16x) both command 40%+ premiums — the grey market is rewarding strong QIB demand ahead of listing day.
- Flat GMP is not a buy signal — or a verdict. AceVector's ₹0 premium reflects thin grey-market activity rather than a certain flat listing; the issue still closed at ~4.93x subscription.
- GMP moves fast. Shah Investor's Home shows how source-dependent these numbers are — ₹12.5 per the Economic Times and IPO Central versus near-zero per other trackers. Treat every GMP figure as a mood reading, not a price quote.
FAQs
What is the GMP of Orient Cables IPO today?
As of 3 October 2026 morning, the unofficial GMP is around ₹123 — a 45.2% premium over the ₹272 issue price, implying an estimated listing around ₹395. The shares list on Monday, 5 October.
Which IPOs are listing next week?
Orient Cables, German Green Steel, AceVector and Runwal list on 5 October; SRIT India and Shah Investor's Home on 6 October; Black Opal Consultants, Vans, Green Asia Impex and Papadmalji Agro Foods (SME) on 7 October; Vishal Nirmiti and Nityas Gems on 8 October.
Which IPOs are open for subscription today?
None are accepting bids today — it is Saturday. Vishal Nirmiti (0.60x) and Nityas Gems & Jewellery (0.53x) are frozen at Day 2 and close on Monday, 5 October.
Is GMP a reliable predictor of listing price?
No. GMP is an unofficial, unregulated market indicator. It often moves with listing-day sentiment but does not guarantee the opening price — always weigh the company's fundamentals and subscription demand too.
Conclusion
The 3 October grey market snapshot sets up one of the busiest listing weeks of the year: Orient Cables carries the week's biggest premium into Monday, SRIT India and Black Opal Consultants are the momentum stories, and two mainboard issues get their last bidding day on Monday. We will track how the GMP holds through the weekend in tomorrow's roundup — and watch the actual listing prices on Monday morning.
Related reading on IPOlist.in: Orient Cables' 92.97x subscription was covered in our allotment guide (https://www.ipolist.in/blog/ipo-allotment-today-30-september-2026-orient-cables-green-steel); the SRIT India deep-dive is at https://www.ipolist.in/blog/srit-india-ipo-price-band-date-gmp-review; the AceVector (Snapdeal) review at https://www.ipolist.in/blog/acevector-ipo-snapdeal-price-band-date-gmp-review; and the German Green Steel review at https://www.ipolist.in/blog/german-green-steel-ipo-gmp-price-band-date.