GMP Today

IPO GMP Today (4 Oct): Vans SME at 59% Before Listings

IPO GMP today (4 Oct): Vans SME leads at 59%, Orient Cables holds 39% before Monday's 4 mainboard listings. Live GMP table and this week's listing calendar.

Purnik Gabani(Lead IPO Analyst)

•04 October 2026•6 min read

IPO GMP Today (4 Oct): Vans SME at 59% Before Listings

Grey market premiums are holding firm on a quiet Sunday as the primary market braces for one of its busiest listing weeks of 2026. With no bidding today, attention is entirely on the week ahead: four mainboard IPOs — Orient Cables, German Green Steel & Power, AceVector and Runwal Enterprises — debut on Monday (5 October), followed by SRIT India and Shah Investor's Home on Tuesday, and the bumper SME listings of Black Opal Consultants and Vans Electroengineerings on Wednesday.

Among today's premiums, Vans Electroengineerings leads the unofficial market at a 59% premium, while Orient Cables holds a strong 39% premium ahead of its Monday debut. All GMP figures below are unofficial, market-reported premiums and can change sharply before listing.

IPO GMP Today: Live Table (4 October 2026)

| IPO | Status | GMP (Rs) | Premium over issue price | Listing / next event |
|---|---|---|---|---|
| Vans Electroengineerings (SME) | Awaiting allotment | Rs 70 | ~59.3% | Lists 7 Oct |
| Black Opal Consultants (SME) | Awaiting allotment | Rs 66 | ~33.5% | Lists 7 Oct |
| Orient Cables (Mainboard) | Allotment out | Rs 107 | ~39.3% | Lists 5 Oct |
| SRIT India (Mainboard) | Allotment out | Rs 47 | ~36.2% | Lists 6 Oct |
| EverestIMS Technologies (SME) | Live (closes 5 Oct) | Rs 28 | ~32.9% | Lists 8 Oct |
| German Green Steel & Power (Mainboard) | Allotment out | Rs 14 | ~10.1% | Lists 5 Oct |
| Shah Investor's Home (Mainboard) | Allotment out | Rs 12 | ~7.2% | Lists 6 Oct |
| Vishal Nirmiti (SME) | Live (closes 5 Oct) | Rs 20 | ~9.1% | Closes 5 Oct |
| Nityas Gems & Jewellery (SME) | Live (closes 5 Oct) | Rs 3 | ~4% | Closes 5 Oct |
| AceVector (Mainboard) | Allotment out | Rs 1 | ~3.1% | Lists 5 Oct |
| Runwal Enterprises (Mainboard) | Allotment out | Rs 0 | Flat | Lists 5 Oct |

Sources: live GMP trackers updated 4 October 2026, cross-checked against market press coverage of the week's listing calendar.

Biggest GMP Movers: Vans and Black Opal Dominate the SME End

Vans Electroengineerings (Rs 70, ~59%) — the grey market's hottest pre-listing trade. The Rs 33.98 crore BSE SME issue closed on 1 October with subscription of 629 times, and the unofficial premium implies a listing around Rs 188 against the Rs 118 issue price. Allotment is expected on Monday (5 October), ahead of the 7 October debut.
Black Opal Consultants (Rs 66, ~33.5%) — the second big SME mover. The Rs 197 issue-price stock was subscribed 73.8 times and implies a listing near Rs 263. It follows the same Monday-allotment, Wednesday-listing timeline as Vans.
Orient Cables (Rs 107, ~39.3%) — the mainboard leader. The Rs 272 issue implies a Monday listing around Rs 379 per share. The Rs 552 crore issue was subscribed 92.97 times, the highest among the September-end mainboard batch.
EverestIMS Technologies (Rs 28, ~32.9%) — the standout among IPOs still open. The Rs 48.46 crore BSE SME issue closes Monday (5 October) ahead of its 8 October listing.
SRIT India (Rs 47, ~36.2%) — firm ahead of Tuesday's debut, implying a listing around Rs 177 against the Rs 130 issue price. The issue was subscribed 125.16 times.

At the weaker end, Runwal Enterprises is indicating a flat listing in the grey market despite its Rs 500 crore size, while AceVector (Snapdeal) trades at barely Rs 1 above its Rs 32 issue price.

Monday's Listing Rush: 4 Mainboard IPOs Debut Together

Monday 5 October brings four mainboard listings at once:

| IPO | Issue size | Issue price | Subscription | GMP-implied listing price |
|---|---|---|---|---|
| Orient Cables | Rs 552 cr | Rs 272 | 92.97x | ~Rs 379 |
| German Green Steel & Power | Rs 303.90 cr | Rs 139 | 28.98x | ~Rs 153 |
| AceVector (Snapdeal) | Rs 420 cr | Rs 32 | ~4.9x | ~Rs 33 |
| Runwal Enterprises | Rs 499.83 cr | Rs 305 | 2.50x | ~Rs 305 (flat) |

GMP-implied prices are unofficial estimates from grey market premiums and are not guaranteed.

In addition, Bench Mark Infotech Services is scheduled to make its SME debut on Monday.

IPOs Closing on Monday (5 October)

Four SME issues close for bidding on Monday — the last chance to apply:

Vishal Nirmiti (SME): GMP Rs 20 (~9.1% premium), subscription was 0.60x at the Day 2 freeze during the Gandhi Jayanti holiday.
Nityas Gems & Jewellery (SME): GMP Rs 3 (~4%), subscription 0.69x at Day 2.
EverestIMS Technologies (BSE SME): GMP Rs 28 (~33%), listing 8 October.
Shree TNB Polymers (BSE SME): no grey market premium yet.

Note: bidding resumes on Monday since today (Sunday) is a market holiday.

This Week's IPO Calendar (5-8 October)

| Date | Event |
|---|---|
| Mon 5 Oct | Listings: Orient Cables, German Green Steel, AceVector, Runwal Enterprises (mainboard), Bench Mark Infotech (SME). Allotments: Vans Electroengineerings, Black Opal, Papadmalji Agro Foods (SME). Closes: Vishal Nirmiti, Nityas Gems, EverestIMS, Shree TNB Polymers |
| Tue 6 Oct | Listings: SRIT India, Shah Investor's Home (mainboard); Pind Hospitality, Shivchem Agro, Acme Universal Safezone (SME) |
| Wed 7 Oct | Listings: Black Opal Consultants, Vans Electroengineerings, Papadmalji Agro Foods (SME) |
| Thu 8 Oct | Listings: EverestIMS Technologies, Acme India Industries (SME) |

FAQs

Q: What is the highest IPO GMP today (4 October 2026)?
A: Vans Electroengineerings leads with an unofficial premium of Rs 70 (~59%) over its Rs 118 issue price, ahead of its 7 October BSE SME listing. Among mainboard IPOs, Orient Cables leads at Rs 107 (~39.3%).

Q: Which IPOs are listing on Monday, 5 October 2026?
A: Orient Cables, German Green Steel & Power, AceVector and Runwal Enterprises list on the mainboard, alongside the SME debut of Bench Mark Infotech Services.

Q: Which IPOs close for subscription on Monday?
A: Vishal Nirmiti, Nityas Gems & Jewellery, EverestIMS Technologies and Shree TNB Polymers all close on Monday, 5 October.

Q: Is GMP a reliable indicator of listing price?
A: No. Grey market premiums are unofficial, unregulated and can swing sharply before listing. Actual listing prices depend on market sentiment, institutional demand and index levels on the day. Use GMP as one data point alongside the company's financials, valuation and subscription data.

Conclusion

The grey market is signaling a busy, mostly upbeat listing week: Vans Electroengineerings and Black Opal look set for blockbuster SME debuts on Wednesday, while Orient Cables leads the four-way mainboard listing rush on Monday at a ~39% implied premium. With four SME issues closing on Monday and all eyes on debut-day performance, Monday's listing action will set the tone for the rest of the week. Track the live IPO GMP table and listing calendar through the week for updates.