Five IPOs debut on Indian exchanges today — two mainboard names and three SME issues — while three more SME IPOs close their subscription books. Here is everything you need to know this morning: live grey market premiums, estimated listing prices, final subscription figures, and today's IPO calendar.
Note: GMP (grey market premium) figures below are unofficial, market-reported premiums tracked by grey-market dealers and IPO trackers. They are not regulated quotes and can change rapidly before listing.
IPOs listing today: GMP and expected prices
| IPO | Issue price | GMP (unofficial) | Est. listing price | Final subscription | Listing on |
|---|---|---|---|---|---|
| SRIT India | ₹130 | ₹62 (~48%) | ~₹192 | 125.16x | NSE + BSE |
| Shah Investor's Home | ₹167 | ₹17 (~10%) | ~₹184 | 38.12x | NSE + BSE |
| Acme Universal Safezone 9 | ₹71 | ₹15 (~21%) | ~₹86 | ~23.4x | BSE SME |
| Shivchem Agro | ₹62 | ₹1–2 (~2%) | ~₹63–64 | ~2.2x | BSE SME |
| Pind Hospitality | ₹99 | ₹1 (~1%) | ~₹100 | ~2.7x | BSE SME |
SRIT India: the morning's headline debut
SRIT India, the IT solutions company specialising in custom application development and system integration for government and enterprise clients, carries the strongest grey-market signal of the day. A GMP of around ₹62 over the ₹130 issue price implies an estimated listing price near ₹192 — a ~48% gain.
The demand story backs it up: the IPO was subscribed 125.16 times overall (NII 312.99x, Retail 63.70x, QIB 91.84x), one of the strongest responses in recent weeks. That said, the grey market is thin and unregulated — actual opening prices can differ from GMP estimates.
Shah Investor's Home: modest premium, watch the open
The stock-broking and financial-services IPO is trading at a GMP of roughly ₹17 over its ₹167 price band, pointing to a listing near ₹184 (~10% premium). It closed with 38.12x overall subscription (QIB 28.05x, NII 95.54x, Retail 19.26x).
SME trio: Acme Universal leads
- Acme Universal Safezone 9 — the industrial safety-footwear maker closed at ~23.4x subscription and trades at a ₹15 premium (~21%), implying a listing near ₹86 against the ₹71 issue price.
- Shivchem Agro — the agrochemical formulations company (~2.2x subscribed) shows almost no premium: GMP of ₹1–2 points to a flat-ish debut near ₹63–64 against the ₹62 price.
- Pind Hospitality — the ₹17.82-crore hotel IPO (~2.7x subscribed) trades at a ₹1 premium, suggesting a debut around ₹100 against the ₹99 price.
Grey market movers to watch
- Vans Electroengineering — GMP of ~₹103 over ₹118 (~87%) keeps it the market's hottest ticket; it lists tomorrow (7 Oct) after closing at 628.73x subscription.
- Black Opal Consultants — GMP of ~₹88 over ₹197 (~45%) ahead of its 7 Oct BSE SME debut. Read our Black Opal allotment guide if you applied.
- EverestIMS Technologies — GMP of ~₹42 over ₹85 (~49%) ahead of its 8 Oct listing, after closing at ~294x subscription.
- Acme India Industries — ₹40 premium (~20%) while closing its book today.
Three SME IPOs close today (final day of bidding)
| IPO | Price band | Latest subscription* | GMP (unofficial) |
|---|---|---|---|
| Paramount Syntex | ₹119–127 | ~1.5x | ₹0 (flat) |
| TNA Solutions | ₹66–70 | ~3x | ₹10 (~14%) |
| Acme India Industries | ₹186–196 | ~3.8x | ₹40 (~20%) |
*Latest available tracker data as of yesterday's session; final-day numbers typically update during the day.
- Paramount Syntex saw QIB interest of 119.29x but weak retail demand (0.44x), with the grey market pricing it flat — a classic anchor-and-institution-driven book.
- Acme India Industries has the broadest demand of the three (QIB 5.70x, NII ~3.4x, Retail ~2.8x) and the strongest premium, implying a listing gain of about 20%.
- TNA Solutions sits in the middle at ~3x overall with a ₹10 premium.
R.K. Fashion Accessories: Day 2 of bidding
The NSE SME issue (₹77–82, ₹34.99 crore) opened yesterday and closes tomorrow (7 Oct). Day 1 saw just 0.40x subscription — QIBs at 14.11x but retail at barely 0.01x — with the grey market quoting a ₹7 premium (~8.5%). It needs retail participation on Day 3 to get over the line.
Allotments finalised today
Nine IPOs that closed on 5 Oct finalise their basis of allotment today and list on 8 Oct: Eventions (~2.4x), Vishal Nirmiti (~1.8x), Nityas Gems (~2.2x), Sollfege Smart Electronics (~2.1x), Omara Ventures (~1.1x), SJP Ultrasonic (~1.9x), Dove Soft (~1.4x), EverestIMS Technologies (~294x) and Shree TNB Polymers (~2.4x). Shares are expected to be credited on 7 Oct.
Week-ahead snapshot
- Today (6 Oct): 5 listings (SRIT India, Shah Investor's Home, Acme Universal, Shivchem Agro, Pind Hospitality); 3 SME closes; 9 allotments finalised.
- 7 Oct: Black Opal, Vans Electroengineering and Papadmalji Agro Foods list; R.K. Fashion Accessories closes.
- 8 Oct: 9 IPOs list (Eventions, Vishal Nirmiti, Nityas Gems, Sollfege Smart, Omara Ventures, SJP Ultrasonic, Dove Soft, EverestIMS, Shree TNB Polymers).
For the full week's schedule, see our upcoming IPOs this week (5–11 Oct) roundup.
FAQs
What is the SRIT India IPO GMP today?
The unofficial grey market premium for SRIT India is around ₹62 over the ₹130 issue price (~48%), implying an estimated listing price of about ₹192. This is market-reported and unregulated — it can change before listing.
What is the Shah Investor's Home IPO expected listing price?
The grey market indicates a premium of roughly ₹17 over the ₹167 issue price, suggesting a listing near ₹184 (~10% gain). This is an unofficial estimate, not a guarantee.
Which IPOs are closing today?
Three SME IPOs close today, 6 October: Paramount Syntex, TNA Solutions and Acme India Industries. R.K. Fashion Accessories closes tomorrow (7 Oct).
What is GMP in an IPO?
GMP (grey market premium) is the unofficial premium at which an IPO's shares trade in the grey market before listing. It reflects short-term demand sentiment but is unregulated and not a reliable predictor of the actual listing price.
Conclusion
This is the busiest listing day of the week so far: SRIT India's ~48% GMP is the headline number, but the grey market has a mixed record on SME debuts, as yesterday's four debuts showed. The evening slot will cover the actual listing outcomes. As always, treat GMP as sentiment, not a price target.
All GMP figures are unofficial market-reported data, subject to change, and not investment advice.