Neutral impactIPO

Adroit Industries vs ArMee Infotech vs Swastika Infra vs Elevate Campuses: IPO GMP, Listing Gain

NDTV Profit 10 hrs ago·25 Sept 2026, 3:21 am

Investors are closely watching four upcoming initial public offerings (IPOs) as the bidding period enters its final days. Adroit Industries, ArMee Infotech, Swastika Infra, and Elevate Campuses are seeing different price premiums in the grey market, which suggests varied expectations for their listing performance. The grey market price (GMP) reflects the unofficial trading value before the stock officially hits the exchanges, and a high GMP often indicates strong investor demand.

For retail investors, these IPOs present a chance to participate in new company offerings, but the outcomes can differ significantly. While some stocks may see a healthy listing gain, others might trade flat or even at a discount. It is crucial to remember that the grey market is speculative and not an official indicator of the final issue price.

What to watch next is the official issue price and the final subscription numbers. Investors should analyze the company fundamentals and the market sentiment before deciding to apply. The listing gains will depend on how the stock performs on its debut day, so a cautious approach is recommended.

Key takeaways

  • Category: IPO.

Why it matters

A routine update. Use the price and stock snapshot to gauge how the market is responding.

Summary & analysis by DocStoX. Full story at NDTV Profit.

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Aggregated from third-party sources for research. Sentiment & impact are AI-generated, indicative, not advice.