IPO GMPs: Orient Cables IPO to German Green Steel IPO | What grey market hints on Day 1?

Four initial public offerings (IPOs) are set to open for public subscription on September 25, aiming to raise a total of ₹1,776 crore. The issuers span diverse sectors, including real estate, steel, networking, and digital commerce. The subscription window closes on September 29. The grey market, which reflects unofficial trading activity, offers early signals of investor sentiment for these new listings.
For investors, the grey market price, or the premium over the issue price, is a key indicator of how the market might receive the IPO. A healthy premium suggests strong demand, while a flat or negative premium may indicate caution. As these four companies compete for capital, the subscription numbers on Day 1 will be critical in determining their listing performance.
Excerpt from Mint
Four IPOs are set to open for public subscription on 25 September, seeking to raise ₹ 1,776 crore. The IPOs span real estate, steel, networking, and digital commerce, closing on 29 September. Subscriptions on Day 1 show varied interest across sectors. The primary market is witnessing a busy spell, with four IPOs…Read the original at Mint
Key takeaways
- Category: IPO.
Why it matters
A routine update. Use the price and stock snapshot to gauge how the market is responding.














