Neutral impactIPO
Priority Jewels vs ESDS Software Purple Style Labs IPO GMP: Which Could Deliver Highest Listing Gain?
NDTV Profit 1 hr ago·1 Sept 2026, 4:26 am
Three IPOs are currently in the market, with Priority Jewels, ESDS Software, and Purple Style Labs all set to hit the exchanges soon. Investors are closely watching the Grey Market Premium (GMP) to gauge the likely listing gains, which is the amount the shares might trade above the issue price on debut.
Based on the latest market sentiment, ESDS Software appears to be the most sought-after issue. Its GMP suggests an implied listing gain of around 75%, which is significantly higher than the other two listings. This indicates strong demand and positive expectations from investors for this specific company.
For investors, the GMP serves as a preliminary indicator of market appetite. While a high GMP like ESDS Software’s is encouraging, it is not a guarantee of the final listing price. Investors should keep an eye on the subscription numbers and market trends in the days leading up to the listing to make informed decisions.
Key takeaways
- Category: IPO.
Why it matters
A routine update. Use the price and stock snapshot to gauge how the market is responding.
