Neutral impactIPO
Shiprocket vs Milky Mist vs Behari Lal Engineering IPO GMP — Which IPO Offers Better Listing Gains?
NDTV Profit 1 hr ago·13 Aug 2026, 3:29 am
Shiprocket, Milky Mist, and Behari Lal Engineering are three recent initial public offerings (IPOs) that are set to close for subscription this week. Investors are closely watching the grey market premium (GMP) for each issue to gauge potential listing gains. GMP is the unofficial price quoted in the grey market before the stock officially lists on the exchanges, indicating the market's sentiment towards the IPO.
The GMP serves as a key indicator for retail investors to estimate the potential profit or loss on listing day. A higher GMP suggests strong demand and a possibility of a bumper listing, while a lower or negative GMP might signal a subdued market response. Comparing these premiums helps investors understand which IPO is currently favored by the grey market participants.
Investors should remember that GMP is not a guaranteed listing price. It is based on speculation and market sentiment, which can change rapidly. To make an informed decision, one must look beyond the GMP and evaluate the company's fundamentals, financial health, and the overall market environment before applying for any IPO.
Key takeaways
- Category: IPO.
Why it matters
A routine update. Use the price and stock snapshot to gauge how the market is responding.
