Positive impactIPO
SJP Ultrasonic IPO - 20 IPOs to open for subscription this week: GMPs signal up to 38% returns
economictimes.com 2 hrs ago·28 Sept 2026, 12:51 pm
A total of 20 Initial Public Offerings (IPOs) are set to open for subscription this week, marking a busy period for the primary market. Among these, SJP Ultrasonic stands out as a key listing, with its Grey Market Premium (GMP) suggesting a potential listing gain of up to 38%. This high premium implies that investors are currently valuing the stock significantly above its issue price in the unofficial market.
For retail investors, this week offers a wide range of opportunities across different sectors. The high GMP for SJP Ultrasonic signals strong demand and positive sentiment, but it also highlights the volatility often seen in IPOs. Investors should carefully review the company's financials and risk factors before applying, as listing gains are not guaranteed.
What to watch next is the subscription numbers during the IPO window. A strong response from investors could validate the high GMP and lead to a bumper listing. Conversely, a lukewarm response might cause the stock to list at a discount. Investors should also monitor the broader market conditions, as a bullish trend generally supports IPO performances.
Key takeaways
- Category: IPO.
- AI reads the tone as positive (potentially bullish) for the stock.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update worth tracking. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.
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