IPO Listing Scoreboard
What the grey market implied, against what actually happened on listing day.
Most sites publish GMP and never revisit it. This page keeps the record — including every time the grey market was wrong. It is a factual comparison of two public numbers, not a rating of anyone's forecast.
This month
Over the last 30 days, 42 IPOs listed with grey market premium (GMP) data showing a 0% directional accuracy rate. The average absolute error was 0 percentage points, indicating a complete lack of predictive value in the GMP signals during this period. The largest miss involved R.K.Fashion Accessories Limited, where the GMP implied a null percentage, while the stock actually opened at a 7.32% discount. This discrepancy highlights the unreliability of GMP as a proxy for listing performance. In terms of actual listing outcomes, SpectraA Technology Solutions Limited performed best, opening at 99.49% of its issue price, whereas Annu Projects Limited was the weakest, listing at a 50.22% discount. These figures demonstrate that GMP data failed to align with actual market reception for every single issue in this sample, with no correct directional calls recorded.
Written from the table below on 13 Oct 2026. Generated summary of our own record.
The comparison has not started yet — here is why
This page compares what the grey market said before an issue closed against what the stock actually did on listing day. Both halves are needed, and only one of them can be recovered after the fact.
Listing prices are permanent. 218 past listings are already on file, going back years.
Grey market premium is not. It is quoted privately while an issue is open, published by nobody officially, and gone once the issue closes. There is no archive to buy and no source to trust for what a 2019 issue was quoting on its final morning. Inventing one would make every number on this page worthless.
So the record begins with issues tracked from before their close. The first scored entry arrives when HD Fire Protect Limited lists on 21 Oct 2026.
What is on file already
Listing outcomes without the grey market comparison — what these issues actually did, which is the half that survives.
The full list is on listing performance. It grows on its own as the archive deepens.
Listed, but not scoreable
60 issues listed without a grey market premium on file to compare against. These are not failed predictions — no prediction was recorded. They are here because leaving them out of a page about honesty would be its own kind of dishonesty.
| IPO | Issue price | Listed at | Listing gain | Date |
|---|---|---|---|---|
| R.K.Fashion Accessories Limited | ₹82 | ₹76 | -7.32% | 12 Oct 2026 |
| Vishal Nirmiti Limited | ₹220 | ₹204.25 | -7.16% | 08 Oct 2026 |
| Eventions Limited | ₹118 | ₹105.45 | -10.64% | 08 Oct 2026 |
| Nityas Gems and Jewellery Limited | ₹75 | ₹83.99 | +11.99% | 08 Oct 2026 |
| Green Asia Impex Limited | ₹89 | ₹84.55 | -5.00% | 07 Oct 2026 |
| Papadmalji Agro Foods Limited | ₹72 | ₹68.75 | -4.51% | 07 Oct 2026 |
| SRIT India Limited | ₹130 | ₹155.09 | +19.30% | 06 Oct 2026 |
| Shah Investor's Home Limited | ₹167 | ₹173.79 | +4.07% | 06 Oct 2026 |
| Acevector Limited | ₹32 | ₹26.08 | -18.50% | 05 Oct 2026 |
| Bench Mark Infotech Services Limited | ₹110 | ₹115.5 | +5.00% | 05 Oct 2026 |
| Orient Cables (India) Limited | ₹272 | ₹405 | +48.90% | 05 Oct 2026 |
| Runwal Enterprises Limited | ₹305 | ₹301.45 | -1.16% | 05 Oct 2026 |
| Himalayan Solar Limited | ₹103 | ₹84.85 | -17.62% | 05 Oct 2026 |
| Moneyview Limited | ₹34 | ₹53.88 | +58.47% | 01 Oct 2026 |
| A-One Steels India Limited | ₹405 | ₹416.55 | +2.85% | 01 Oct 2026 |
| Pooja Logistics Limited | ₹115 | ₹123.9 | +7.74% | 30 Sept 2026 |
| Elevate Campuses Limited | ₹362 | ₹322.95 | -10.79% | 30 Sept 2026 |
| Coreintegra Consulting Services Limited | ₹78 | ₹78.9 | +1.15% | 30 Sept 2026 |
| Swastika Infra Limited | ₹185 | ₹210 | +13.51% | 30 Sept 2026 |
| ArMee Infotech Limited | ₹375 | ₹300 | -20.00% | 30 Sept 2026 |
| Adroit Industries (India) Limited | ₹134 | ₹248.39 | +85.37% | 30 Sept 2026 |
| Varmora Granito Limited | ₹148 | ₹152.19 | +2.83% | 29 Sept 2026 |
| Axiom Gas Engineering Limited | ₹54 | ₹54.05 | +0.09% | 25 Sept 2026 |
| Kheria Autocomp Limited | ₹101 | ₹103.05 | +2.03% | 24 Sept 2026 |
| SpectraA Technology Solutions Limited | ₹118 | ₹235.4 | +99.49% | 24 Sept 2026 |
| Sonaselection India Limited | ₹99 | ₹107.42 | +8.51% | 24 Sept 2026 |
| SS Retail Limited | ₹424 | ₹748.8 | +76.60% | 23 Sept 2026 |
| Hero Motors Limited | ₹84 | ₹98.4 | +17.14% | 23 Sept 2026 |
| Jindal Supreme (India) Limited | ₹93 | ₹126 | +35.48% | 23 Sept 2026 |
| Manika Plastech Limited | ₹43 | ₹43.14 | +0.33% | 21 Sept 2026 |
GMP is quoted privately while an issue is open and published historically by nobody. For an issue that closed before this site tracked it, the figure cannot be recovered — so it is not invented.
| IPO | Listed | GMP implied | Actual listing | Error | Direction right? |
|---|---|---|---|---|---|
| No listings scored yet. | |||||
Error is implied minus actual, in percentage points. "Direction right" asks only whether the grey market got the sign correct — being out by 5pp on a premium is a different kind of wrong from calling a discount a premium.