IPOs Watch 2025: Your Ultimate Guide to the New IPOs List & Grey Market Premium

The 2025 IPO calendar is moving very fast, promising to bring a wave of exciting opportunities for investors. After some time of peace, the market is increasing optimism due to strong stock valuation and a more stable economic scenario. This guide will serve as your central hub for everything related to the “IPOs Watch 2025,” from the most anticipated new IPOs to the intricate workings of the Grey Market Premium (GMP). Whether you’re looking for the “best IPO to buy this week” or seeking to understand “IPO subscription status,” we’ve got you covered.

After a spectacular performance of 2024, in which an increase in earnings from IPOs compared to last year and an increase of about 40% in the number of IPOs was seen by all indications to another more active 2025. Tech giants and innovative startups are in queuing to be public, attracting the attention of investors who are eager to invest first in the next big thing. Companies such as Stripe, Databricks, and KLARNA are one of the high-profile names that are expected to be in the market.
This comprehensive article will make the IPO process easier, explain the importance of gray market premium, and will give you practical strategies to help in this dynamic market and potentially improve your investment results.

To Be Announced IPOs (India)

Current IPO

IPOs Watch 2025: A List of Upcoming IPOs

The year 2025 is bringing a diverse range of IPOs to the Indian stock market, from innovative technology startups to established manufacturing and service-based companies. Here is a detailed “New IPOs List” of some of the significant offerings to watch for, including both mainboard and SME IPOs. This list will be continuously updated to reflect the latest announcements and changes.

Upcoming IPO

We will keep our “IPO Watch 2025 Calendar” updated with the latest dates and details for all “Upcoming IPOs this week India” and “Upcoming IPOs this month India.”

Past IPO

No IPO data available.

IPO GMP Today: Decoding the Latest IPO Grey Market Premium

Before an IPO officially lists on a stock exchange, it often trades in an unofficial, parallel market known as the grey market. The “IPO GMP Today” is a critical metric that emerges from this environment, representing the premium investors are willing to pay over the official issue price.

What is Grey Market and GMP?

Grey Market

The Grey Market is an unregulated, over-the-counter market where individuals buy and sell IPO shares or applications before they are listed. All transactions are based on trust and word-of-mouth, as there are no official regulatory bodies involved.

Grey Market Premium

Grey Market Premium (GMP) is the difference between the price of an IPO share in the grey market and its official issue price. For example, if a company sets its IPO price at $50 per share and the share is trading in the grey market for $65, the GMP is $15. This indicates that there is strong demand for the stock and investors anticipate it will list at a higher price. A negative GMP, conversely, suggests a bearish outlook.

Significance of IPO GMP

While unofficial, the GMP is a widely watched indicator for several reasons:

• Gauges Market Sentiment: It serves as a barometer for the demand and enthusiasm surrounding an upcoming IPO. A high GMP often signals strong investor interest.
• Predicts Listing Gains: Many investors use the GMP to estimate the potential listing price. The anticipated listing price is often calculated as the Issue Price + GMP.
• Informs Investment Decisions: Although it shouldn’t be the sole factor, a consistently high GMP can influence an investor’s decision to apply for an IPO.

IPO GMP Disclaimer:

It is crucial to remember that the GMP is not an official price and is not always an accurate predictor of a stock’s listing performance. The grey market is unregulated, and the premium can fluctuate wildly based on market sentiment. Always conduct thorough research on the company’s fundamentals before investing.

What Factors Influence IPO GMP?

There are many factors that can affect the upcoming IPO gray market premium:

Fundamentals of the company: A company whose financial performance is strong, the direction of development is correct and whose management team is good, is likely to be more GMP.

Market Status: The trend of the stock market plays an important role. When the market is on rapid, the premium is high for new listing.

Subscription level: The level of demand for qualified Institutional Buyers (QIB) and High Net-Worth Individuals (HNI) has a great impact on GMP during subscription. The premium usually increases when there is more subscription.

Industry and Sector: Fast growing or popular IPOs in the popular sector (eg AI or Fintech) often produce more attractions and more GMPs.

What is Kostak Rate?

The “Kostak Rate” is the price at which an investor sells their entire IPO application in the grey market before the allotment of shares. This is a fixed profit for the seller, regardless of whether they are allotted shares or not. It’s a way to lock in a small, guaranteed gain.

What is Subject to Sauda?

“Subject to Sauda” is a conditional transaction. In this case, the premium for an IPO application is only paid if the seller actually receives an allotment of shares. If no shares are allotted, the deal is void. The premium for “Subject to Sauda” is typically higher than the Kostak Rate due to the conditional nature of the agreement.

How to Calculate Grey Market Premium?

Calculating GMP is straightforward:

GMP = Grey Market Price – IPO Issue Price

Estimated Listing Gain (%) =

(GMP / Issue Price) × 100

• IPO Issue Price: $100
• Grey Market Price: $125
• GMP: $125 – $100 = $25
• Estimated Listing Gain: ($25 / $100) × 100 = 25%

This calculation helps investors estimate potential returns but should be used cautiously due to market volatility.

Are Grey Market Stocks Safe?

Trading in the grey market carries inherent risks. Since it is an unofficial and unregulated market, there are no guarantees. All deals are based on trust between the buyer, seller, and dealer. There is a counterparty risk, meaning one party might not honor the deal. Therefore, participating in grey market trading is not recommended for most retail investors. It is safer to use the GMP as an informational tool rather than a trading platform.

What is the process of investing in an IPO Online?

Investing in IPOs in the digital age is an easy process:

Open demat and trading account: This is an essential condition to invest in stock market, including IPOs. These accounts keep your shares in electronic form.

Choose IPO: Log in to your broker’s online platform (website or mobile app) and go to IPO section. You will get a list of current and upcoming IPOs.

Fill the application: Select the IPO in which you want to invest. Fill the number of shares (in lot) and price for which you want to bid.

Choose your bid price: You can bid at a specific price within the price band or choose “cut-off price”. Bidding at the cut-off price means that you are ready to accept any price fixed by the company, which may increase your chances of allocation.

 Submit and Authorize Payment: Enter your UPI ID for payment. A payment request will be sent to your UPI app. You need to approve this mandate to block the funds in your bank account. The amount is only debited if you are allotted shares.

How to enhance the chances of IPO Allotment?

Once the IPO is more subscribed, the allocation can be difficult. Here are some strategies that can increase your opportunities:

Apply through many demat accounts: One of the most effective strategies is to apply from different demat accounts of family members. Each application that is connected to a separate PAN card is considered a separate dialect.

Bid at the cut-off price: Bidding at the cut-off price means that you are ready to subscribe at any cost within the band. This makes your application more likely to be considered, especially when the issue is more subscribed.

Apply for a single lot: Application in the IPOs which have become much subscribed, only applying for a lot of sometimes can increase the chances of allocation, as the rules aim to ensure maximum retail participation.

Avoid Last-Minute Applications: Apply early to avoid any potential technical glitches or system overloads that can occur on the final day of the IPO subscription period.

Check Shareholder Quota: If the company going public has a parent company that is already listed, existing shareholders of the parent company might be eligible to apply under a shareholder quota, which often has a better chance of allotment.

How Do I Buy / Sell IPO Application in Grey Market?

Buying or selling an IPO application in the grey market involves dealing with unofficial dealers. This is a risky and unregulated process, and we do not recommend it. There are no legal protections, and you could face financial losses without any recourse.

Significance of IPO GMP

The primary significance of IPO GMP is that it serves as a pre-listing pulse check for an IPO. It can give you a heads-up on whether a particular offering is generating strong excitement in the market. However, it should be used in conjunction with a thorough analysis of the company’s fundamentals.

Mainboard IPO GMP Performance

Historically, there has been a relationship between the stronger performance of the GMP and the day of the listing. However, there have also been cases where the listing has been disappointing even after more GMP. The performance of a listed company depends on its financial health, management and large economic environment. Mainboard IPO GMP performance in 2025 has been mixed but promising. Notable examples include:

• CoreWeave IPO (March 2025): Raised $1.5B, GMP indicated a 235% debut surge.
• Circle Internet Group IPO (June 2025): 168% listing gain, trading 70% above IPO price.
• Chime IPO (June 2025): Raised $864M, closed 66% above IPO price.

These performances highlight the potential of New IPOs 2025 but also underscore the need for careful analysis.

FAQs about IPO GMP and Grey Market Premium

Conclusion

IPOS Watch 2025 is your best guide to enter the exciting world of IPOS in 2025. From obtaining information of New iPOS 2025, to understand the ways of tracking the IPO GMP Today and investing online iPO, this guide gives you all the necessary information, so that you can make decisions carefully. Although things like Upcoming IPO GMP and IPO Subscription Status can be somewhat helpful, it is very important to do complete research on the basic principles and market conditions of any company. Always be updated with IPO Watch 2025 Calendar and take advantage of excellent occasions in this rapidly changing market.