Monolithisch India SME GMP - Live Grey Market Premium

Listed
Monolithisch India SME

Monolithisch India is a leading manufacturer of high-quality ramming mass in India. It offers different grades of ramming mass with varying sizes and specifications, which is used in induction furnaces to create thermal insulation between the induction coil and the furnace, as well as the molten steel. The company supplies its products to iron and steel producers located in the Eastern parts of India, particularly the states of West Bengal, Jharkhand and Odisha. It has a manufacturing facility in Purulia, West Bengal, with a combined capacity of 1,32,000 MTPA. Its product portfolio includes SGB777, SLM-999, BG-77, LG-86, Quartzite Grain SLM -980, SLM 980, etc.

Issue Price
143
Current GMP
0
GMP %
0.00
Est. Listing Price
143
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IPO Details

Price Range
₹135.00-143.00
Issue Size
₹82.02 Cr
Lot Size
1000 shares
IPO Type
NSE SME
Open Date
12 Jun 2025
Close Date
16 Jun 2025
Allotment Date
17 Jun 2025
Listing Date
19 Jun 2025

GMP Timeline

DateIPO PriceGMPEst. Price% Change
13 Jun 2025Live
143
48
191
+33.57
12 Jun 2025
143
48
191
+33.57
11 Jun 2025
143
36
179
+25.17
10 Jun 2025
143
28
171
+19.58
9 Jun 2025
143
28
171
+19.58
8 Jun 2025
143
17
160
+11.89
7 Jun 2025
143
17
160
+11.89
6 Jun 2025
143
10
153
+6.99
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Important Notes About Grey Market Premium

Grey Market Premium (GMP) is an unofficial value that indicates investor sentiment before the IPO listing. It is the premium amount at which IPO shares are traded in the grey market before they are officially listed on the stock exchange.

GMP fluctuates based on market conditions and investor sentiment. A positive GMP suggests the market expects the stock to list above its issue price, while a negative GMP suggests it may list below the issue price.

The actual listing price may differ from the estimated price based on GMP due to market conditions on the listing day. GMP is not an official indicator and should not be the sole basis for investment decisions.

IPOwiz updates the GMP values regularly, but these values are sourced from unofficial channels and should be used as a reference only.

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Frequently Asked Questions

What is GMP (Grey Market Premium)?
GMP (Grey Market Premium) is the premium at which IPO shares are traded in the unofficial market before official listing. It indicates market sentiment and expected listing price. A positive GMP suggests strong demand, while negative GMP indicates weak market sentiment.
What is the current GMP for Monolithisch India SME?
Currently, there is no GMP data available for Monolithisch India SME. GMP values are updated regularly and may not be available for all IPOs.
What is the estimated listing price based on current GMP?
Estimated listing price cannot be calculated as GMP data is not currently available for Monolithisch India SME.
How is GMP calculated?
GMP is determined by market demand and supply in the unofficial grey market. It's the difference between the expected listing price and the issue price. Higher GMP indicates strong demand and investor confidence, while lower or negative GMP suggests weak demand.
Is GMP reliable for IPO investment decisions?
GMP provides market sentiment but shouldn't be the sole factor for investment decisions. It's unofficial and can change daily. Consider company fundamentals, financials, market conditions, and your risk appetite before investing. GMP is a reference indicator, not a guarantee.
Can GMP change before listing?
Yes, GMP is highly volatile and can change daily based on market conditions, subscription levels, overall market sentiment, and news about the company. The GMP you see today may be different tomorrow, and it can change until 19 June 2025.
What happens if GMP is negative?
A negative GMP indicates the stock may list below the issue price, suggesting weak market demand. However, actual listing price may differ from GMP predictions, and negative GMP doesn't guarantee a loss.
How does GMP affect IPO subscription?
High GMP often correlates with high subscription rates as investors expect good listing gains. However, this isn't always true. Some IPOs with high GMP may have lower subscription if investors are cautious. GMP reflects market sentiment, which can influence subscription behavior.