NR Vandana Textile SME GMP - Live Grey Market Premium
Alloted
N R Vandana Tex Industries Limited, established in 1992 and based in Kolkata, designs, produces, and wholesales cotton textile products like sarees, salwar suits, and bed sheets under the brands Vandana and Tanya. Operating on a B2B model, it sells through a network of 1,041 wholesalers across 31 Indian states and uses a B2B e-commerce platform to expand its reach. Some manufacturing is outsourced with detailed specifications provided by the company.
IPO Details
GMP Timeline
| Date | IPO Price | GMP | Est. Price | % Change |
|---|---|---|---|---|
2 Jun 2025Live | 45 | 12 | 57 | +26.67 |
1 Jun 2025 | 45 | 14 | 59 | +31.11 |
31 May 2025 | 45 | 14 | 59 | +31.11 |
30 May 2025 | 45 | 14 | 59 | +31.11 |
29 May 2025 | 45 | 14 | 59 | +31.11 |
28 May 2025 | 45 | 0 | 45 | 0.00 |
27 May 2025 | 45 | 0 | 45 | 0.00 |
26 May 2025 | 45 | 0 | 45 | 0.00 |
25 May 2025 | 45 | 0 | 45 | 0.00 |
24 May 2025 | 45 | 0 | 45 | 0.00 |
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.