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IPO GMP: Adroit Industries, Elevate Campuses, ArMee Infotech, Swastika Infra — Which Could Deliver Highest Listing Gain?

A ipo & listings development with market-wide reach.

23 Sept 2026 · NDTV Profit

Adroit Industries leads the IPO GMP race with a 25.37% implied listing gain, followed by ArMee Infotech at 14.93%, Swastika Infra and Elevate.

Listing activity is a read on risk appetite — a hot primary market usually means a confident secondary one.

  • Sector exposure: Infrastructure.
  • The immediate tone of coverage reads positive.
Infrastructure