IPO GMPs compared: Shah Investor's Home IPO vs SRIT India IPO - Which one is winning in grey market?
A ipo & listings development with market-wide reach.
30 Sept 2026 · LiveMint Markets, NDTV Profit
Two IPOs, SRIT India and Shah Investor’s Home, closed on 30 September 2026. SRIT India's IPO was fully subscribed 18.74 times with a GMP of +33, while Shah Investor's had a 3.74 times subscription and a GMP of +15. Both listings are expected on 6 October.
Key facts
- Dates in focus
- 30 September and 6 October
The analysis
Listing activity is a read on risk appetite — a hot primary market usually means a confident secondary one.
Because the driver here is macro rather than company-specific, the read-through is to index-level positioning rather than to any single name — correlations tend to rise when the whole market faces the same signal.
Market context
- This is a market-wide development — its reach goes beyond any single stock.
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