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Zomato IPO Grey Market Premium (GMP) Today – Latest Updates

Published Date: 9 September, 2024, Written By: Gonukkad Team
 Zomato Grey Market Premium

Zomato Grey Market Premium or GMP is the unofficial price that investors are willing to settle for beyond the cost of Zomato's IPO prior to listing on the stock exchange. It is a reflection on how much individuals feel the shares of Zomato would be traded at when they finally go for trading. For instance, if the price range on the IPO of Zomato is ₹72-76 and the grey market premium is ₹15-20, the unofficial price would be something around ₹87-96.

In this blog, we will explain what Zomato grey market premium means, how you can track its latest update today, and why it matters to investors. Plus, learn how Gonukkad's professional business promotion and ecommerce account management services can help your business grow by capitalising on market trends like IPO launches.


5 Key Takeaways


  • Clear understanding of the Zomato grey market premium.

  • How to track Zomato grey market premium today.

  • Details on Zomato IPO subscription, allotment date, shares, and listing.

  • How GMP impacts investor sentiment and IPO listing gains.

  • How Gonukkad's marketing services assist business growth during IPO or ecommerce phases.

What is Zomato Grey Market Premium?

Grey Market Premium (GMP) represents the unofficial additional price margin paid by investors for IPO shares prior to official listing. The GMP represents market anticipation of the listing price of the IPO.


  • A positive GMP means shares are likely to list higher than the IPO price.

  • Higher GMP implies high demand and profit potential.

  • GMP fluctuates daily due to market sentiment.

  • The grey market is unregulated, and trading here is illegal, but widely followed by investors.

For the Zomato IPO, the grey market premium reflects how much traders are willing to pay over the ₹72-76 issue price before shares get listed.

How to Track Zomato Grey Market Premium Today

Tracking GMP assists investors in understanding the demand in the markets and approximating listing profits. You can track Zomato's GMP today on various financial portals that provide daily updates during the IPO subscription period.


  • Websites like InvestorGain, IPOWatch, and Economic Times provide live feeds.

  • GMP prices are expressed as a number or a percentage higher than the IPO price.

  • Look for GMP increases because it means high investor demand.

For Zomato, the latest GMP hovers around ₹15-20 above the IPO price band, signalling a healthy market sentiment.

Zomato IPO Grey Market Premium vs Listing Price: What Investors Should Know

Generally, GMP forecasts the listing price in an IPO. For instance, if the price band of Zomato's IPO is ₹72-76 and GMP is ₹20, the listing price may be ₹92-96.


  • GMP is a strong indication but not 100% guaranteed.

  • Outside developments and price changes could influence the subject listing price.

  • In Zomato's case, historically, listings saw a premium of around 50%, confirming GMP predictions.

  • Always consider company fundamentals along with GMP before investing.

Important Dates for Zomato IPO: Allotment Date, Listing Date, and More

Here are the key dates you should know:


Event Date
IPO Open Date 14 July 2021
IPO Close Date 16 July 2021
Basis of Allotment 21 July 2021
Refunds Initiated 22 July 2021
Credit of Shares to Demat 22 July 2021
IPO Listing Date 27 July 2021

Knowing these dates helps investors stay updated on when to expect allotment results and when shares will officially start trading.

How to Check Zomato IPO Allotment Status Online

Want to know if you got your share allotment? Follow these simple steps:


  • Visit the official BSE or NSE website or the IPO registrar's portal.

  • Look for the “IPO Allotment Status" section.

  • Enter your PAN card number and application reference number.

  • The system will show your allotment result instantly.

  • You can also check through your Demat account or broker's platform.

Checking allotment status early helps you plan your next moves, such as selling or holding shares post-listing.

How Gonukkad Helps Businesses Capitalise on IPO and Ecommerce Opportunities

Gonukkad is a professional service provider specialising in local SEO, business promotion, and ecommerce account management to help businesses grow, especially surrounding high-interest market moments like IPO launches.


  • They optimise your local business presence for better search rankings exactly when your market buzz peaks.

  • Manage your ecommerce accounts on popular platforms like Amazon and Flipkart to maximise sales during critical periods.

  • Strategic marketing campaigns align with ongoing IPO and other market trends to attract the right customers.

  • Perfect for startups and SMEs looking to leverage market excitement into tangible business growth.

Zomato IPO Details & Grey Market Premium

Parameter Details
IPO Price Band ₹72 - ₹76
Latest GMP ₹15 - ₹20
Subscription 38+ times oversubscribed
Allotment Date 21 July 2021
Shares Credited 22 July 2021
Listing Date 27 July 2021

Conclusion

Zomato's grey market premium is a credible metric for investors to estimate demand for IPOs and prospective listing gains. Keeping track of GMP, subscription numbers, allotment, and listing dates assists investors in making better investment decisions. If you aim to expand your business footprint or ecommerce, Gonukkad is a reliable growth partner that provides customised solutions for success.

Q. What is the current day Zomato IPO grey market Premium?

A. That is approximately ₹15-20 above the current IPO price range of ₹72-76.


Q. What effect does oversubscription have on GMP?

A. Greater oversubscription raises demand and GMP as extra investors are competing for the limited shares available.


Q. When was the Zomato IPO allotment date?

A. The allotment was completed by 21 July 2021, and credit was given for shares by 22 July 2021.


Q. Does the grey market premium predict the exact listing price?

A. It provides a close lead, but it is no guarantee, as post-listing day market forces also dictate price.


Q. How does GoNukkad help during IPO or ecommerce events?

A. They provide local SEO and ecommerce management services to boost online visibility and sales, helping businesses gain from increased market interest.


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