Market Pulse
← All glossary terms

markets · intermediate

Grey market premium

Grey market premium is an unofficial pre-listing premium quoted by informal dealers for IPO shares.

GMP is not an exchange-traded or SEBI-regulated price.

It reflects speculative demand chatter before listing and can change quickly.

Actual listing price can diverge widely from grey market indications.

Serious analysis relies on prospectus fundamentals rather than GMP alone.

Part of the Market Pulse Term of the Day series — factual market vocabulary, not investment advice.