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IPO● Neutral for Indian equities
IPO GMPs compared: Shah Investor's Home IPO vs SRIT India IPO - Which one is winning in grey market?
The brief
- SRIT India’s IPO was subscribed 18.74 times and had a GMP of +33
- Both SRIT India and Shah Investor’s Home IPOs closed on 30 September 2026
- SRIT India IPO subscribed over 33x so far on Day 3; GMP rises to 27%
- SRIT India IPO subscription figures differ on day one
- SRIT India IPO draws 1x subscription; grey-market premium at ₹33
- SRIT India launches ₹218.40-crore IPO as GMP estimates vary