8 Issues in Focus With Gray Market Premiums Signalling Up to 40% Listing Pop
Dalal Street is gearing up for a high-intensity trading stretch as the Indian primary market hosts eight public issues next week, presenting abundant allocation opportunities for retail, high-net-worth, and institutional investors. The active pipeline features six ongoing public offers that launched this week and will close in the coming sessions—Moneyview, A-One Steels, AceVector, German Green Steel & Power, Orient Cables, and Runwal Enterprises. Joining the lineup on Monday, September 28, are two fresh offerings: financial intermediary Shah Investor’s Home and tech solutions provider SRIT India. High institutional and retail participation has already seen four of the six active public issues—Moneyview, Orient Cables, German Green Steel, and A-One Steels—fully subscribed ahead of their final closing bells, demonstrating broad investor liquidity.
Unofficial GMP Signals Strong Bullish Bias Across Five Offerings
Grey market sentiments monitored via InvestorGain reflect broad-based optimism, with unofficial tracking premiums indicating that five out of the eight public issues command expected listing premiums of 10 percent or higher. Three of these offerings are projected to deliver immediate listing pops exceeding 20 percent, while none of the eight pipeline issues are currently trading at a discount or flat zero in grey market counters. While market analysts caution that grey market premiums remain unverified, highly fluctuating sentiment indicators rather than guaranteed price realizations, the broader uptrend highlights healthy risk appetite across tech platforms, infrastructure suppliers, and manufacturing enterprises.
Top Performers: Moneyview, Orient Cables, and SRIT India Command Leading Premiums
Fintech major Moneyview leads the pack with an unofficial GMP of ₹13.50 against its upper price band of ₹34 (band ₹32–₹34), signalling an estimated 39.71 percent listing premium after being subscribed 6.22 times over its September 24–28 bidding window. Passive networking and data-center telecom cable manufacturer Orient Cables follows closely with an ₹85 premium on a ₹258–₹272 price band—a potential 31.25 percent gain—backed by a 2.07 times subscription tally before closing September 29. Meanwhile, e-governance and healthcare IT player SRIT India is set to open from September 28 to September 30 in a ₹123–₹130 price band, generating early traction with an unofficial grey market premium of ₹32, or 24.62 percent.
Complete Watchlist: Industrial, Brokerage, and E-Commerce Issues on Offer
Rounding out the remaining offerings, industrial manufacturer German Green Steel & Power commands an ₹18.71 percent premium (GMP ₹26 on a ₹132–₹139 band) to fund capacity expansion and clean energy initiatives before wrapping up on September 29. Heavy industrial producer A-One Steels trades at an unofficial premium of 12.72 percent (GMP ₹51.50 against a ₹385–₹405 band) as its issue concludes on September 28. Brokerage house Shah Investor’s Home opens September 28–30 with a 7.19 percent premium (GMP ₹12 on a ₹159–₹167 band). Finally, e-commerce operator AceVector, parent entity of Snapdeal and Unicommerce, shows an unofficial premium of 6.25 percent (GMP ₹2 on a ₹30–₹32 band), while residential property builder Runwal Enterprises posts a 5.25 percent premium (GMP ₹16 on a ₹290–₹305 band), both heading toward their September 29 closing deadline.
