IPO GMP Today: SS Retail vs Jindal Supreme vs NSE vs Sonaselection India; Which IPO Has Highest Premium?

The IPO market is seeing strong activity this week, with SS Retail and Jindal Supreme attracting heavy subscription demand, while the NSE IPO is also drawing interest from different categories of investors. Sonaselection India, which is still open for subscription, has seen a more moderate response so far.

IPO GMP Today: SS Retail vs Jindal Supreme vs NSE vs Sonaselection India

Grey-market trends are also showing a wide difference between these IPOs. Based on the GMP figures provided from IPO Watch, SS Retail and Jindal Supreme are indicating listing gains of more than 32%, while NSE is showing an estimated gain of 8.29%. Sonaselection India is currently indicating a much smaller gain of around 2%.

SS Retail IPO GMP Today

SS Retail IPO has a price band of Rs 403 to Rs 424 per share. The issue has been subscribed more than 6 times by the final day, reflecting strong demand from investors.

The SS Retail IPO GMP stood at Rs 137 on September 18 at 10:50 AM, according to the figures provided from IPO Watch. At the upper price band of Rs 424, this GMP indicates an expected listing price of around Rs 561 per share. The implied gain works out to around 32.31% over the upper issue price. However, the GMP is based on unofficial grey-market activity and the actual listing price can be different.

Jindal Supreme IPO GMP Today

Jindal Supreme IPO has also received a strong response from investors. The issue has a price band of Rs 88 to Rs 93 per share and was subscribed more than 31 times by the final day.

The IPO was commanding a GMP of Rs 30 on September 18 at 10:50 AM, based on the IPO Watch figures provided. At the upper price band of Rs 93, the GMP points to an expected listing price of around Rs 123 per share.

This represents an estimated gain of 32.26% over the upper issue price. The strong subscription response and the premium in the grey market have kept the IPO in focus ahead of listing.

Sonaselection India IPO GMP Today

Sonaselection India IPO is currently open for subscription and will close on September 21, 2026. The issue has a price band of Rs 94 to Rs 99 per share.

The IPO has seen moderate early subscription trends compared with SS Retail and Jindal Supreme. Its GMP stood at Rs 2 on September 18 at 10:50 AM, according to the figures provided from IPO Watch.

At the upper price band of Rs 99, the Rs 2 GMP indicates an expected listing price of around Rs 101 per share. This translates into an estimated gain of around 2% over the issue price. Since the IPO is still open, subscription levels and grey-market premiums may change before the issue closes.

NSE IPO Subscription Status and GMP Today

The NSE IPO has also attracted investor attention, with the issue receiving 43% subscription on the first day. The retail portion was subscribed 44%, while the non-institutional investor (NII) portion was booked 72%.

The qualified institutional buyer (QIB) portion received bids equivalent to 19% of the shares available, while the employee portion received 98% bids on the first day. These figures show participation across different investor categories as the issue progresses.

The NSE IPO has a price band of Rs 1,700 to Rs 1,785 per share. Its GMP stood at Rs 148 on September 18 at 10:50 AM, based on the figures provided from IPO Watch.

At the upper price band of Rs 1,785, the Rs 148 GMP indicates an expected listing price of around Rs 1,933 per share. This translates into an estimated gain of 8.29%.

IPO GMP Comparison: SS Retail Vs Jindal Supreme Vs Sonaselection India Vs NSE

The four IPOs are showing very different grey-market trends and subscription levels. While SS Retail and Jindal Supreme are indicating gains of more than 32%, NSE is showing a lower percentage gain despite having the highest absolute GMP. Sonaselection India is currently showing the smallest GMP and estimated listing gain.

SS Retail IPO: Rs 137 GMP, 32.31% estimated gain, more than 6 times subscribed, expected listing price around Rs 561.

Jindal Supreme IPO: Rs 30 GMP, 32.26% estimated gain, more than 31 times subscribed, expected listing price around Rs 123.

NSE IPO: Rs 148 GMP, 8.29% estimated gain, 43% subscribed on Day 1, expected listing price around Rs 1,933.

Sonaselection India IPO: Rs 2 GMP, around 2% estimated gain, subscription ongoing until September 21, expected listing price around Rs 101.

The GMP figures are unofficial market indications and can change before listing. Investors should therefore not consider the GMP-based expected listing price as a guaranteed listing price.

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