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The Economic Times
The Economic Times
Ritesh Presswala

IPO GMP Buzz: Millworks Tech leads at 120% GMP; SBI Funds in focus among 6 IPOs

IPO SBI Funds Management SME Kusumgar Millworks Technologies BSE SME Alpine Texworld Laser Power Infra

The IPO grey market is witnessing strong activity as investors closely track the latest Grey Market Premium (GMP) trends across upcoming and ongoing mainboard and SME IPOs. With a mix of fresh issues and companies approaching listing, nearly six IPOs are set to keep the primary market buzzing this week.

Among the upcoming issues, SME IPOs are stealing the spotlight, with Millworks Technologies IPO emerging as the biggest GMP performer. The Rs 160.34 crore BSE SME IPO is scheduled to open for subscription on July 14, 2026, and currently commands a GMP of Rs 395 or nearly 120% over its issue price of Rs 331. Based on the grey market trend, the estimated listing price stands at around Rs 726, indicating a strong potential listing gain.

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