IPO Sentiment Index
A live composite reading of the Indian IPO market mood — GMP, subscription, and pipeline aggregated into a single 0-100 score. Updated continuously, source data fully visible.
What this means
Mixed signals — some issues showing demand, others muted. Apply only when fundamentals justify, not on momentum alone.
Index Components
3 IPOs with active GMP; weighted average premium 25.3% over price band.
1 open IPOs tracked; average subscription 5.6x.
1 open · 64 upcoming · 4 closed.
Methodology
The index aggregates three components, each scored 0-100, then averaged equally:
- GMP Strength — weighted average grey market premium as a percentage of the upper price band, mapped from -20% to +60% onto 0-100. Higher GMP percentage = higher score.
- Subscription Momentum — average subscription multiple across currently-open IPOs, mapped from 0x to 30x onto 0-100. Higher subscription = higher score.
- Pipeline Mix — ratio of open + upcoming vs total tracked issues. Bigger active pipeline = higher score.
Each component caps at 0 and 100. The final index is the simple mean of the three components. We chose simple averaging over factor weighting to keep the index transparent and replicable — you can verify it from /ipo-gmp-today and /ipo-subscription-status.
The methodology may evolve as we add new signals (anchor investor participation, lead-manager track record, sector momentum). We will publish change notes here before any methodology revision.