IPOs closing today — last day to apply
The subscription window for these issues shuts at the end of today. This is the only page on the site where the premium has a deadline attached to it. Source updated 16 Oct, 03:37 pm IST.
IPO GMP always free20 free creditsNo card required
IPOs closing today — last day to apply
| Company | GMP | GMP % | Subscription | Price Band | Lot Size | Type | Issue Size | Open - Close | Allotment | Listing | Listed At | Listing Gain |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ravita Engineering Services Open | +₹2 | 1.79% | 6.85x | ₹112 - ₹112 | 1,200 | SME | ₹116.05 Cr | 14 Oct 2026 - 16 Oct 2026 | 19 Oct 2026 | 22 Oct 2026 | N/A | N/A |
| Fusion CX Open | +₹4 | 1.38% | 4.61x | ₹289 - ₹289 | 51 | Mainboard | ₹702.00 Cr | 14 Oct 2026 - 16 Oct 2026 | 19 Oct 2026 | 22 Oct 2026 | N/A | N/A |
Reading closing today premiums
A premium on the final day is worth reading differently from one on the first. By now the subscription figure is close to final, the grey market has had the whole window to form a view, and a premium that has been sliding through the last two sessions is saying something a single snapshot cannot. Open any issue below for its day-wise trend.
Closing today IPOs — FAQs
Answered for this set of issues specifically.
Still unclear? Write to contact@papsdigital.com and a person will answer.
What time does an IPO close?
The exchange bidding window on the final day closes at 5pm IST. Two things have to happen before it: your application has to reach the exchange through your broker, and you have to approve the UPI mandate. Brokers set their own earlier cut-off for the first of those, and it differs from broker to broker, so check the cut-off your broker publishes rather than the exchange time. An unapproved mandate is a rejected application even if the bid went in on time.
Is a last-day GMP more reliable?
It is better informed, not more reliable. By the close the grey market has seen the full subscription picture, so the premium reflects more information — but it still predicts nothing, and premiums have collapsed between a close and a listing many times.
What happens after the IPO closes?
Allotment is finalised on the basis-of-allotment date, then shares are credited and the issue lists on the exchange. Both dates are on every row here, and each IPO keeps its own page where the actual listing price appears once it lists.
Where these numbers come from
Every figure on this page is a published value from one named source, or N/A. Nothing is averaged, merged, inferred or filled in.
The source
Grey market premium, price band, lot size, subscription and the IPO calendar are read from InvestorGain's public IPO GMP Live report, and post-listing prices from its IPO GMP Performance report. There is no second source and no merged data, so a figure is either that source's published value or it is absent. A field the source has not filled in shows N/A — never a substituted zero.
Two different clocks
"Source updated" is the time InvestorGain itself stamped the row, in IST. "Updated N ago" is how long since we last fetched it. They are not the same measurement and they can disagree: a row fetched ten seconds ago can still carry a premium the source published an hour earlier. When a refresh fails, the page says the figures are delayed rather than presenting the last set as current, and when nothing can be verified it shows no figures at all rather than old ones.
What is arithmetic, not data
Two columns are calculated here rather than fetched, using the source's own stated convention. Estimated listing price is the upper end of the price band plus the current GMP. Estimated listing gain is that premium as a percentage of the issue price. Both are shown only when every input genuinely exists. They are arithmetic on an unofficial number, which makes them an illustration of what the grey market is implying today — not a forecast, and not a claim about what any share will list at.
What this is not
Grey market premium is not an exchange price. It is not published, regulated, verified or endorsed by SEBI, NSE or BSE, and naming a source here is attribution, not a claim that the figure is correct or that either party endorses the other. PapsDigital publishes what the source published, with the time it said it, so you can check it yourself at the links above.
What PapsDigital does after the IPO
A grey market premium tells you what a small, private market is paying today. It tells you nothing about the index you are buying into, where money is moving this week, or whether the setup on your own chart is worth taking. That is what the rest of the platform is for — a workspace for doing your own analysis faster, not a feed of calls to follow.
- AI StudioDescribe a strategy in plain English; it is compiled to rules and backtested over history. Deploying it to trade is the Quant plan.
- Live NewsIndustry-fast market and macro news the moment it lands, with an economic calendar and a live risk gauge.
- Market ScannerAsk for a setup in plain English and scan every chart for it.
- Astro LevelsDaily levels, timing windows and bias from planetary positions and Vedic astrology for Nifty, Bank Nifty, Sensex, Gold and Bitcoin.
- Paps TerminalThe Smart Money Concepts workspace: live structure, levels, signals and backtests.
IPO GMP stays free and needs no account. The workspace behind it is free to try — 20 credits, valid 30 days, no card.
Plans cover access to tools. They are not a promise of trading results, and nothing on PapsDigital is investment advice.
Risk disclaimer
IPO grey market premium is unofficial, unregulated information that changes without notice and is not published or endorsed by SEBI, NSE or BSE. Estimated listing prices shown here are arithmetic on that unofficial figure and are indicative only. PapsDigital does not guarantee listing gains, trading outcomes or investment returns, and nothing on this page is investment advice. Securities investments are subject to market risk; please do your own research or speak to a registered adviser before investing.