Kheria Autocomp IPO Day 2: GMP ₹0

Alright folks, let’s dive into the latest on the Kheria Autocomp SME IPO, as we wrap up Day 2 of its subscription period. It’s the 2026-09-17 to 2026-09-21 window, and the market’s eyes are on this auto component player. As of the close of Day 2, the subscription numbers are looking… well, let’s just say they’re still in the early stages. The issue price is set at ₹101 per share, and the lot size is 1200 shares. We’ll break down what these numbers mean for you.

Subscription Status

The subscription figures for Kheria Autocomp’s IPO on Day 2 are currently sitting at zero across all categories: Retail, NII (Non-Institutional Investors), and QIB (Qualified Institutional Buyers). The total subscription is also zero. Now, before anyone panics, it’s important to understand that SME IPOs, especially in their initial days, often see a slow start. Many investors, particularly the larger players like QIBs and NIIs, tend to wait until the latter half of the subscription period to gauge interest and market sentiment. This doesn’t necessarily mean there’s a lack of interest; it could simply be a matter of timing. However, the absence of any subscription, even from retail investors, by the end of Day 2 is something to observe. Typically, you’d expect at least some retail interest to trickle in by now. This could concern investors looking for early signs of strong demand. We’ll be watching closely to see if this changes on Day 3.

GMP Update

Now, let’s talk about the Grey Market Premium (GMP). The current GMP for Kheria Autocomp IPO is ₹0. Yesterday, it was also ₹0. This means there’s no premium being quoted in the unofficial market for the shares. A GMP of ₹0 suggests that the market is currently pricing the stock at its issue price, ₹101, on listing. While a ₹0 GMP isn’t ideal, it’s also not necessarily a red flag in itself, especially for SME IPOs. It can indicate a neutral sentiment or that the market is waiting for more concrete subscription data to form an opinion. The fact that it has remained unchanged from yesterday suggests a consistent, albeit subdued, market sentiment so far. We’re expecting the listing to be around the issue price of ₹101. It’s crucial to remember that GMP is an unofficial indicator and can be volatile.

Should You Apply?

So, the million-dollar question: should you apply for Kheria Autocomp’s IPO? Based on the current data, it’s a mixed bag. On one hand, the complete lack of subscription and a ₹0 GMP by the end of Day 2 indicates a very cautious market sentiment, or perhaps a wait-and-watch approach from potential investors. This could mean that the IPO might not see overwhelming demand, and you might get to subscribe even on the last day. On the other hand, SME IPOs can sometimes surprise with a surge in subscriptions on the final days. The expected listing price aligning with the issue price suggests that the market isn’t anticipating a significant immediate gain, but also not a loss. As always, before making any investment decision, it’s vital to do your own thorough research. Consider the company’s fundamentals, its future prospects, and your own risk appetite. Also, remember to consult SEBI registered advisors. You can find more detailed information and analysis on Kheria Autocomp IPO at View Full Kheria Autocomp IPO Details. We’ll be back with the Day 3 update!