Kheria Autocomp IPO Day 4: GMP ₹0
Alright folks, let’s dive into the latest on the Kheria Autocomp SME IPO as we hit Day 4 of its subscription period. As of today, September 20th, 2026, the IPO is entering its final stretch, and the subscription numbers are… well, they’re still at zero across the board. Yes, you read that right. With the IPO closing on September 21st, this is a crucial point for potential investors, and the current lack of subscription activity is definitely something we need to unpack.
| Date | GMP | Est. Listing |
|---|---|---|
| 23 Sep | +₹7 | ₹108 |
| 22 Sep | +₹7 | ₹108 |
| 21 Sep | +₹7 | ₹108 |
Subscription Status
Let’s break down what these zero numbers actually mean. We’re looking at Retail, Non-Institutional Investors (NII), and Qualified Institutional Buyers (QIB) all showing a 0x subscription. For a SME IPO, especially one that closes tomorrow, this is quite unusual. Typically, by Day 4, we’d expect to see at least some traction, even if it’s modest. The Retail portion, usually the most active segment, showing no applications could suggest a lack of investor interest or perhaps a wait-and-watch approach from many. NIIs, who invest larger sums, also not participating yet is noteworthy. And for QIBs, who are often key in driving subscriptions, their absence so far is a significant indicator. It’s possible that the offer is being overlooked, or perhaps investors are waiting for last-minute cues. Whatever the reason, this is certainly a situation that could concern potential investors looking for early signs of demand.
| Category | Subscription | Progress |
|---|---|---|
| Retail | 0.00x | |
| NII / HNI | 0.00x | |
| QIB | 1.05x | |
| Total | 1.05x |
GMP Update
Now, let’s talk about the Grey Market Premium (GMP). The current GMP for Kheria Autocomp is ₹0. Yesterday, it was also ₹0. This means the market isn’t currently pricing in any premium over the issue price of ₹101 per share. The expected listing price, based on this GMP, remains at ₹101. A GMP of ₹0 isn’t necessarily a death knell, especially for SME IPOs where the market sentiment can shift rapidly. However, it does indicate a neutral to cautious sentiment. We haven’t seen any upward movement, which would typically signal growing investor confidence. The lack of change from yesterday to today reinforces this steady, unexcited market view. For a company aiming to list at its issue price, a positive GMP is usually a good sign, but its absence here means investors are looking at a listing that’s expected to be flat, at best.
Should You Apply?
So, the million-dollar question: should you apply for Kheria Autocomp’s IPO? Based on the current data, it’s a tough call. The subscription numbers are a major red flag. Zero subscriptions on Day 4, with just one day left, is highly atypical and suggests a severe lack of demand. Coupled with a GMP of ₹0, which points to no immediate listing gains, the picture isn’t exactly rosy. The issue price is ₹101, and the expected listing is also ₹101. This means you’re essentially betting on the company’s future performance post-listing rather than expecting an immediate profit from market sentiment. Remember, the lot size is 1200 shares, so each application involves a significant investment. It’s always wise to consult with SEBI registered investment advisors who can offer personalized guidance based on your risk appetite and financial goals. The bottom line is, with the IPO period ending on September 21st, 2026, and these subscription numbers, you’ll want to do your homework very carefully. Don’t get swayed by FOMO if there’s no real interest.