Pind Hospitality SME IPO GMP History
Pind Hospitality SME IPO has been listed on October 6, 2026 at a listing price of ₹79.2, against the issue price of ₹99 — a loss of ₹19.8 (-20%). The GMP peaked at ₹20 on 29 September 2026 and reached a low of ₹0 on 28 September 2026. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Pind Hospitality SME IPO raised ₹17.82 Cr. through its IPO at a price band of ₹93 to ₹99 per share, with a lot size of 1200 shares. The IPO was open for subscription from 28 Sep 2026 to 30 Sep 2026.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 8 Oct, 6:01 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 06 Oct 2026 | ₹ 1 | — | 1.01% | — | ₹ 900 |
| 05 Oct 2026 | ₹ 1 | — | 1.01% | — | ₹ 900 |
| 04 Oct 2026 | ₹ 1 | — | 1.01% | — | ₹ 900 |
| 03 Oct 2026 | ₹ 1 | — | 1.01% | — | ₹ 900 |
| 02 Oct 2026 | ₹ 1 | — | 1.01% | — | ₹ 900 |
| 01 Oct 2026 | ₹ 1 | — | 1.01% | — | ₹ 900 |
| 30 Sep 2026 | ₹ 1 | ▼ | 1.01% | — | ₹ 18200 |
| 29 Sep 2026 | ₹ 20 | ▲ | 20.20% | — | — |
| 28 Sep 2026 | ₹ 0 | — | 0% | — | — |
| 27 Sep 2026 | ₹ 0 | — | 0% | — | — |
| 26 Sep 2026 | ₹ 0 | — | 0% | — | — |
| 25 Sep 2026 | ₹ 0 | — | 0% | — | — |
| 24 Sep 2026 | ₹ 0 | — | 0% | — | — |
| 23 Sep 2026 | ₹ 0 | — | 0% | — | — |
| 22 Sep 2026 | ₹ 0 | — | 0% | — | — |
Pind Hospitality SME IPO dates
Key dates from opening to listing. Today is 9 November.
- Open 28 Sep 2026
- Close 30 Sep 2026
- Allotment 01 Oct 2026
- Refund/credit 05 Oct 2026
- Listing 06 Oct 2026
Pind Hospitality SME IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹99 |
|---|---|
| GMP-based estimate (pre-listing) | ₹100 (+1%) |
| Listing gain / loss | −₹19.8 per share |
| Listing date | 06 Oct, 2026 |
| Actual listing price | ₹79.2 (-20%) |
Is Pind Hospitality SME IPO GMP reliable?
Grey market premium for Pind Hospitality SME IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Pind Hospitality SME IPO full review for a fundamentals-based assessment before making any grey market trades.
Pind Hospitality SME IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Pind Hospitality SME IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was Retail: ₹900. Unlike Kostak, Subject to Sauda only applies if you receive allotment.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Pind Hospitality SME IPO
Pind Hospitality Limited was incorporated on 15 June 2021 and works in hotels and restaurants. Together with its partnership firm Pind Punjab it operates six restaurants in Pune, Maharashtra, and says none has closed permanently since 2016.
It reaches customers in several ways. Dine-in is the core, and delivery runs through third-party food delivery apps as well as its own mobile app, online bookings and telephone orders. It also offers mobile pre-ordering for pick-up within a six kilometre radius. It has completed more than five lakh deliveries and is described by third-party delivery apps as one of the long-standing restaurant partners in Pune.
Its third line is outdoor catering for special events and workplace canteens, which has grown quickly, bringing in Rs 528.61 lakh in FY2026 against Rs 125.37 lakh in FY2025 and Rs 64.38 lakh in FY2024. Its advertising targets middle and upper-middle-class customers on the promise of fresh, affordable food, using internet, print, direct marketing and social media.
Frequently asked
What is the GMP of Pind Hospitality SME IPO?
The current Grey Market Premium (GMP) of Pind Hospitality SME IPO is ₹ 1.
What is the Kostak Price of Pind Hospitality SME IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Pind Hospitality SME IPO is not available.
What is the Subject to Sauda Price of Pind Hospitality SME IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is Retail: ₹900.
What was the actual listing price of Pind Hospitality SME IPO?
Pind Hospitality SME IPO listed on October 6, 2026 at ₹79.2, against the issue price of ₹99 — a loss of -20%.
How did the GMP of Pind Hospitality SME IPO trend before listing?
The GMP of Pind Hospitality SME IPO was stable in its final days before listing. The GMP peaked at ₹20 on 29 September 2026. View the day-wise table above for the complete GMP history.
Explore Pind Hospitality SME IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
