GENERAL9 Sept 2026
Currently open IPOs GMP Comparison: Rentomojo, ARCIL, Manipal Payment, Steamhouse, LCC Projects, Karamtara Engineering | Stock Market News
Six mainboard IPOs opened together on Wednesday, a first in 30 years. These include Rentomojo, ARCIL, Manipal Payment, LCC Projects, Karamtara Engineering and Steamhouse. Grey market premiums this morning hinted at possible listing gains of roughly 11% to 33% over upper price bands. GMP is informal, so compare each issue's details before investing.
Key Statutory Highlights
- Six mainboard IPOs opened on Wednesday, September 9 — the first time in 30 years India has seen so many launches in one day.
- At 10 am, Rentomojo's grey market premium was ₹134 (estimated 33.17% listing gain) while Steamhouse's was about ₹18 (estimated 22.22% gain).
- Rentomojo and ARCIL, two of the six issues, close on September 11, leaving investors a short window to decide.
Actionable Advice for Taxpayers / Founders:Check each IPO's prospectus, compare price bands and lot sizes, and treat grey market premiums as an unofficial signal — not a guarantee of listing gains.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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