Grey market premiums (GMP) for upcoming initial public offerings show a mixed trend among investors on August 18, 2026, with Lalitha Jewellery commanding a steady double-digit premium, while Horizon Industrial Parks and Shankesh Jewellers trade with modest expectations. Dynamic unlisted market activity reflects varying investor appetites across retail, logistics, and jewelry sectors as bidding deadlines draw near.Lalitha Jewellery Mart Leads Premium ExpectationsLeading the pack in informal market interest, retail jewelry major Lalitha Jewellery Mart Ltd. has maintained a strong momentum in the unlisted market.Price Band: ₹190 to ₹201 per shareTotal Issue Size: ₹1,700 croreCurrent GMP: ₹26 to ₹30 per shareEstimated Listing Price: ₹227 to ₹231 per shareImplied Listing Gain: ~13% to 15%The company's strong brand recall across Southern India and steady retail footprint expansion continue to drive healthy bidding sentiment among retail and non-institutional investors. Market experts attribute the resilient double-digit premium to robust revenue growth and steady consumer demand in the organized gold jewelry market.Also Read :- Lenskart Stock Jumps 5% to All-Time High After Setting Up New China SubsidiaryHorizon Industrial Parks Draws Cautious SentimentBlackstone-backed Horizon Industrial Parks Ltd., India’s largest industrial and logistics infrastructure developer, is witnessing a more conservative response in the grey market despite its large-scale issue.Price Band: ₹57 to ₹60 per shareTotal Issue Size: ₹2,600 crore (100% fresh issue)Current GMP: ₹3.5 to ₹4 per shareEstimated Listing Price: ₹63.5 to ₹64 per shareImplied Listing Gain: ~5.8% to 6.0%The company plans to deploy ₹2,250 crore from the net proceeds primarily toward debt reduction and prepayment of corporate loans across its subsidiaries. Although top-line revenue grew 75% year-on-year to ₹767.84 crore in FY26, investors are weighing the company's widening net loss of ₹203 crore alongside high leverage against its massive infrastructure portfolio.Shankesh Jewellers Trades with Flat PremiumsSmall and medium enterprise (SME) player Shankesh Jewellers Ltd. is experiencing subdued grey market activity ahead of its allotment finalization.MetricDetailsUpper Price Band₹93 per shareLatest Grey Market Premium (GMP)₹2 to ₹3.5 per shareExpected Listing Price₹95 to ₹96.5 per shareProjected Listing Premium~2.1% to 3.8%After fluctuating between a high of ₹8 and a low of ₹0 over recent trading sessions, the muted GMP suggests that investors are anticipating a flat-to-modest debut on the exchange.While grey market trends offer early insights into market sentiment, financial analysts emphasize that unlisted premiums are highly volatile and unofficial indicators. Final market performance will heavily depend on overall market liquidity, institutional subscription rates on closing days, and broader macroeconomic cues.Also Read :- Sunshine Pictures IPO Day 1: Issue Gets 45% Subscription; GMP Signals 21% Listing GainDisclaimer: This article is published for informational and educational purposes only and should not be construed as financial, investment, or trading advice. The views, opinions, estimates, and recommendations, if any, are those of the respective analysts, experts, or brokerage firms cited and do not necessarily reflect the views of Bumppy News. Readers are advised to conduct their own research and consult a SEBI-registered financial advisor or other qualified professional before making any investment or financial decisions. Investments in securities and financial markets are subject to market risks.
