- Best listing: Sollfege Smart Electronics at +89.8%
- Weakest: Eventions at -5.9%
- Average listing gain: +19.2% across 8 IPOs
- GMP was within 10 points for 3 of 5
In this post
Eight companies made their stock market debut on Thursday, 8 October 2026 (2 on the mainboard and 6 on the SME platforms). 5 opened above the issue price and 3 below. Sollfege Smart Electronics had the strongest start, opening +89.8% at ₹104.4 against an issue price of ₹55; Eventions was the weakest at -5.9%.
Below: each listing price against the issue price and the last grey market premium (GMP), where the shares closed on day one, and how the issues were subscribed. Listing prices are the first trades on NSE, or BSE for issues listed only there.
Listing day at a glance
| IPO | Board | Issue price | GMP estimate | Listing price | Listing gain | Day-1 close | Close vs issue |
|---|---|---|---|---|---|---|---|
| Sollfege Smart Electronics | SME | ₹55 | ₹65 (+18.2%) | ₹104.4 | +89.8% | ₹99.18 | +80.3% |
| EverestIMS Technologies | SME | ₹85 | ₹143 (+68.2%) | ₹126 | +48.2% | ₹119.7 | +40.8% |
| Shree TNB Polymers | SME | ₹52 | ₹56 (+7.7%) | ₹60 | +15.4% | ₹57 | +9.6% |
| Nityas Gems and Jewellery | Mainboard | ₹75 | ₹76 (+1.3%) | ₹80 | +6.7% | ₹83.99 | +12.0% |
| Omara Ventures India | SME | ₹311 | — | ₹319 | +2.6% | ₹319.05 | +2.6% |
| Dove Soft | SME | ₹111 | — | ₹110.3 | -0.6% | ₹104.8 | -5.6% |
| Vishal Nirmiti | Mainboard | ₹220 | ₹222 (+0.9%) | ₹215 | -2.3% | ₹204.25 | -7.2% |
| Eventions | SME | ₹118 | — | ₹111 | -5.9% | ₹105.45 | -10.6% |
GMP vs the actual listing
The grey market came within 10 percentage points of the listing gain for 3 of 5 IPOs and within 5 points for 1. The biggest miss was Sollfege Smart Electronics, which opened 71.6 points above what its GMP pointed to. Our GMP accuracy tracker keeps the running record across every listing.
Mainboard listings
Nityas Gems and Jewellery
Nityas Gems and Jewellery is in the creation, producing, and marketing of gold jewelry with lab-grown diamonds in India. It raised ₹108.35 Cr in its IPO. Nityas Gems and Jewellery opened at ₹80 on NSE, +6.7% against the issue price of ₹75. The last GMP before listing was ₹1, pointing to about ₹76, so the listing came in 5.3 points above the grey market estimate. The shares closed the day at ₹83.99 (+12.0% against the issue price), above where they opened. The issue had been subscribed 2.25x overall (QIB 1.06x, NII 2.05x, retail 4.04x). Nityas Gems and Jewellery IPO page
Vishal Nirmiti
It raised ₹178 Cr in its IPO. Vishal Nirmiti opened at ₹215 on NSE, -2.3% against the issue price of ₹220. The last GMP before listing was ₹2, pointing to about ₹222, so the listing came in 3.2 points below the grey market estimate. The shares closed the day at ₹204.25 (-7.2% against the issue price), below where they opened. The issue had been subscribed 1.71x overall (QIB 1.27x, NII 1.81x, retail 1.67x). Vishal Nirmiti IPO page
SME listings
| IPO | Issue price | Listing price | Listing gain | Day-1 close | Subscribed |
|---|---|---|---|---|---|
| Sollfege Smart Electronics | ₹55 | ₹104.4 | +89.8% | ₹99.18 (+80.3%) | — |
| EverestIMS Technologies | ₹85 | ₹126 | +48.2% | ₹119.7 (+40.8%) | — |
| Shree TNB Polymers | ₹52 | ₹60 | +15.4% | ₹57 (+9.6%) | — |
| Omara Ventures India | ₹311 | ₹319 | +2.6% | ₹319.05 (+2.6%) | — |
| Dove Soft | ₹111 | ₹110.3 | -0.6% | ₹104.8 (-5.6%) | — |
| Eventions | ₹118 | ₹111 | -5.9% | ₹105.45 (-10.6%) | 2.32x |
Sollfege Smart Electronics
Sollfege Smart Electronics is in the distribution, integration and implementation of premium audio, video, home automation, smart living, lifestyle and wellness solutions in India. It raised ₹21.78 Cr in its IPO. Sollfege Smart Electronics opened at ₹104.4 on BSE, +89.8% against the issue price of ₹55. For an investor allotted one lot of 2,000 shares, that is a gain of about ₹98,800 at the opening price. The last GMP before listing was ₹10, pointing to about ₹65, so the listing came in 71.6 points above the grey market estimate. The shares closed the day at ₹99.18 (+80.3% against the issue price), below where they opened. Sollfege Smart Electronics IPO page
Eventions
Eventions is in the event management and Meetings, Incentives, Conferences, and Exhibitions ("MICE") category. It raised ₹38.12 Cr in its IPO. Eventions opened at ₹111 on NSE, -5.9% against the issue price of ₹118. For an investor allotted one lot of 1,200 shares, that is a loss of about ₹8,400 at the opening price. The shares closed the day at ₹105.45 (-10.6% against the issue price), below where they opened. The issue had been subscribed 2.32x overall. Eventions IPO page
Sollfege Smart Electronics opened at the 90% limit that SME shares are allowed on their first day, so their true demand may have been even higher than the listing price shows.
Next listings
These IPOs are due to list in the coming days. The GMP estimate is where the grey market expects them to open; as today showed, the actual listing can differ.
| IPO | Board | Listing date | Issue price | GMP | GMP estimate |
|---|---|---|---|---|---|
| Paramount Syntex | SME | Fri, 9 Oct | ₹127 | — | — |
| Acme India Industries | SME | Fri, 9 Oct | ₹196 | ₹35 (+17.9%) | ₹231 |
| TNA Solutions | SME | Fri, 9 Oct | ₹70 | — | — |
| R.K. Fashion Accessories | SME | Mon, 12 Oct | ₹82 | ₹1.5 (+1.8%) | ₹83.5 |
What the day tells us
- The average listing gain was +19.2%, and 5 of 8 listings opened at a premium.
- By the close, 2 of 8 had risen above their listing price and 6 had fallen below it.
- Listing prices for every IPO are on the IPO listing today page, and year-wise results on the IPO report card.
Frequently asked questions
Which IPOs listed on 8 Oct 2026?
Sollfege Smart Electronics, EverestIMS Technologies, Shree TNB Polymers, Nityas Gems and Jewellery, Omara Ventures India, Dove Soft, Vishal Nirmiti and Eventions.
Which IPO gave the best listing gain on 8 Oct 2026?
Sollfege Smart Electronics opened +89.8% at ₹104.4 against an issue price of ₹55 and closed the day at ₹99.18 (+80.3%).
How accurate was GMP on 8 Oct 2026?
GMP was within 10 percentage points of the listing gain for 3 of 5 IPOs. GMP is unofficial and can differ sharply from the listing price.
This update is compiled automatically from IPO Darbaar's IPO database at 9:45 PM IST on 8 October 2026. Dates, prices and GMP come from offer documents and market sources and can change; the linked IPO pages always show the latest figures. This is not investment advice.
For information and education only; not investment advice. Figures come from offer documents, exchange and SEBI filings and IPO Darbaar data as of the date of publishing. Grey market premium (GMP) is unofficial.
