AutoPilotAI Blog

Meesho IPO GMP Explained — How to Read the Grey Market Signal and Trade Smart

The Meesho IPO opened with massive buzz as retail investors, institutions, and grey market traders jumped in early. Reported grey market premium (GMP) levels were hovering around <strong>₹42–₹49</strong> on Day 1, suggesting a potential <strong>40–45% listing gain</strong>. While that sounds exciting, relying only on GMP can be risky. To make confident investing decisions, it's important to understand how GMP works, what the subscription numbers mean, and how both signals affect your listing-day strategy.