Information Technology · NSE / BSE
TechWave Solutions is a leading provider of cloud infrastructure and enterprise software solutions serving Fortune 500 companies across BFSI, healthcare, and manufacturing sectors.
Price Band
₹185 – ₹195
Issue Size
₹850 Cr
Lot Size
76 shares
GMP
+24.6%
Est. Listing
₹243
at current GMP
Subscribed
14.32x
overall
Open
22 Sep 2026
Close
24 Sep 2026
Allotment
25 Sep 2026
Refund
26 Sep 2026
Demat Credit
26 Sep 2026
Listing
27 Sep 2026
Last updated: 23 Sept 2026
Current Premium
Issue Price (Upper)
₹195
Band: ₹185 – ₹195
Estimated Listing Price
₹243
Upper price + GMP
Lot Size
76 shares
Min investment ₹14,820
Estimated Profit / Lot
₹3,648
76 × ₹48
Grey Market Premium trend
+₹48
▲ 10 today
Updated 12 days ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 23 Sep 2026 | +₹48 | 24.6% | ₹243 |
| 22 Sep 2026 | +₹38 | 19.5% | ₹233 |
| 20 Sep 2026 | +₹38 | 19.5% | ₹233 |
| 18 Sep 2026 | +₹35 | 17.9% | ₹230 |
| 16 Sep 2026 | +₹25 | 12.8% | ₹220 |
| 14 Sep 2026 | +₹30 | 15.4% | ₹225 |
| 12 Sep 2026 | +₹22 | 11.3% | ₹217 |
| 10 Sep 2026 | +₹15 | 7.7% | ₹210 |
GMP is unofficial market data. Not a guarantee of listing performance.
TechWave Solutions Limited is bringing an initial public offering (IPO) in the Information Technology sector with an aggregate issue size of ₹850 Crores. The shares are offered at a price band of ₹185 to ₹195 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2026-09-24, the basis of allotment is scheduled to be finalized on 2026-09-25. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Pvt Ltd) or the BSE allotment checking window.
The latest grey market premium for TechWave Solutions Limited IPO is ₹48, which indicates an expected listing price of ₹243.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.