Dudani Retail IPO listing: listed at ₹25, −13.8% under the issue price

Dudani Retail listed on BSE SME on 5 Oct 2026 at ₹25 per share, −₹4 (−13.8%) against the upper price band ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠​​⁠⁠​⁠⁠⁠⁠⁠⁠⁠⁠​​​​⁠​⁠​​​​⁠⁠​⁠⁠​⁠⁠​⁠​⁠​⁠⁠​⁠​​​​​⁠⁠​​⁠⁠⁠⁠⁠⁠​⁠​⁠⁠⁠⁠​⁠⁠⁠​​of ₹29. The issue (price band ₹29, bidding 25 Sep 2026 to 29 Sep 2026) was subscribed 1.42x overall. The last grey-market premium we captured before listing was ₹1 on 4 Oct 2026 (daily average of 11 quotes), which implied a listing price of ₹30; the shares listed at ₹25, ₹5 below that.

Updated 6 Oct 2026, 19:02 IST. Dated dealer references.

Listing day facts

Dudani Retail IPO listing, as recorded on 5 Oct 2026
Listing date5 Oct 2026
ExchangeBSE SME
Listing price₹25
Upper price band (issue price basis)₹29
Gain or loss vs upper band−₹4 per share (−13.8%)
Price band₹29
Issue dates25 Sep 2026 to 29 Sep 2026
Subscription (overall, at close)1.42x, as of 29 Sep 2026
Lot size4,000 shares
Gain or loss per lot vs upper band−₹16,000

Grey-market premium against the actual listing

The last grey-market premium we captured before listing was ₹1 on 4 Oct 2026 (daily average of 11 quotes), which implied a listing ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠​​⁠⁠​⁠⁠⁠⁠⁠⁠⁠⁠​​​​⁠​⁠​​​​⁠⁠​⁠⁠​⁠⁠​⁠​⁠​⁠⁠​⁠​​​​​⁠⁠​​⁠⁠⁠⁠⁠⁠​⁠​⁠⁠⁠⁠​⁠⁠⁠​​price of ₹30; the shares listed at ₹25, ₹5 below that.

Dudani Retail IPO: captured GMP by day (daily average) and the implied listing price against the actual listing price of ₹25 on 5 Oct 2026
DateGMPImplied listing priceActual listing vs impliedQuotes captured
24 Sep 2026₹3₹32−₹7 (−21.9%)1
25 Sep 2026₹3₹32−₹7 (−21.9%)11
26 Sep 2026₹3₹32−₹7 (−21.9%)11
27 Sep 2026₹3₹32−₹7 (−21.9%)12
28 Sep 2026₹3₹32−₹7 (−21.9%)9
29 Sep 2026₹2₹31−₹6 (−19.4%)10
30 Sep 2026₹1₹30−₹5 (−16.7%)9
1 Oct 2026₹1₹30−₹5 (−16.7%)4
2 Oct 2026₹1₹30−₹5 (−16.7%)12
3 Oct 2026₹1₹30−₹5 (−16.7%)13
4 Oct 2026₹1₹30−₹5 (−16.7%)11

GMP is unofficial and unregulated; these are the quotes our desk feed captured, averaged ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠​​⁠⁠​⁠⁠⁠⁠⁠⁠⁠⁠​​​​⁠​⁠​​​​⁠⁠​⁠⁠​⁠⁠​⁠​⁠​⁠⁠​⁠​​​​​⁠⁠​​⁠⁠⁠⁠⁠⁠​⁠​⁠⁠⁠⁠​⁠⁠⁠​​by day. Only the price band and the exchange listing price are official.

Frequently asked questions

What was the Dudani Retail IPO listing price?

Dudani Retail listed on BSE SME on 5 Oct 2026 at ₹25 per share.

How did Dudani Retail list against the issue price?

The listing price of ₹25 was −₹4 per share (−13.8%) against the upper price band of ₹29.

What did the grey market indicate before Dudani Retail listed?

The last grey-market premium we captured before listing was ₹1 on 4 Oct 2026 (daily average ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠​​⁠⁠​⁠⁠⁠⁠⁠⁠⁠⁠​​​​⁠​⁠​​​​⁠⁠​⁠⁠​⁠⁠​⁠​⁠​⁠⁠​⁠​​​​​⁠⁠​​⁠⁠⁠⁠⁠⁠​⁠​⁠⁠⁠⁠​⁠⁠⁠​​of 11 quotes), which implied a listing price of ₹30; the shares listed at ₹25, ₹5 below that. GMP is unofficial and not a forecast.

Where do Dudani Retail shares trade now?

On BSE SME. Check the exchange for the current quote; BuyUnlistedShares tracks unlisted shares and does not quote listed prices.

Dudani Retail IPO overview · GMP history · Subscription status · Allotment status

Indicative reference price, dated. BuyUnlistedShares is India's premium ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠​​⁠⁠​⁠⁠⁠⁠⁠⁠⁠⁠​​​​⁠​⁠​​​​⁠⁠​⁠⁠​⁠⁠​⁠​⁠​⁠⁠​⁠​​​​​⁠⁠​​⁠⁠⁠⁠⁠⁠​⁠​⁠⁠⁠⁠​⁠⁠⁠​​unlisted shares desk, run by Gayatri Financial Synergy LLP, in the market since 2002. Reviewed by the BuyUnlistedShares desk before publishing. Data as of 06 Oct 2026.

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Dudani Retail IPO Listing