Fly-Hi Maritime IPO listing: listed at ₹81.60, −20.0% under the issue price

Fly-Hi Maritime listed on BSE SME on 8 Sep 2026 at ₹81.60 per share, −₹20.40 (−20.0%) against the upper price band of ₹102. The issue (price band ₹102, bidding 1 Sep 2026 to 3 Sep 2026) was subscribed 2.12x overall. The last grey-market premium we captured before ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠​​⁠⁠​​⁠​​⁠⁠⁠⁠​⁠​​​​⁠​⁠⁠⁠​​​​⁠​​​​​​⁠⁠​​⁠​⁠⁠⁠​⁠⁠⁠​​​​⁠⁠​⁠⁠⁠​⁠​⁠⁠​⁠⁠​​​listing was ₹1 on 7 Sep 2026 (daily average of 9 quotes), which implied a listing price of ₹103; the shares listed at ₹81.60, ₹21.40 below that.

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

Listing day facts

Fly-Hi Maritime IPO listing, as recorded on 8 Sep 2026
Listing date8 Sep 2026
ExchangeBSE SME
Listing price₹81.60
Upper price band (issue price basis)₹102
Gain or loss vs upper band−₹20.40 per share (−20.0%)
Price band₹102
Issue dates1 Sep 2026 to 3 Sep 2026
Subscription (overall, at close)2.12x, as of 3 Sep 2026
Lot size1,200 shares
Gain or loss per lot vs upper band−₹24,480

Grey-market premium against the actual listing

The last grey-market premium we captured before listing was ₹1 on 7 Sep 2026 (daily average of 9 quotes), which implied a listing price ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠​​⁠⁠​​⁠​​⁠⁠⁠⁠​⁠​​​​⁠​⁠⁠⁠​​​​⁠​​​​​​⁠⁠​​⁠​⁠⁠⁠​⁠⁠⁠​​​​⁠⁠​⁠⁠⁠​⁠​⁠⁠​⁠⁠​​​of ₹103; the shares listed at ₹81.60, ₹21.40 below that.

Fly-Hi Maritime IPO: captured GMP by day (daily average) and the implied listing price against the actual listing price of ₹81.60 on 8 Sep 2026
DateGMPImplied listing priceActual listing vs impliedQuotes captured
31 Aug 2026₹5₹107−₹25.40 (−23.7%)1
1 Sep 2026₹8₹110−₹28.40 (−25.8%)11
2 Sep 2026₹17₹119−₹37.40 (−31.4%)10
3 Sep 2026₹8₹110−₹28.40 (−25.8%)10
4 Sep 2026₹1₹103−₹21.40 (−20.8%)11
5 Sep 2026₹1₹103−₹21.40 (−20.8%)12
6 Sep 2026₹1₹103−₹21.40 (−20.8%)11
7 Sep 2026₹1₹103−₹21.40 (−20.8%)9

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 Fly-Hi Maritime IPO listing price?

Fly-Hi Maritime listed on BSE SME on 8 Sep 2026 at ₹81.60 per share.

How did Fly-Hi Maritime list against the issue price?

The listing price of ₹81.60 was −₹20.40 per share (−20.0%) against the upper price band of ₹102.

What did the grey market indicate before Fly-Hi Maritime listed?

The last grey-market premium we captured before listing was ₹1 on 7 Sep 2026 (daily average of 9 quotes), which implied a listing ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠​​⁠⁠​​⁠​​⁠⁠⁠⁠​⁠​​​​⁠​⁠⁠⁠​​​​⁠​​​​​​⁠⁠​​⁠​⁠⁠⁠​⁠⁠⁠​​​​⁠⁠​⁠⁠⁠​⁠​⁠⁠​⁠⁠​​​price of ₹103; the shares listed at ₹81.60, ₹21.40 below that. GMP is unofficial and not a forecast.

Where do Fly-Hi Maritime shares trade now?

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

Fly-Hi Maritime 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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Fly-Hi Maritime IPO Listing