Panchatv Bharat IPO listing: listed at ₹128.95, −7.9% under the issue price

Panchatv Bharat listed on BSE SME on 18 Sep 2026 at ₹128.95 per share, −₹11.05 (−7.9%) against the upper price band of ₹140. The issue (price band ₹140, bidding 10 Sep 2026 to 15 Sep 2026) was subscribed 1.4x overall. The last grey-market premium we ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠​​⁠⁠​⁠​​​⁠⁠⁠​⁠⁠​⁠​⁠​​​​⁠​​⁠⁠​​​​​​​⁠⁠​​⁠​⁠⁠​⁠​​⁠​⁠​⁠​​​​⁠​⁠⁠​⁠⁠​⁠⁠⁠​​captured before listing was ₹3 on 17 Sep 2026 (daily average of 13 quotes), which implied a listing price of ₹143; the shares listed at ₹128.95, ₹14.05 below that.

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

Listing day facts

Panchatv Bharat IPO listing, as recorded on 18 Sep 2026
Listing date18 Sep 2026
ExchangeBSE SME
Listing price₹128.95
Upper price band (issue price basis)₹140
Gain or loss vs upper band−₹11.05 per share (−7.9%)
Price band₹140
Issue dates10 Sep 2026 to 15 Sep 2026
Subscription (overall, at close)1.4x, as of 15 Sep 2026
Lot size1,000 shares
Gain or loss per lot vs upper band−₹11,050

Grey-market premium against the actual listing

The last grey-market premium we captured before listing ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠​​⁠⁠​⁠​​​⁠⁠⁠​⁠⁠​⁠​⁠​​​​⁠​​⁠⁠​​​​​​​⁠⁠​​⁠​⁠⁠​⁠​​⁠​⁠​⁠​​​​⁠​⁠⁠​⁠⁠​⁠⁠⁠​​was ₹3 on 17 Sep 2026 (daily average of 13 quotes), which implied a listing price of ₹143; the shares listed at ₹128.95, ₹14.05 below that.

Panchatv Bharat IPO: captured GMP by day (daily average) and the implied listing price against the actual listing price of ₹128.95 on 18 Sep 2026
DateGMPImplied listing priceActual listing vs impliedQuotes captured
17 Sep 2025₹3₹143−₹14.05 (−9.8%)1
11 Sep 2026₹7₹147−₹18.05 (−12.3%)12
12 Sep 2026₹10₹150−₹21.05 (−14.0%)11
13 Sep 2026₹11₹151−₹22.05 (−14.6%)13
14 Sep 2026₹15₹155−₹26.05 (−16.8%)11
15 Sep 2026₹11₹151−₹22.05 (−14.6%)12
16 Sep 2026₹3₹143−₹14.05 (−9.8%)12
17 Sep 2026₹3₹143−₹14.05 (−9.8%)13

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 Panchatv Bharat IPO listing price?

Panchatv Bharat listed on BSE SME on 18 Sep 2026 at ₹128.95 per share.

How did Panchatv Bharat list against the issue price?

The listing price of ₹128.95 was −₹11.05 per share (−7.9%) against the upper price band of ₹140.

What did the grey market indicate before Panchatv Bharat listed?

The last grey-market premium we captured before ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠​​⁠⁠​⁠​​​⁠⁠⁠​⁠⁠​⁠​⁠​​​​⁠​​⁠⁠​​​​​​​⁠⁠​​⁠​⁠⁠​⁠​​⁠​⁠​⁠​​​​⁠​⁠⁠​⁠⁠​⁠⁠⁠​​listing was ₹3 on 17 Sep 2026 (daily average of 13 quotes), which implied a listing price of ₹143; the shares listed at ₹128.95, ₹14.05 below that. GMP is unofficial and not a forecast.

Where do Panchatv Bharat shares trade now?

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

Panchatv Bharat 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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Panchatv Bharat IPO Listing