Disclaimer

⚠️ CRITICAL ADVISORY: NOT SEBI REGISTERED

LiveGMP (https://livegmp.com) is NOT registered with the Securities and Exchange Board of India (SEBI) in any capacity:

  • ❌ We are NOT SEBI-registered Investment Advisors (RIA).
  • ❌ We are NOT SEBI-registered Research Analysts (RA).
  • ❌ We do NOT operate as stock brokers, sub-brokers, or portfolio managers.
  • ❌ We do NOT manage real investment portfolios or accept investment funds.

All information, analytics, automated metrics, and paper trading tools provided on this website are strictly for educational, informational, and simulated paper-trading purposes only. Nothing on this website constitutes investment advice, financial planning, or buy/sell recommendations.

Unofficial & Unregulated GMP Data

All Initial Public Offering (IPO) Grey Market Premium (GMP) estimates, Kostak rates, and Subject-to-Sauda figures displayed on this Service are completely unofficial, unregulated, and sourced from informal trading networks.

GMP estimates represent dealer quotes and bid-ask spreads in unregulated local markets (primarily Ahmedabad, Rajkot, Surat, Mumbai, and Delhi). These figures:

  • Do not represent guaranteed listing prices on the NSE or BSE.
  • Are highly volatile and subject to sudden shifts based on market sentiment.
  • Can be manipulated by market operators to generate artificial demand.
  • Are not verified, audit-controlled, or approved by SEBI, NSE, BSE, or any regulatory authority.

High Market Risk & Potential Capital Loss

Investing in financial markets, equity shares, and Initial Public Offerings (IPOs) involves substantial risk of financial loss. Startups, small-caps, and Small and Medium Enterprises (SMEs) are particularly volatile and susceptible to business disruption, cash-flow risks, and illiquidity post-listing.

⚠️ You can lose all or part of your invested capital. Past performance, historical listing premiums, and paper trading success are not indicators of future real-world returns.

Limitation of Liability

Under no circumstances shall LiveGMP or its operators be held responsible for any direct, indirect, incidental, or consequential losses, including financial losses or trading losses, incurred as a result of using the data or resources found on this website.

We strongly advise all users to read the official Draft Red Herring Prospectus (DRHP) filed by the company with SEBI, analyze company fundamentals, and consult a certified SEBI-registered financial advisor before executing any real investments.