Legal Agreement

Terms of Service

Last Updated: October 24, 2026

Welcome to Live GMP (livegmp.com). By accessing or using our website, services, and applications, you agree to comply with and be bound by the following Terms of Service. Please review them carefully.

1. Acceptance of Terms

By visiting, browsing, or utilizing Live GMP, you acknowledge that you have read, understood, and agreed to be legally bound by these Terms of Service, along with our Privacy Policy and Disclaimer. If you do not agree with any part of these terms, you must refrain from using the platform.

2. Description of Service & Data Disclaimer

Live GMP operates as an informational and analytics platform that aggregates publicly available data on Indian Initial Public Offerings (IPOs), Grey Market Premiums (GMP), subscription trends, allotment schedules, and stock market indices.

Informal Nature of Grey Market Premium (GMP)

Grey Market Premium (GMP) data displayed on Live GMP is based solely on reports from informal, unorganized, and unregulated over-the-counter trades. GMP is subject to rapid fluctuation, is not approved or endorsed by SEBI or any stock exchange, and does NOT guarantee actual listing gains or listing prices.

3. No Financial or Investment Advice

Live GMP is NOT a registered stockbroker, portfolio manager, or investment advisor with the Securities and Exchange Board of India (SEBI). All content, data points, statistics, calculators, tools, and educational material provided on Live GMP are strictly for educational and informational purposes only. Nothing on this website constitutes a recommendation to buy, sell, or subscribe to any IPO, security, stock, or financial instrument.

4. User Obligations & Acceptable Use

When accessing or using Live GMP, you agree NOT to:

  • Deploy automated bots, spiders, crawlers, or scraping scripts to harvest platform data or strain our server infrastructure without written permission.
  • Attempt to bypass security features, reverse-engineer proprietary algorithms, or compromise platform integrity.
  • Transmit any computer viruses, worms, malware, or malicious code.
  • Impersonate any individual, entity, or misrepresent your affiliation with Live GMP.

5. Intellectual Property Rights

The design, layout, graphics, logos, icons, user interface, software code, and curated editorial content on Live GMP are the property of Live GMP and are protected under copyright, trademark, and intellectual property laws. Trademarks of third-party companies, registrars, or exchanges (such as NSE, BSE, Link Intime, KFintech) belong to their respective owners and are mentioned purely for identification and comparative reference.

6. Limitation of Liability

To the fullest extent permitted by applicable law, Live GMP, its operators, creators, contributors, and affiliates shall not be liable for any direct, indirect, incidental, consequential, or punitive damages arising from your access to or reliance upon any data, calculations, or content published on the site. You assume sole responsibility for all financial decisions and outcomes.

7. Modifications to Service & Terms

We reserve the right to modify, suspend, or discontinue any aspect of Live GMP at any time without notice. We may also revise these Terms of Service periodically. Your continued use of the platform after updates are posted constitutes your acceptance of the revised terms.

8. Governing Law & Jurisdiction

These Terms of Service are governed by and construed in accordance with the laws of India. Any disputes or claims arising out of or in connection with these terms shall be subject to the exclusive jurisdiction of the competent courts in India.

9. Contact Information

If you have any questions or concerns regarding these Terms of Service, please reach out to us at:

Email: support@livegmp.com