Sudeep Pharma IPO to open tomorrow; GMP rises 22%. Should you apply? by ET Markets | November 20, 2025 12:04 pm | Indian Stocks, Market, News Sudeep Pharma IPO: Shares are seeing solid momentum in the grey market, trading at a 21.92% premium to the issue price of ₹593. At this GMP, the stock is expected to list near ₹723, signalling a potential upside of about ₹130 per share.