Admach Systems IPO eyes steady listing as GMP indicates 5% premium over issue price by ET Markets | December 31, 2025 8:05 am | Indian Stocks, Market, News Admach Systems is set to list on the BSE SME platform on December 31, with a modest 5% grey market premium indicating cautious investor sentiment. The Rs 42.6 crore IPO, priced at Rs 239 per share, saw strong demand from non-institutional investors.