White Force IPO GMP Today | Check Grey Market Premium, Allotment & Listing Update

White Force IPO GMP Today: Price Band, Subscription, Allotment & Listing Details

White Force Outsourcing Limited, a growing HR and manpower solutions company, has opened its SME IPO to the public, and investor interest has been soaring. With strong fundamentals and growing market presence, the White Force IPO GMP has caught the attention of both retail and HNI investors.

Let’s explore the key IPO details, latest GMP, subscription trends, and expected listing performance.

White Force IPO Details at a Glance

White Force provides recruitment, staffing, payroll, and facility management services across multiple industries. The company serves both blue-collar and white-collar workforce solutions nationwide.

White Force IPO GMP Today

The White Force IPO GMP (Grey Market Premium) is a key indicator of expected listing performance. According to the latest grey market trends:

• White Force IPO GMP Today: ₹28–₹30 per share

• Estimated Listing Price: ₹100–₹102

• Listing Premium: Around 40% over the issue price

The rising Force IPO GMP reflects strong demand and positive market sentiment for manpower outsourcing companies in India.

White Force IPO Subscription Status

Investor enthusiasm is high, with Day 2 subscription status as follows:

The exceptional response, especially from retail and HNI categories, confirms the IPO's popularity.

Company Financials Snapshot

• FY24 Revenue: ₹52.4 Crore

• Net Profit: ₹7.8 Crore

• EBITDA Margin: ~14.8%

• Return on Net Worth (RONW): ~27%

• Debt Status: Low

• Client Base: Manufacturing, logistics, BFSI, healthcare & government sectors

The company’s robust client base and steady growth path support investor confidence, justifying the strong White Force IPO GMP.

Listing Expectations Based on GMP

Expert Review: Should You Apply?

Pros:

• High GMP and oversubscription

• Strong revenue & profit growth

• Growing manpower services demand

• Reputed clients across industries

Cons:

• SME IPO (lower post-listing liquidity)

• Short-term volatility on listing day is possible

If you're looking for short-term gains or a play on India's growing HR outsourcing sector, the White Force IPO appears attractive.

Top 10 FAQs on White Force IPO GMP

Q1. What is White Force IPO GMP today?
A: The White Force IPO GMP is ₹28–₹30, indicating a potential 40% premium on listing.

Q2. What is the price band and lot size of the White Force IPO?
A: The IPO price band is ₹68–₹72, and the lot size is 1,600 shares.

Q3. When is the White Force IPO allotment and listing date?
A: Allotment is on July 9, and the IPO is likely to be listed on July 11, 2025.

Q4. How much is the IPO issue size?
A: The total issue size is ₹24.3 crore, entirely a fresh issue.

Q5. On which platform is the White Force IPO being listed?
A: The IPO will be listed on the NSE SME Emerge platform.

Q6. What is the business model of White Force Outsourcing Ltd?
A: It offers staffing, payroll management, recruitment, and HR outsourcing services.

Q7. Is the White Force IPO good for short-term listing gains?
A: Based on current GMP and high demand, it’s considered a good short-term listing play.

Q8. Can retail investors apply in the White Force IPO?
A: Yes, retail investors can apply with a minimum of 1 lot (₹1.15 lakh approx).

Q9. What are the risks of investing in SME IPOs like White Force?
A: SME IPOs can be volatile and have lower liquidity after listing.

Q10. Where can I check the allotment status?
A: Investors can check allotment status on NSE or via the registrar's official website.