Lalithaa Jewellery Mart and Horizon Industrial Parks are both open for public subscription, and investors are comparing grey market premium (GMP) signals ahead of their expected share listing on August 24. One report estimates Lalithaa Jewellery Mart’s GMP implies roughly a 15% listing gain, while another indicates Horizon Industrial Parks’ GMP points to about a 3% listing gain.

Both outlets frame the comparison around listing gain potential and the market’s current pricing in the unlisted space, as reflected by GMP. They also note that subscription is underway for both offerings, which helps investors gauge demand alongside the GMP trend. While the exact numbers cited differ by IPO, the overall point of the comparison is consistent: grey market indications currently suggest a stronger immediate upside for Lalithaa Jewellery Mart than for Horizon Industrial Parks, based on the cited GMP levels before listing.