Live IPO GMP Rates
| Current IPOs | IPO GMP | Price | Gain | Date | Kostak | Subject | Type |
| Mamata Machinery | ₹260 | ₹243 | 107% | 19-23 Dec | ₹- | ₹13,000 | Mainboard |
| Transrail Lighting | ₹194 | ₹432 | 45% | 19-23 Dec | ₹- | ₹5,000 | Mainboard |
| Sanathan Textiles | ₹90 | ₹321 | 28% | 19-23 Dec | ₹- | ₹3,000 | Mainboard |
| DAM Capital Advisors | ₹170 | ₹283 | 60% | 19-23 Dec | ₹- | ₹9,000 | Mainboard |
| Concord Enviro Systems | ₹55 | ₹701 | 8% | 19-23 Dec | ₹- | ₹500 | Mainboard |
| Ventive Hospitality | ₹45 | ₹643 | 7% | 20-24 Dec | ₹- | ₹500 | Mainboard |
| Senores Pharmaceuticals | ₹230 | ₹391 | 59% | 20-24 Dec | ₹- | ₹6,000 | Mainboard |
| Carraro India | ₹- | ₹704 | -% | 20-24 Dec | ₹- | ₹- | Mainboard |
| Unimech Aerospace | ₹510 | ₹785 | 65% | 23-26 Dec | ₹- | ₹6,000 | Mainboard |
| Indo Farm Equipment | ₹- | ₹215 | -% | 31-2 Jan | ₹- | ₹- | Mainboard |
| Identical Brains Studios | ₹40 | ₹54 | 74% | 18-20 Dec | ₹- | ₹60,000 | NSE SME |
| New Malayalam Steel | ₹30 | ₹90 | 33% | 19-23 Dec | ₹- | ₹35,000 | NSE SME |
| Anya Polytech | ₹4 | ₹14 | 29% | 26-30 Dec | ₹- | ₹10,000 | NSE SME |
| Citichem India | ₹- | ₹70 | -% | 27-31 Dec | ₹- | ₹- | BSE SME |
| Technichem Organics | ₹– | ₹55 | -% | 31-2 Jan | ₹- | ₹- | BSE SME |
| Leo Dryfruits | ₹– | ₹52 | -% | 1-3 Jan | ₹- | ₹- | BSE SME |
| Solar91 Cleantech | ₹100 | ₹195 | 51% | 2024 | ₹- | ₹- | BSE SME |
| Rosmerta Digital Services | ₹20 | ₹147 | 14% | 2024 | ₹- | ₹- | BSE SME |
Note for Investors: A positive IPO GMP means there is strong demand in the grey market for that IPO in another case a negative GMP means there is no or lower demand in the grey market. The demand will lead to a positive or negative IPO listing.
What is IPO GMP?
The IPO GMP (IPO Grey Market Premium) refers to the difference between the IPO’s issue price and its trading price in the grey market. Before an IPO officially hits the stock exchanges for public trading, there is a period during which unofficial trading of the IPO shares takes place in the grey market. The grey market is an over-the-counter market where the buying and selling of shares happen without the involvement of the stock exchanges.
An IPO grey market premium (IPO GMP) is the difference between the price at which shares of an Initial Public Offering (IPO) are traded in the grey market and the issue price set by the company. The grey market is an unofficial market where shares can be bought and sold before they are listed on a stock exchange. GMP can be used as a gauge of investor sentiment toward an IPO. A high GMP suggests that investors are bullish on the company and expect the share price to rise when it is listed on the stock exchange. A low GMP indicates that investors are bearish on the company and expect the share price to fall when it lists.
It is important to note that the GMP is not always an accurate predictor of how the share price will perform when the IPO lists on the stock exchange. There are a number of factors that can affect the share price on the listing, such as the level of demand from institutional investors and the overall market conditions. The GMP is simply a reflection of investor sentiment at a particular point in time. The actual performance of the shares will depend on several factors, including the company’s performance, general market conditions, and other factors. One key aspect that captures the interest of potential investors is the IPO Grey Market Premium (GMP). This article aims to provide a comprehensive understanding of IPO GMP, IPOs, and their significance in the IPO grey market.
The IPO GMP gives an indication of market sentiment towards the IPO. If the GMP is positive, it means that the shares are being traded at a higher price than the issue price, indicating strong demand for the IPO. Conversely, a negative GMP means the shares are being traded below the issue price, suggesting weak demand.
Let’s see how to calculate the estimated listing price after adding a premium. If the grey market shows the rate of an IPO is ₹100 and the IPO price is around ₹200 then the estimated listing price will be around ₹300. Based on the calculation the listing gain will be 50% against the IPO price.
The listing of an IPO might vary against the estimated listing price suggested by the grey market due to the bull/bear market or the demand for the company shares. We have witnessed that some of the IPOs had lower grey markets but listed with higher gains while a few IPOs in 2021 were a grey market was on the higher side but the listing was at the lower levels. As the grey market is always one of the strong factors for the IPO listing gain calculation but we highly recommend investors use the grey market rates for just information, do not trade based on the numbers.
Important Points to Consider about IPO GMP:
- The grey market transactions are unofficial and that is an involvement of IPO investors and the stockbrokers. It depends on the trust between both parties.
- Read our IPO analysis before applying for an IPO.
- The grey market rates are calculated and provided or sourced from market research or experts.
- We do not recommend trading in the Grey Market as it’s illegal.
- Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
- Do not subscribe to the IPO on the premium given above. It may change anytime before listing.
- Subscribe only considering the Fundamentals of the companies.
What is Grey Market Premium?
The IPO Grey Market Premium (IPO GMP) refers to the premium or additional price at which IPO shares are traded unofficially before their official listing on a stock exchange. It represents the market’s perception of the potential value and demand for the shares.
The “grey market premium” aka “IPO GMP” is a term people use in the IPO market to check what is the estimated price the IPO might list. It is unofficial, but investors look at an IPO’s grey market price to get the stock’s fixed gain. It works before the IPO listing and during the days from the IPO start date to the allotment date. The grey market premium indicates how the IPO might react on a listing day with an estimated price.
Let’s see how the IPO GMP calculation goes on. If the company comes up with an IPO of ₹100 and the grey market premium is around ₹20 then we can assume that the IPO might list at around ₹120 on its listing day. But the fact is, there is no reliability. In most cases, IPO GMP works but in some cases, it’s not. We have observed that if the IPO is in demand and the estimated HNI and QIB subscription is on the higher side, the IPO list around the given price with an estimated IPO GMP.
What Factors are Influencing IPO GMP?
Several factors contribute to the IPO Grey Market Premium, including:
- Company Fundamentals: Strong financials, growth prospects, and a reputable management team can positively impact the GMP.
- Market Conditions: Overall market sentiment, sector performance, and economic factors influence investor appetite for IPOs.
- Demand and Supply Dynamics: The number of shares available and the level of investor interest play a crucial role in determining the GMP.
What is Kostak Rate?
The Kostak rate is the amount that one investor pays to the seller of an IPO application before the IPO listing. As the grey market reacts the Kostak rates also react that way. One can buy and sell their full IPO application on Kostak rates outside the market and fix their profit. The Kostak rates apply whether the investor gets the IPO allotment or not, the buyer should pay the Kostak rates for the IPO.
If one did 5 applications for one IPO and sold the same at ₹1000 per application it means he or she secured the IPO profit at ₹5000 rupees. If he gets the allotment in 2 applications still his profit will be ₹5000. Now if he sells the stock and gets a profit of around ₹10000 then he or she needs to give the remaining profit of ₹5000 to the investor who bought the application. This is the secure way to sell your application in the IPO grey market.
What is Subject to Sauda?
As per the Kostak rate, the Subject to Sauda on the application is the amount decided when the investors get the firm allotment on their IPO Application. If one buys or sells the IPO application on the subject to sauda it means one can get the said amount if one gets the allotment otherwise sauda will be canceled. In this one can not fix their profit as it depends on the allotment. Again if one gets an allotment and he or she sold the application for around ₹10000 and the profit goes high on listing day around ₹15000 then one should pay ₹5000 to the guy who bought the application.
How to Calculate Grey Market Premium?
The IPO GMP aka grey market premium is a price that is traded in the grey market before the IPO listing process. The calculation is done based on the company’s performance, its demand in the grey market, and the probability of the subscription. Let’s assume that if the X IPO price is fixed at ₹200 and the grey market is showing the rate of ₹100 it means the IPO might list at ₹300 (ie: ₹200+₹100). Still, this is an assumption but the actual listing might vary from the grey market price.
Are Grey Market Stocks Safe?
It depends on the broker or the trading person and We suggest it is not safe. If you are trading in the grey market it will be at your own risk. There might be fluctuations on a higher side so one needs to do it with precautions. As we suggest just refer to the IPO GMP for the listing gain purpose. Be wise and trade in the primary market after listing only.
How Do I Buy / Sell IPO Application in Grey Market?
There are no official people or businesses associated with the grey market. Some brokers buy and sell IPO applications on Kostak Rates or Subject to Sauda Rates based on the IPO GMP. One should find local brokers who stay between buyers and sellers and do the grey market trading of IPO applications. Be aware of the rates and then do the buying or selling.
Significance of IPO GMP
The IPO Grey Market Premium serves as an indicator of market sentiment and the perceived value of the IPO shares. It allows potential investors to gauge the level of demand and the premium they may have to pay if they wish to purchase shares during the IPO. However, it’s essential to note that the GMP doesn’t guarantee future performance and is subject to change.
100 Responses
छोटे निवेशको का कुछ नहीं होगा
Hi Mukesh,
Keep Applying the IPOs
Hi
Thanks for your kind words.
Dates of IPOs not mentioned in today’s ( 29.10.2024 ) table… Please update the same .
me use ipo watch good software app and easy watching ipo listing
Hi, If I get an SME IPO can I sell the entire lot on the listing day?
HI, If i got SME IPO then i will sell full lot on the listing day?
Thanks for updating IPO GMP on daily basis.
Hi Vinay,
Thanks for your compliment.
Hello Nitesh,
Thanks for your valuable words for our team, we will keep it up!
Hi Babu,
Thanks for your compliemnt about our IPO GMP page.
Hi, you should sort IPOs based on ascending order date. And keep columns in this format – Company Type Date Price GMP Gain % and make sure IPO names are removed as soon as lPO is allotted before listing.
Hi
You can sell it on listing day at 10:00 AM
yes, you can
Hi
You can sell on listing, most probably it will be a good listing gain.
good and vital information on IPO with all rates of grey market shows around the listing. Nice information
Thanks for the update, the same has been corrected
Sir,
First thanks for updating us in a required manner.
Request
Please add one column in Listed IPO place with mentioning the current price.
IPO ka क्या-क्या roll follow karna padta hai
Thank you for the note
IPO allotment kis base par hota hai kis type se lagaye ki IPO allot ho jaye
Lottery jesa, lag gaya to nasib
Make a chart by arranging the dates in sequence!
Hi, Kindly delete the ipo gmp detail for which date has been expired
RIGHT……
EK BHI SME IPO LAGTA TO NAHI HAI!!! KITNA AMOUNT KA FORM BHARE TO LAGE ?
He’ll Mam, sme ipo lagega per apko kuch rule follow karna hoga .
Konsa sule
sar kuch thik se samjhayi na sar ///// i m vipn rajak
sab ipo apply karta hu but lag nahi rahe he
Great work IPOWATCH team, appreciated. Keep rocking…
Thanks Ramesh
Hey, i am new to chk GMP here. will share experiance one week later
I wish to sell my demat account for new IPO applications (Mainline/SME) & also trade for trade in gmp of my select IPO’s. What’s the process to join any reputed trader.My current Demat with Nuama will do or I have to open a fresh demat account? Plz reply & suggest. Thanks.
बड़े लॉट साइज का आई पी ओ 1000/1200 वाला छोटे निवेशकर्ता को नही दिया जाता है क्यों
जिस आई पी ओ का लॉट साइज 1000/1200 रहता है क्या आम निवेशक को अलॉटमेंट होता है हम जब भी आई पी ओ का आवेदन करे है कभी नहीं मिला। क्यों
It depends upon number of times it is oversubscribed. If u don’t care about premium, u may apply when the subscription is not much. But we must get allotment only when it is listed above issue price.
That’s right. Many times I was tried but can’t get allotment.
WHY? Someone tell me plz.
I greatly enjoyed reading your blog post. Your insights were incredibly helpful, and the way you presented them really resonated with me.
Hi green gmp
Aajkal allotments date se pahle ho raha hai kyu
Hello Deepak,
Few Companies opt for T+3 instead of T+6 that is why the allotment comes out before the allotment date. After December all companies IPO date will be in T+3 segement so allotment will come on the last day or the the day after closing of respective IPOs.
As per my knowledge, it should be after 3 working days from the closing days of IPO.
Please Provide GMP
Aeroflex Is For long Term or short Term
You can go with short term and long term both.
Thanks for your perfect advice, I am applying IPO only after watching your site. Wonderful and believable.
Can’t read the IP0 premium as ‘Rs ‘ overlap on the amount figure.
whats rate in ipo
please update subscription status on time, you are way behind on this.
Maine itna baar padh liya kostak rates aur subject to sauda rates merko samhj hi nahi aa raha ye dono, koi samjha do yaar please??
How to contact for Sauda.
Waaree energy long term better or short term??
Long term its a good bet. Keep tracking.
Accurate IPO GMP Rates. Keep updating on daily basis help us to decide to apply an IPO or not. Super Thanks.
Very informative and good guide. Most of GMP forecast comes true. Keep updating the price. Thanks a lot
Thanks for your kind words.
Upto date information about IPO GMP. Good one
How can I buy or sell in grey market?
Yes, but it on the risk. Please contact your stock broker for the same. We do not advise to do so. Just check and grey market and apply IPO based on the fundamentals.
Your gmp list should be shown in order of IPO closing date. The IPO which is closing in last should appear on top.
Excellent work guys,keep it up
upto date information and almost all the IPOs are listing near to the grey market premium suggested by IPO Watch GMP page.
You are giving us the useful information, please do the best in future also, thank you.
Thanks for the compliments, We will try to provide accurate information about the IPOs. Keep visiting our portal.
𝐇𝐞𝐥𝐥𝐨 𝐬𝐢𝐫 𝐦𝐚𝐢𝐧𝐞 𝐛𝐚𝐡𝐮𝐭 𝐛𝐚𝐚𝐫 𝐈𝐏𝐎 𝐤𝐞 𝐥𝐢𝐲𝐞 𝐚𝐩𝐩𝐥𝐲 𝐦𝐢𝐲𝐚 𝐥𝐞𝐤𝐢𝐧 𝐚𝐤 𝐛𝐚𝐚𝐫 𝐛𝐡𝐢 𝐚𝐥𝐥𝐨𝐭𝐦𝐞𝐧𝐭 𝐧𝐡𝐢 𝐦𝐢𝐥𝐚 𝐤𝐲𝐚 𝐤𝐫𝐞 𝐣𝐢𝐬𝐬𝐞 𝐚𝐥𝐥𝐨𝐭𝐦𝐞𝐧𝐭 𝐦𝐢𝐥 𝐣𝐚𝐲𝐚 𝐤𝐫𝐞… 𝐏𝐥𝐞𝐚𝐬𝐞 𝐡𝐞𝐥𝐩 𝐦𝐞
Hi Narayan,
When the IPO GMP goes high the subscription goes multiple times and due to that allotment is done based on lottery. So keep applying.
Please rectify the link for Kaynes Technology. It is pointing to wrong company!!!.
also other sites indicate GMP of 75 but here it is shown as 15.. Kindly check.
Thanks
PLEASE ADD LAST DATE OF SUBSCRIPTION
Good info helps a lot. Also provide ipo dates in front tables /chart formats.
Bikaji foods is good ipo
Yes, Its good to go but the grey market is not stable, go for long term only.
Hi,
Please suggest that Exicom tele-services limited IPO to be hold for long term or to trade on listing day for profit ?
Half Hold, Half Sold
PLEASE ADD COLUM OF TYPE OF IPO
SME OR NORMAL
Good Information about IPO GMP, Up to Date.
Good information of all ipo grey market premium
Hi sir muzhe bhi sikna hai IPO ka bareme Ac kise open Karu bolo
Share your contact details, I’ll assist you
Hi Ramesh, Please email your details to [email protected]
The great results we have seen via IPO GMP Page. Each time you post the rates and the IPO settles around the rate. Keep updating.
Thanks Mahendra.
sme ipo me allotment kaise aaye
Good SME IPO getting highest subscription and due to that the basis of allotment is on a higher side. Lucky one will get the allotment. Try to apply in multiple accounts to get the allotment. 1 Allotment in the year will give a good profit for sure.
I understand for allotment different accounts of one person are not considered but only pan number basis is considered.
Is it true?
good information for IPO GMP and other information
plz contineu the report.
Thanks
Electronic mart will debut at 10,pct
Iam Appling in SMEipo fordifferent PAN no but no allotment in sme ipo any Guru mantra for sme ipo Allotment
Hi Mayur,
Keep applying as the higher subscription will be always an issue to get the allotment. We have witnessed that the investors will get the allotment if they apply the IPOs.
In table also provide start and end date of ipo
Bank nefty primeyam
Great information and details. Normally i use this details for registering IPO.
Just one suggestion if normal and SME IPO details can be segregated.
EXELLENT INFORMATION FOR THOSE WHO APPLY IN IPO
Nice information. Keep it up. I always check Ipowatch for the grey market update and most of accurate. Keep the thing upto the mark always.
True
True
Gmp madhe IPO karaydi vikari Kase kareche….? & AC kase open Karu shkato….? Plzz mahite dya
Hy
Request to IPO Watch Management, Please dont mix list of Mainline and SME IPOs. Show IPO details and GMP of Mainline IPOs & SME IPOs seperately so that we can check details of IPOs properly as per category.