Latest IPO GMP Rates Today
Check the latest IPO analysis and the estimated IPO grey market rates for current and upcoming IPO with calculated listing gain, GMP on IPO, kostak rates, and subject to sauda as given below:
Note: Due to market volatility the grey market will be vary again the listing price.
| Upcoming IPO | IPO GMP | Price | Gain | Date |
| Garuda Construction (Mainline) | ₹12 | ₹95 | 13% | 8-10 Oct |
| Hyundai Motor India (Mainline) | ₹370 | ₹- | -% | 14-16 Oct |
| NTPC Green (Mainline) | ₹35 | ₹- | -% | Soon |
| Waaree Energies (Mainline) | ₹- | ₹- | -% | Soon |
| HVAX Technologies (NSE SME) | ₹25 | ₹458 | 5% | 27-1 Oct |
| Saj Hotels (NSE SME) | ₹- | ₹65 | -% | 27-1 Oct |
| Paramount Dye Tec (NSE SME) | ₹5 | ₹117 | 4% | 30-3 Oct |
| Subam Papers (BSE SME) | ₹25 | ₹152 | 16% | 30-3 Oct |
| NeoPolitan Pizza (BSE SME) | ₹- | ₹20 | -% | 30-4 Oct |
| Khyati Global Ventures (BSE SME) | ₹- | ₹99 | -% | 4-8 Oct |
| Shiv Texchem (BSE SME) | ₹40 | ₹166 | 24% | 8-10 Oct |
IPO Kostak Rates and Subject to Sauda
| Upcoming IPO | Kostak Rates | Subject to Sauda | Date |
| Garuda Construction (Mainline) | ₹– | ₹– | 8-10 Oct |
| Hyundai Motor India (Mainline) | ₹– | ₹2,500 | 14-16 Oct |
| NTPC Green (Mainline) | ₹1,000 | ₹6,500 | Soon |
| Waaree Energies (Mainline) | ₹– | ₹– | Soon |
| HVAX Technologies (NSE SME) | ₹- | ₹5,000 | 27-1 Oct |
| Saj Hotels (NSE SME) | ₹- | ₹- | 27-1 Oct |
| Paramount Dye Tec (NSE SME) | ₹- | ₹5,000 | 30-3 Oct |
| Subam Papers (BSE SME) | ₹- | ₹15,000 | 30-3 Oct |
| NeoPolitan Pizza (BSE SME) | ₹- | ₹- | 30-4 Oct |
| Khyati Global Ventures (BSE SME) | ₹- | ₹- | 4-8 Oct |
| Shiv Texchem (BSE SME) | ₹- | ₹25,000 | 8-10 Oct |
Disclaimer
- The estimated IPO Grey Market Premium (GMP) mentioned here is valid for a specific time and it may change anytime.
- We do not facilitate the buying or selling of IPO forms on the grey market.
- Due to stock market conditions, the IPO listing might differ from the estimated IPO GMP price.
- It is highly recommended that all the rates shown here are for educational purposes. Do not subscribe to an IPO based only on the premium price, as this may change before the listing. Subscribe to an IPO based solely on the fundamentals of the companies.
What is IPO GMP?
An IPO GMP (IPO grey market premium) 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. This is how it works; when a company is preparing for an IPO, the price at which its shares are going to be issued is called the issue price. On the other hand, the price at which these same shares are traded before they get listed on the stock exchanges is referred to as the grey market price. The period between when an issuer files with regulatory authorities and when it begins trading publicly on stock exchanges is known as the grey market period. During this period, buyers and sellers can trade in these unlisted shares without going through any official channels or stock exchanges.
The grey market is an unofficial market in which shares can be purchased and sold before their listing on a stock exchange. GMP can be used to estimate investor sentiment toward an IPO. A high GMP indicates that investors are positive about the company and expect its share price to rise once it is listed on the stock exchange. A low GMP indicates that investors are thinking negatively about the company and expect the share price to fall when it lists.
It is important to note that the GMP is not always a trustworthy indicator of how the share price will perform once the IPO is listed on the stock exchange. A variety of factors can influence the share price on the listing, including the level of demand from institutional investors and general market conditions. The GMP is simply a measure of investor sentiment at a given time. The actual performance of the shares will be determined by several factors, including the company’s performance, overall market conditions, and others. The IPO Grey Market Premium (GMP) is a key factor that attracts the attention of potential investors. This article aims to provide a detailed understanding of GMP, IPOs, and their significance in the IPO grey market.
The IPO GMP provides an indication of market sentiment toward the IPO. If the GMP is positive, it means that the shares are trading at a higher price than the issue price, indicating high demand for the IPO. A negative GMP, on the other hand, indicates that the shares are trading below the issue price, showing that demand is weak.
Let’s look at how to calculate the estimated listing price after involving a premium. If the grey market rate for an IPO is ₹100 and the IPO price is around ₹200, the estimated listing price will be around ₹300. Based on the calculations, the listing gain will be 50% of the IPO price.
The listing of an IPO may differ from the estimated listing price suggested by the grey market due to the bull/bear market or demand for the company’s shares. We have seen that some IPOs had lower grey markets but listed with higher gains, whereas a few IPOs in 2021 had a higher grey market but a lower listing. As the grey market is always a strong factor in calculating IPO listing gains, we strongly advise investors to use grey market rates as information only and not to trade based on them.
Important Points to Consider about the Grey Market:
- The grey market transactions are unofficial, involving IPO investors and stockbrokers. It is based on the trust between the two parties.
- Before submitting an IPO application, please read our analysis.
- Grey market rates are calculated and provided or sourced by market researchers or experts.
- We do not recommend trading in the grey market because it is illegal.
- The Kostak Rate is the premium received for selling an IPO application (in an off-market transaction) to someone else before the issue is allotted or listed.
- Do not subscribe to the IPO with the premium listed above. It might change the time before listing.
- Subscribe only after considering the company’s fundamentals.
More About Grey Market Premium
The IPO Grey Market Premium (IPO GMP) is the premium or additional price at which IPO shares are unofficially traded before their official listing on the stock exchange. It shows the market’s assessment of the potential value and demand for the shares.
The “grey market premium” (also known as the “IPO GMP”) is a term used in the IPO market to determine the estimated price of an IPO. It is unofficial, but investors use an IPO’s grey market price to calculate the stock’s fixed gain. It works before the IPO listing and during the days between the IPO start date and the allotment date. The grey market premium predicts how the IPO will perform on the listing day with an estimated price.
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: Investor interest in initial public offerings is influenced by overall market sentiment, sector performance, and economic factors.
- Demand and Supply Dynamics: The number of available shares and the level of investor interest are important factors in determining the GMP.
What is Kostak Rate?
The Kostak rate is the amount paid by one investor to the seller of an IPO application before its listing. Kostak rates react in the same way that the grey market does. One can buy and sell their entire IPO application on Kostak rates outside of the market to fix their profit. The investor receives an IPO allotment or not; the buyer must pay the Kostak rates for the IPO.
Selling 5 applications for an IPO at ₹1000 each results in a profit of ₹5000. Even if he receives an allotment in two applications, his profit remains at ₹5000. If the stock is sold for around ₹10000, the investor who purchased the application must receive the remaining ₹5000 profit. This is the most secure way to sell your application on the IPO grey market.
What is Subject to Sauda?
According to the Kostak rate, the Subject to Sauda on the application is the amount determined when investors receive an official allotment on their IPO application. If one buys or sells an IPO application on the subject of sauda, it means that one will receive the stated amount if the allotment is granted; otherwise, sauda will be canceled. One cannot predict their profit in this case because it is determined by the allotted amount. If you get an allotment and sell the application for around ₹10000 and make a profit of around ₹15000 on the listing day, you should pay ₹5000 to the buyer.
How to Calculate Grey Market Premium?
The IPO GMP, also known as the grey market premium, is a price that trades in the grey market before the IPO listing process. The calculation is based on the company’s performance, demand in the grey market, and the chance of subscription. Assuming the X IPO price is fixed at ₹200 and the grey market rate is ₹100, the IPO might list at ₹300 (i.e. ₹200+₹100). Still, this is an assumption, and the actual listing may differ from the grey market price.
Are Grey Market Stocks Safe?
It is dependent on the broker or trading person, and we believe it is not safe. Trading on the grey market is entirely at your own risk. There may be higher fluctuations, so proceed with caution. As we suggest, simply refer to the IPO GMP for listing gain purposes. Make wise decisions and only trade in the primary market after listing.
How Do I Buy / Sell IPO Application in Grey Market?
There are no official people or businesses involved with the grey market. Some brokers buy and sell IPO applications using Kostak Rates or Subject to Sauda Rates based on the IPO’s GMP. One should look for local brokers who act as intermediates between buyers and sellers and trade IPO applications on the grey market. Be aware of the current rates before purchasing or selling.
Significance of IPO GMP
The IPO Grey Market Premium indicates market sentiment and the expected worth of the IPO shares. It allows potential investors to assess the level of demand and the premium they may have to pay to buy shares during the IPO. However, it is important to remember that the GMP does not guarantee future performance and is subject to change.
87 Responses
Thanks for updating IPO GMP on daily basis.
Hi Vinay,
Thanks for your compliment.
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
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.
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.
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
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.