IPO Grey Market is the over-the-counter market where deals are done in person only among the trusted group of investors. The deals are usually facilitated by the broker in the neighborhood. In this market, an investor could sell an IPO share or IPO application before the company gets listed on the stock exchange.
IPO Grey Market Premium (IPO GMP TODAY) is the premium at which the IPO shares are traded in the grey market. Kostak Rate is the rate at which you can sell the IPO application for a fixed price irrespective to you get an IPO allotment or not.
Current IPO GMP Rate
| IPO | Price(₹) | GMP(₹) | Est Listing | IPO Size |
|---|---|---|---|---|
| International Gemmological | ₹417 | 100 | 517 (23.98%) | ₹4225.00 Cr |
| Inventurus Knowledge Solutions | ₹1329 | 422 | 1751 (31.75%) | ₹2497.92 Cr |
| Sai Life Sciences | ₹549 | 36 | 585 (6.56%) | ₹3042.62 Cr |
| Mobikwik | ₹279 | 136 | 415 (48.75%) | ₹572.00 Cr |
| Vishal Mega Mart | ₹78 | 20 | 98 (25.64%) | ₹8000.00 Cr |
| Property Share InvIT | ₹1050000 | – | – | ₹352.91 Cr |
| Suraksha Clinic and Diagnostic | ₹441 | 13 | 454 (2.95%) | ₹846.25 Cr |
| Enviro Infra Engineers | ₹441 | 57 | 205 (38.51%) | ₹650.43 Cr |
| NTPC Green Energy | ₹108 | 1 | 109 (0.93%) | ₹10000.00 Cr |
| BlackBuck-Zinka Logistics | ₹273 | – | 273 (0.00%) | ₹1114.72 Cr |
| Niva Bupa Health Insurance | ₹74 | 1 | 75 (1.35%) | ₹2200.00 Cr |
| ACME Solar Holdings | ₹289 | -4 | 285 (-1.38%) | ₹2900.00 Cr |
| Swiggy | ₹390 | 390 (0.00%) | ₹11327.43 Cr | |
| Sagility India | ₹30 | 0.30 | 30.3 (1.00%) | ₹2106.60 Cr |
| Afcons Infrastructure | ₹463 | ₹45 | ₹508 (9.72%) | ₹5430.00 Cr |
| Godavari Biorefineries | ₹352 | ₹25 | ₹377 (7.10%) | ₹554.75 Cr |
| Deepak Builders Engineers | ₹203 | ₹61 | ₹264 (30.05%) | ₹260.04 Cr |
| Waaree Energies | ₹1503 | ₹1438 | ₹2941 (95.68%) | ₹4321.44 Cr |
| Hyundai Motor | ₹1960 | ₹17 | ₹1977 (0.87%) | ₹27870.16 Cr |
| Garuda Construction and Engineering | ₹95 | ₹95 | ₹95 (0.0%) | ₹264.10 |
| Diffusion Engineers | ₹168 | ₹90 | ₹226 (34.52%) | ₹158.00 Cr |
| Manba Finance | ₹120 | ₹58 | ₹178 (48.33%) | ₹150.84 Cr |
| KRN Heat Exchanger | ₹220 | ₹274 | ₹494 (124.55%) | ₹341.51 Cr |
| Northern Arc Capital | ₹263 | ₹ 131 | ₹394 (49.81%) | ₹777.00 Cr |
| Arkade Developers | ₹128 | ₹60 | ₹188 (46.88%) | ₹410.00 Cr |
| Western Carriers | ₹172 | ₹ 20 | ₹192 (11.63%) | ₹492.88 Cr |
| P N Gadgil Jewellers | ₹529 | ₹290 | ₹783.5 (63.23%) | ₹1100.00 Cr |
| Tolins Tyres IPO | ₹529 | ₹30 | ₹256 (13.27%) | ₹230.00 Cr |
| Kross IPO | ₹529 | ₹50 | ₹264.5 (10.21%) | ₹500.00 Cr |
| Bajaj Housing Finance | ₹70 | ₹78 | ₹142 (102.86%) | ₹7000.00 Cr |
| Gala Precision Engineering | ₹529 | ₹240 | ₹774 (46.31%) | ₹167.93 Cr |
| Baazar Style Retail | ₹389 | ₹95 | ₹422 (8.48%) | ₹834.68 Cr |
| ECOS (India) Mobility | ₹334 | ₹160 | ₹460 (37.72%) | ₹601.20 Cr |
| Premier Energies | ₹450 | ₹480 | ₹937 (108.22%) | ₹2830.40 Cr |
| Orient Technologies | ₹206 | ₹95 | ₹301 (46.12%) | ₹214.76 Cr |
| Interarch Building Products IPO | ₹900 | ₹336 | ₹1236 (37.33%) | ₹600.29 Cr |
| Saraswati Saree Depot IPO | ₹160 | ₹40 | ₹200 (25.00%) | ₹160.01 Cr |
| Firstcry IPO | ₹465 | ₹87 | ₹552 (18.71%) | ₹4193.73 Cr |
| Unicommerce eSolutions IPO | ₹108 | ₹69 | ₹177 (63.89%) | ₹276.57 Cr |
| OLA Electric IPO | ₹76 | ₹-3 | ₹73 (-3.95%) | ₹6145.56 Cr |
| Ceigall India IPO | 401 | ₹17.50 | ₹418.5 (4.36%) | ₹1252.66 Cr |
| Akums Drugs IPO | ₹679 | ₹43 | 722 (6.33%) | ₹1856.74 Cr |
Check the latest IPO analysis and the estimated grey market rates with listing gain as given below:
Important Points to Consider about IPO GMP:
- The grey market transactions are unofficial and that is an involvement of IPO investors and 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 the 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.
FAQ
1. What is IPO GMP?
IPO GMP, or Grey Market Premium, refers to the premium at which shares of an upcoming IPO are traded in the grey market before they are officially listed on the stock exchange. It provides an estimate of the demand and expected listing price of the IPO shares.
2. How is IPO GMP calculated?
IPO GMP is the difference between the grey market trading price and the IPO issue price. If an IPO is offered at ₹100 and the shares are trading in the grey market for ₹120, the GMP would be ₹20.
3. Is IPO GMP a reliable indicator for listing gains?
While IPO GMP can give an idea of investor sentiment, it is not always a guaranteed indicator of listing gains. Market conditions, demand, and company fundamentals play a significant role in the final listing price.
4. Where can I check IPO GMP for upcoming IPOs?
You can check the latest IPO GMP on various financial websites, forums, or stock market blogs that track the grey market activity for upcoming IPOs.
5. Does IPO GMP affect retail investors’ decisions?
Many retail investors consider IPO GMP as one of the factors when deciding to apply for an IPO. A high GMP often signals high demand, but it is crucial to also evaluate the company’s financials and growth potential.
6. Why does IPO GMP fluctuate?
IPO GMP can fluctuate due to various factors such as changes in market sentiment, news about the company, or general stock market volatility. It’s important to monitor GMP regularly if you are considering it for investment decisions.
7. How can I buy or sell shares in the grey market?
Grey market trading is unofficial and not regulated by SEBI (Securities and Exchange Board of India). Transactions in the grey market are done through dealers or brokers who operate in this unregulated space.
8. What are the risks of relying on IPO GMP?
Since IPO GMP is part of the unofficial market, it may not always be accurate or reliable. There are risks of mispricing and the potential for market manipulation. Investors should conduct proper due diligence.
9. Does every upcoming IPO have an associated GMP?
Not every upcoming IPO has a Grey Market Premium. Some IPOs may not generate significant interest in the grey market, which leads to either no premium or very low trading activity.
10. Can IPO GMP predict the future stock performance?
IPO GMP is primarily an indicator of short-term demand and listing performance. It does not predict the long-term stock performance of a company. For long-term investment, investors should look at the company’s fundamentals.