Latest IPO GMP – Grey Market Premium | IPO GMP, Kostak Rates & Sauda Prices in 2021

The IPO GMP aka IPO Grey Market Premium is a term people use in the IPO market. It means the stock of the company that came up with the IPO bought and sold outside the stock market. The IPO GMP ( Grey Market Premium ) starts unofficially in the unregulated market after the IPO date and price band announcements. IPO Investors always look at the premium of an IPO before investing it but it might vary as per the market conditions, demand, and subscription numbers.
 
An IPO grey market is one where a company’s shares are bid and offered by traders unofficially. This takes place before the shares are even issued by the company in an Initial Public Offering (IPO). Since this is an unofficial market, there are no rules and regulations. Market regulators like the Securities and Exchange Board of India (SEBI) are not involved in these transactions. The regulator doesn’t endorse this either.
 

IPO GMP – Grey Market Premium Live Data

CMS Info Systems IPO GMP, is started now. As per the current GMP ( Grey Market Premium) and Sauda Price, it looks like IPO will list at a higher price than the issue price. Check out current IPO GMP Live with daily updates.
 
 

IPO GMP – Grey Market Premium Today ( Live Data)

Check the latest IPO analysis and the estimated grey market rates with listing gain as given below:

 

IPO Name IPO GMP IPO Price Listing Gain
Shriram Properties ₹10 ₹118 5%
MaymyIndia ₹800 ₹1033 75%
Metro Brands ₹35 ₹500 7%
Medplus ₹220 ₹796 25%
Data Patterns ₹320 ₹585 55%
HP Adhesives ₹- ₹274
Supriya Lifescience ₹280 ₹274 100%
CMS Info Systems ₹- ₹216
Adani Wilmar ₹140 ₹-
ESDS Software ₹- ₹-
GoAir ₹- ₹-
Skanray Technologies ₹- ₹-
Mobikwik ₹- ₹-
Ruchi Soya ₹-

(Note: Market is Volatile – Apply IPOs with Caution, High GMP IPOs are good to go!)

 

IPO Kostak & Subject to Sauda Rates

IPO Name Kostak Subject
RateGain ₹- ₹-
Shriram Properties ₹- ₹-
MaymyIndia ₹950 ₹11000
Metro Brands ₹- ₹-
Medplus ₹500 ₹3000
Data Patterns ₹200 ₹5000
HP Adhesives ₹- ₹-
Supriya Lifescience ₹- ₹6000
CMS Info Systems ₹- ₹-
Adani Wilmar ₹- ₹-
ESDS Software ₹- ₹-
GoAir ₹- ₹-
Skanray Technologies ₹- ₹-
Mobikwik ₹- ₹-
Ruchi Soya ₹- ₹-

 

IPO GMP - Grey Market Premium
 

Note for the Investors:

  1. You can see Grey Market Premium of IPO’s in the above table. We update GMP daily 4 -5 times on the basis of demand and supply criteria.
  2. We just try to show the demand of IPO in Grey market we do not accept buying or selling of shares or form in Grey Market.
  3. Don’t take buying and selling decisions by seeing GMP as it is highly volatile and changes every minute.
  4. We are not advising any investor to buy or sell shares. Consult your financial advisor before taking any action. Here’s a quick read about what actually financial advisors do.

Past IPO Grey Market Premium:

IPO Name Price GMP Listed
Nykaa ₹1125 ₹750 ₹2018
Aditya Birla AMC ₹712 ₹25 ₹715
Paras Defence ₹175 ₹220 ₹469
Sansera Engineering ₹744 ₹65 ₹811
Vijaya Diagnostic ₹531 ₹0 ₹540
Ami Organics ₹610 ₹150 ₹910
Aptus Value Housing ₹353 ₹0 ₹333
Chemplast Sanmar ₹541 ₹0 ₹550
Nuvoco Vistas ₹570 ₹0 ₹485
CarTrade ₹1618 ₹150 ₹1505
Windlas Biotech ₹460 ₹85 ₹437
Devyani International ₹90 ₹55 ₹141
Exxaro Tiles ₹120 ₹15 ₹126
Krsnaa Diagnostics ₹954 ₹320 ₹1005
Rolex Rings ₹900 ₹450 ₹1250
Glenmark Life Sciences ₹720 ₹90 ₹750
Tatva Chintan Pharma ₹1083 ₹1100 ₹2111
Zomato ₹76 ₹25 ₹126
GR Infraprojects ₹837 ₹560 ₹1716
Clean Science ₹900 ₹620 ₹1784
India Pesticides ₹296 ₹65 ₹350
Dodla Dairy ₹428 ₹95 ₹550
KIMS Hospital ₹825 ₹110 ₹1009
Shyam Metalics ₹306 ₹135 ₹380
Sona BLW Precision ₹291 ₹5 ₹301
Lodha Developers ₹486 ₹0 ₹436
Barbeque Nation ₹500 ₹0 ₹482
Suryoday Small Bank ₹305 ₹0 ₹293
Kalyan Jewellers ₹87 ₹0 ₹74
Anupam Rasayan ₹555 ₹70 ₹520
Laxmi Organic ₹130 ₹45 ₹155
Craftsman Automation ₹1490 ₹32 ₹1359
Nazara Technologies ₹1101 ₹700 ₹1990
Easy Trip Planners ₹187 ₹140 ₹212
MTAR Technologies ₹575 ₹500 ₹1050
Heranba Industries ₹627 ₹270 ₹900
Nureca Limited ₹400 ₹80 ₹615
Brookfield India REIT ₹275 ₹0 ₹281
Stove Kraft ₹385 ₹65 ₹298
Home First Finance ₹518 ₹150 ₹618
Indigo Paints ₹1490 ₹900 ₹2607
RailTel ₹94 ₹15 ₹109
IRFC ₹26 ₹0.50 ₹25
Antony Waste ₹315 ₹105 ₹436
 

Grey Market Premium

Grey market premium is nothing but the price at which the shares are being traded in the grey market.
 
For instance, let’s assume the issue price for stock X is Rs 400.
 
If the grey market premium is Rs 600, it means that people are ready to buy the shares of company X for Rs 1000; (i.e. 400+600).
 
This is how a typical deal works out in the grey market.
 
Let’s understand this with another example. Karan is a trader in the stock market. He is allocated 200 shares at a certain issue price in an upcoming IPO.
 
Meanwhile, there are other investors, called ‘buyers’, who think that the value of the share is much higher than its issue price.
 
These buyers are ready to pay a ‘premium’ on the shares in the grey market. Dealers in the grey market contact investors like Karan, called ‘sellers’. They decide to make a deal to sell the shares at a certain price (premium) that is higher than the issue price.
 
If Karan likes the deal and he is unwilling to take a risk with the stock’s listing, he sells his shares and books the profit.
 
 

IPO Grey Market FAQs:


What is Grey Market Premium?

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 on. The grey market is unofficial but investors looking at the grey market price of an IPO to get the fixed gain of the stock. The grey market works before the IPO listing and during the days from 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 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 around ₹120 on its listing day. But the fact is, there is no reliability. In most cases, IPO GMP works but in some cases its not. We have observed that if the IPO is in demand and the estimated HNI and QIB subscription is on a higher side, the IPO list around the given price with estimated IPO GMP.

What is Kostak Rate?

The Kostak rate is the amount that one investor pays to the seller of 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 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 will get 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 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.

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