IPO Grey Market Premium, Latest IPO GMP & Kostak Rates

Shyam Metalics IPO GMP started around 130-150 level. Sona Comstar IPO GMP is on a lower side and going down with seller. Dodla Dairy GMP is stable around 90 while KIMS is going down. India Pesticide IPO to hit the market on 23 June 2021. Glenmark Life Sciences and Clean Science Technology to hit the market in July 2021. There are few more IPOs in line up and coming soon. Subscribe to the IPOs if the IPO GMP is good or the subscription goes high.

We can expect IPOs in the near term (Till March 2022) are PayTM, Zomato, Aadhar Housing Finance, Arohan Financial Services, Utkarsh Small Finance Bank, Paras Defence and Space Technologies, Rolex Rings, EXXARO Tiles, Jana Small Finance Bank, Clean Science and Technologies, Seven Islands Shipping, Sigachi Industries, Jaikumar Constructions, NCDEX, Esaf Small Finance Bank, Apeejay Surrendra Park Hotels, Mukesh Trends Lifestyle, Puranik Builders, Montecarlo, Shri Bajrang Power and Ispat, Seaborne Logistics, GoAir, LIC of India, Nykaa, Bajaj Energy, Shyam Steel, Annai Infra Developers, Samhi Hotels and Studds Accessories. Checkout current IPO GMP Live with daily updates.

IPO Grey Market Premium

Live Grey Market Premium Today

IPO Name
GMP Today
Kostak Subject
Shyam Metalics
14-16 June
₹135₹0₹0
Sona BLW Precision
14-16 June
₹5₹0₹0
Dodla Dairy
16-18 June
₹85₹0₹0
KIMS IPO
16-18 June
₹40₹0₹0
India Pesticides
23-25 June
₹90₹400₹4500
Glenmark Life Sciences
July 2021
₹0₹0₹0
Clean Science
July 2021
₹0₹0₹0
Zomato
2021
₹0₹0₹0
PayTM
2021
₹0₹0₹0
GoAir
August 2021
₹0₹0₹0
Narmada Bio-chem
-
-- -
Ami Organics
-
-- -


Get daily updates of Glenmark Life Sciences, Indian Pesticides, KIMS, Dodla Dairy, Sona Comstar, Shyam Metalics IPO Grey Market Premium. Check the live IPO GMP today.

Note for the Investors:

  1. IPO Grey Market Premium (IPO GMP) mention is valid for the specific date as mentioned in the header.
  2. We are not buying and selling IPO forms on IPO Grey Market.
  3. 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.
  4. Do not subscribe for IPO by just seeing premium Price as it may change anytime before listing. Subscribe only considering Fundamental of the companies

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 estimated price. Lets 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 the most of 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 Rates?

The Kostak rates is the amount that one investors 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 get 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 application still his profit will be ₹5000. Now if he sells the stock and gets the profit around ₹10000 then he or she needs to give the remaining profit of ₹5000 to the investor who bought the application. This is the secured 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 get 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 performance, its demand in the grey market and the probability of the subscription. Lets 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 be vary from the grey market price.

Are Grey Market Stocks Safe?

Its depend of the broker or the trading person and We suggest it as not safe. If you are trading in the grey market it will be on your own risk. There might be fluctuations on a higher side so one need to do it with precautions. As we suggest just refer 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 person or business associated with grey market. There are brokers who buy and sell IPO applications on Kostak Rates or Subject to Sauda Rates based on the IPO GMP. One should find local brokers who stays 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.