Latest IPO GMP, Grey Market Premium Today

The Grey Market Premium (GMP) is the difference between the actual price and the expected price of an IPO (initial public offering). When investing in IPOs, individuals must be aware of the grey market premium as it provides insight into the market demand for shares. This is also known as an IPO premium as well. Understanding the IPO GMP rate is significant for traders and investors as it anticipates the profit or losses of shares. Additionally, investors tend to favor IPOs with a higher GMP, as they see it as a sign of strong demand and a greater chance of a successful listing. Observing live IPO GMP allows investors to analyze actual demand for those shares, which helps in risk management. If the IPO GMP price is top-notch, it’s likely to open around IPO GMP rates.

Identifying the Gray Market Premium for the latest IPOs

IPO NameOpen/Close DateTypeIPO GMPIPO PriceGainSubject to SaudaKostak Rates
Swiggy IPO6-8 Nov, 2024Mainline₹12₹390 3% ₹-₹700
Sagility India5-7 Nov, 2024Mainline₹–₹30 -%₹–₹–
Afcons Infrastructure25-29 Oct, 2024Mainline₹- ₹463-% ₹- ₹-
Usha Financial Services24-28 Oct, 2024SME₹10 ₹1686% ₹5,000
₹-
Godavari Biorefineries22-25 Oct, 2024Mainline₹- ₹352-%₹-₹-
United Heat Transfer22-24 Oct, 2024SME₹15₹59 25% ₹- ₹-
OBSC Perfection22-24 Oct, 2024SME₹- ₹1000%₹- ₹-
Danish Power22-24 Oct, 2024SME₹250₹38066% ₹50,000 ₹-
Waaree Energy21-23 Oct, 2024Mainline₹1,275₹1,503 85% ₹11,000₹–
Deepak Builders21-23 Oct, 2024Mainline₹30₹20315% ₹2,500 ₹-
Premium Plast21-23 Oct, 2024SME₹10₹49 20% ₹30,000₹-
Freshara Agro Exports17-21 Oct, 2024SME₹80₹116 69% ₹70,000₹-
Lakshya Powertech16-18 Oct, 2024SME₹160 ₹180 89% ₹90,000 ₹-
Hyundai Motor15-17 Oct, 2024Mainline₹45₹19603% ₹– ₹–
Pranik Logistics10-14 Oct, 2024SME₹15 ₹7719% ₹15,000 ₹-
Shiv Texchem8-10 Oct, 2024SME₹70 ₹166 42% ₹45,000 ₹-
NTPC Green EnergyComing SoonMainline₹35₹--%₹6,500₹1,000
ACME Solar HoldingsComin SoonMainline₹–₹–-%₹-₹-

An articulation of IPO (Initial Public Offering)

IPO is the initial public offering, wherein a company converts from private to public and its intensity is to expand capital through public shares. Fresh issues and OFS(offer for share) are a combination of IPO. 

Expected listing gains refer to the profits that investors anticipate making when a company’s stock begins trading. For instance, if the IPO price is 100 rupees and investors expect it to start at around 150 rupees, the 50 rupees difference is referred to as the expected listing gain.

What is Kostak’s rate? does it have importance?

The Kostak rate is agreed upon between the buyer and seller. It’s based on factors like the company’s reputation, demand for the IPO, and the overall market conditions. 

The kostak rate is an agreement between the buyers and seller, wherein the company’s reputation is a major factor in high-demand IPO market conditions.

The “Kostak rate” is a fixed interest rate for a buyer’s application for an IPO, regardless of whether they are allotted shares in the IPO or not. For example, if Michel applies for an IPO but does not get any shares, she will receive a fixed rate of 300 in addition to her initial investment. Furthermore, individuals have a higher chance of receiving a fixed rate when they apply for an IPO. A high Kostak rate indicates that there is significant interest in the IPO, reflecting positive sentiments about the company.

What is subject to sauda?

In a subject-to-sauda deal, the buyer agrees to pay a set price for an IPO application, but only if the seller gets shares from the IPO. Moreover, the subject-to-sauda rate is higher than the Kotak rate.