[mp-timetable … ]

IPO NameIPO CategoryOpening DateClosing DatePrice BandIPO GMPSubject toListing GainSubscription (times)Rating out of 5
Mafia TrendsSMESep 22, 2022Sep 28, 2022₹283
Insolation Energy Limited IPOSMESep 26, 2022Sep 29, 2022₹36 to ₹38
Maagh Advertising And Marketing Services Ltd IPOSMESep 26, 2022Sep 29, 2022₹60
Steelman Telecom Limited IPOSMESep 26, 2022Sep 29, 2022₹96
Trident Lifeline IPOSMESep 26, 2022Sep 29, 2022₹101
Cyber Media Research & Services Ltd IPOSMESep 27, 2022Sep 29, 2022₹171 to ₹180
Reetech International Cargo and Courier Ltd IPOSMESep 27, 2022Sep 29, 2022₹105
Cargotrans Maritime Limited IPOSMESep 27, 2022Sep 29, 2022₹45 
Concord Control Systems IPOSMESep 27, 2022Sep 29, 2022₹53 to ₹55
QMS Medical Allied Services Ltd IPOSMESep 27, 2022Sep 30, 2022₹45
Indong Tea Company Limited IPOSMESep 27, 2022Sep 30, 2022₹26
Lloyds Luxuries Limited IPOSMESep 28, 2022Sep 30, 2022₹40
Silicon Rental Solutions Limited IPOSMESep 28, 2022Sep 30, 2022₹78
Cargosol Logistics Limited IPOSMESep 28, 2022Sep 30, 2022₹28 
Swastik Pipe Limited IPOSMESep 29, 2022Oct 3, 2022₹97 to ₹100

Recent IPO Comparison

IPO NamePrice BandIPO GMPClosing DateSubscription (times)Allotment DateAllotment StatusListing DateListing PriceListing Gain
Containe Technologies Ltd IPO₹15₹3Sep 22, 2022121.31Sep 27, 2022Sep 30, 2022
Kandarp Digi Smart BPO Ltd IPO₹30₹4Sep 20, 20221.84Sep 23, 2022Click HereSep 28, 2022
Maks Energy Solutions India Ltd IPO₹20Sep 20, 202226.31Sep 23, 2022Click HereSep 28, 2022
Varanium Cloud₹122₹25Sep 20, 20225.46Sep 23, 2022Click HereSep 28, 2022
Annapurna Swadisht ₹70₹70Sep 19, 2022133.4Sep 22, 2022Click HereSep 27, 2022
Harsha Engineers₹314 to ₹330₹240Sep 16, 202274.70Sep 21, 2022Click HereSep 26, 2022
Tapi Fruit Processing IPO₹48₹2Sep 14, 20222.62Sep 19, 2022Sep 22, 2022₹52.10
Ishan International Limited IPO₹80Sep 14, 20221.62Sep 19, 2022Sep 22, 2022₹82
Sabar Flex India Limited IPO₹11Sep 13, 202285.47Sep 16, 2022Sep 21, 2022₹21
Shantidoot Infra Services Limited IPO₹81Sep 09, 20222.85Sep 14, 2022Sep 19, 2022₹105
Mega Flex Plastics Limited IPO₹40₹9Sep 09, 202246.31Sep 14, 2022Sep 19, 2022₹54
Viviana Power Tech Limited IPO₹55₹2Sep 08, 202285.21Sep 13, 2022
Sep 16, 2022
₹90
Tamilnad Mercantile Bank Limited IPO₹500 to ₹525₹5Sep 07, 20222.86Sep 12, 2022Sep 15, 2022₹495
Virtuoso Optoelectronics Limited IPO₹56₹20Sep 07, 202296.91Sep 12, 2022Sep 15, 2022₹117
EP Biocomposites Limited₹126Sep 05, 202218.51Sep 8, 2022Sep 13, 2022₹160
JFL Life Sciences Limited₹61₹5Aug 30, 20228.93Sep 5, 2022Sep 8, 2022₹70
Dipna Pharmachem Limited₹38₹1Aug 30, 20222.77Sep 5, 2022Sep 8, 2022₹32
Ameya Precision Engineers Ltd₹34₹8Aug 30, 2022251.35Sep 5, 2022Sep 8, 2022₹68.40
Jay Jalaram Technologies Ltd (Kore Mobile)₹36Aug 30, 202214.97Sep 5, 2022Sep 8, 2022₹50
Dreamfolks Services₹308 to ₹326₹100Aug 26, 202256.68Sep 1, 2022Sep 6, 2022₹508.70
Rhetan TMT ₹70-₹3August 25, 20221.47Aug 30, 2022Sep 5, 2022₹70
Naturo Indiabull ₹30₹5August 24, 202220.26Aug 29, 2022Sep 2, 2022₹25
Olatech Solutions₹27₹8August 19, 2022598.82Aug 24, 2022Aug 29, 2022₹51.30
Syrma SGS Technology ₹209 to ₹220₹50August 18, 202232.61Aug 23, 2022
Aug 26, 2022
₹260

What is Grey Market Premium (GMP) of IPO?

The grey market premium dictates an IPO-bound companies stock price depending on the subscriber data and investors mood. As a trader, the profits that can be made on the grey market arena are from selling shares at profitable rates prior to listing IPO shares in a stock market or stock exchange. If a seller does not want to take on the risks of IPO listings, he or she can sell his IPO shares to Gray Market dealers for a fixed price. 

An investor may receive delivery of shares by purchasing shares in an IPO company on listing day. In simple terms, shares in IPO companies are bought and sold off-market. In this market, shares are bought or sold before they are listed on an IPO.   

Known as a parallel market, the financial securities are traded and investors exchange shares or an IPO filing before it is listed on a secondary market. The gray market is the informal market in which individuals trade in shares or IPO applications prior to shares being formally listed to trade on a stock exchange.

If a company presents its shares to traders prior to shares being issued through initial public offering, or IPO, then they are considered gray market shares. This is because Grey Markets may provide a great opportunity to retail investors and traders to buy shares prior to listing, if they believe that a stock will appreciate in value. 

Although it is a non-authorised market, traders swear by it as they are able to purchase shares that are not listed on the exchange, and the potential exists that the stock will rise in price in the future. Buyers bid a premium above IPO prices to obtain shares prior to listing.

If a company’s IPO price is fixed at Rs 100, and its grey market premium to the IPO is running at Rs 75, then the company would get listed at Rs 175, thus an investor gets a maximum profit of 75% on listing day, and if the investor if he sells his shares on the listing day, he gets the profit, if he holds them for long term, it turns out beneficial in the long term.

Primary Market is where the new shares & securities are sold to investors via Initial Public Offering/Offer to Sell, & after the completion of the IPO/OFS, shares are then traded in Stock Exchanges like BSE and NSE. 

What is Initial Public Offering (IPO)?

An initial public offering (IPO) or equity float is a type of public offering where shares in a company are sold to institutional investors as well as typically to retail (individual) investors. When a private company sells shares of its stock publicly for the first time, the process is known as an initial public offering (IPO).

An IPO can be a company’s first opportunity for the public to purchase shares, but it is important to realize that one purpose of an initial public offering is for the first investors of a company to cashed out on their investments. When the company goes through an IPO, the general public gets to purchase shares and own some part of the company for the first time. An IPO is basically a funding method used by larger companies, where a company sells their shares to the public for the first time.

Once an initial public offering is priced, an underwriting bank distributes shares to investors, and shares begin trading on a market for the general public to buy and sell. In other words, IPOs are securities sold to the public on a primary market. Once an offering is offered to the public, a lead underwriter is allowed under law to back up the prices of newly issued securities either by buying shares on the market or by selling short (selling shares that they did not purchase). 

The investment banker has to sell at least a minimum amount of shares, or else the IPO is cancelled, with the company (issuer) paying no fees. Since investment bankers are committed to buying all shares, they want to make sure investors fully back IPOs. Ideally, investment bankers–the people who offer the services to underwrite companies who choose to go public–want to put the shares of an IPO in the hands of investors with longer time horizons and are willing to hold onto shares instead of selling shares on the open market, which increases the stocks price volatility. 

Once the company and its advisers set the initial price of an IPO, underwriters distribute shares to investors, and shares of the company start trading on a publicly traded exchange, such as the New York Stock Exchange (NYSE) or the Nasdaq. When the company lists its securities on a public exchange, money paid by the investing public for newly issued shares goes directly to the company (the primary offering) and also to any initial private investors who choose to sell all or a part of their shares (the secondary offering) as part of a larger IPO. The purpose of the initial public offering is, in the first instance, to raise some capital for a company to operate its business, so selling one million shares to institutional investors is far more effective than finding 1,000 individuals to buy that same amount. 

What is Kostak Rate?

Kostak Rate is how much money investors make when they sell their IPO applications on grey markets. To put in a different perspective, Kostak rate is the premium the vendor gets for selling their IPO application to somebody else, even before allotment or listing of an issue. For instance, Kostak rate of 300 Indian Rupees indicates an investor who sells their application would receive that amount even if no allotment occurs, and even if the shares are listed at a discount from allotment prices. 

Kostak Rate is the amount paid by the investor buying the IPO before it is actually launched, aka the listing. The price paid to an IPO candidate prior to listing of IPO shares in stock markets is known as the Kostak rate. 

Kostak The grey market for IPOs is known as a kostak (or price per application). KOSTAK is also known as Price of Application is a premium amount (Rupees) that an IPO application is traded on in the grey market. 

Generally, KOSTAK is defined as the premium over a maximum batch of retail applications to the IPO. The premium of a max lot retail application in an IPO is usually described as Kostak Value. The sum that an investor pays a willing buyer or seller, prior to the IPOs listing, for a full IPO application in order to lock in a profit is called the Kostak ratio. 

For instance, if four applications are completed for one IPO, and you sell those applications at a fixed amount of Rs500 each, the investor has fixed the profit to Rs2 lakh. If an individual is given one IPO allocation, and sold an approx., 10,000 applications, he also has to pay the buyers Rs.5,000, thereby earning about Rs.15000 in the days when it is listed. If one is given an allotment and sells an application in the IPO for around Rs100000 and makes a profit on the listing day of about Rs150000, one will have to pay Rs50000 to the person buying the application. 

If a companys IPO price is fixed at Rs 100, and its grey market premium on the IPO is running at Rs 75, then the company would get listed at Rs 175, thus an investor gets a maximum profit of 75% on listing day, and if an investor if sells their shares on the day of listing, they get profit, and if they hold them for an extended period, it turns out to be profitable in the long term. Yes, a seller has to pay a short-term capital gains tax on the profit that they gain from selling shares on stock market. The subject to the Sawada has further contended that unless a purchaser is granted an IPO listing, then he or she is not obliged to pay Kostak rate for IPO applications he or she has purchased from the seller. 

What is Subject to Sauda?

Subject to saunda (or the prices for applications subject to saunda) is the rupee value of IPO applications that are traded on IPO grey markets, subject to allotment of lots by sellers. If someone buys or sells an IPO application on subject to sauda, that means they may get a government amount should allotment go through; if not, then the Sauda is cancelled. By buying or selling the IPO application on sauda, one can receive the stated amount if the firms IPO allotment is successful ; otherwise, sauda will be cancelled. If an IPO has a good grey-market premium, but the investor is unsure of the tomorrows market conditions, he/she may choose to sell his/her IPO application subject to Saudi prices, and ensure profit.

If you own shares in a future IPO, then you can also sell it to investors who are looking to invest in this IPO. In simpler terms, if an investor wants to buy shares in a company which is going to launch its IPO soon A company which is going to launch its IPO soon, they can purchase it on an IPO gray market, paying premium prices. GMP is the grey market premium (or gray market price) is a premium amount of Rs. Shares in IPOs are traded on grey markets at before being listed on exchanges. The IPO grey market does not have a regulator body, so anyone who is interested in selling shares is free to select his/her buyer/sellers individually and sell shares as per his/her prices. 

If an applicator holding an applicative decided to sell those shares on IPO grey market and earned profit of Rs4k, he would have to also hand over Rs2k to applicator buyers. Here, a benefit to the buyer is that he has to give this amount to the seller only once the seller has received allotment. Even when IPO shares are not allocated, he gets to retain some Kostak Rate. In case, an investor gets an allocation, and a form is sold as well, the profit of IPO, less a Kostak price, has to be paid to the buyer of Kostak applications. 

The IPO Kostak Price, which is also known as the application price, is the amount of money that the investor gets from selling his/her IPO application, whether or not they get allotment. The seller, in this case, gets hit even though shares are listed for less than allotment price. In other words, it is what a customer is willing to pay for an app that has been allocated shares. Unofficially, investors may sell the IPO application to the buyer for a pre-determined price (the Kostak rate) prior to listing IPO shares on a stock market.