IPO Discussion

IPO Discussion

Participate in lively IPO discussions and benefit from the perspective of other readers. Stay updated with the latest details of IPO Grey Market Premium (GMP). Although IPO grey market is an informal setup and not recognized by stock exchanges, GMP of several IPOs has correctly predicted eventual listing prices.
Here are the latest IPO grey market rates.
IPO CompanyIPO DatePrice BandGMPKostak
Sharika Enterprises15 - 17 NovINR43-INR20,000* (23 Nov)
Silver Touch Technologies20 - 23 NovINR121-INR20,000* (23 Nov)
Zodiac Energy23 - 27 NovINR52-INR10,000* (23 Nov)
* represents kostak for firm allotment
IPO grey market is the unofficial agreement between an IPO investor and a stock broker which allows investors to lock profits before the stock lists. Under this system, shares allotted to IPO applications are sold by brokers without transferring the shares to their accounts. Since this is an unwritten accord between two parties, it entirely depends on the trust between the investor and broker.

Important points about IPO grey market: 

  • IPO grey market movements may change very quickly and rates may be volatile. It is risky to base an investment decision on grey market rates. Please refer to our research and analysis section.
  • IPO grey market rates are provided as sourced from market intelligence. Please note these rates may be different depending on geographies and markets.
  • We don’t trade into grey market nor do we facilitate buying or selling of IPO forms. 
  • Grey market premium is the rate of premium an IPO commands per share in grey market.
  • Kostak rate is the amount an investor gets by selling his/her IPO application in grey market. This is the amount an investor stands to gain, irrespective of allotment status.
IPO Central is simply the best IPO research, recommendation and discussion platform for retail and HNI investors. Investors can also make use of our service for gaining an insight into brokerage house reports and analysts’ minds. Get detailed examination, grey market premium, and study of all upcoming IPOs in India.

17 COMMENTS

  1. Tum log duniya ke pichhe rah jaoge.kyuki ipo ka gmp apne date to date update nai kar rahe ho.apse investor ka vishvas tutega.

  2. when kostak application is sold to broker ,how settlement takes place in case of allotment.Does it off market or applicant sells the allotted share in exchange and then settled? If that be the case who bear the tax burden?

  3. when kostak application is sold to broker how it is settled? Is it off market or applicant sells on exchange and then settlement takes place.

    • “Kostak rate is the amount an investor gets by selling his/her IPO application in grey market. This is the amount an investor stands to gain, irrespective of allotment status.”

      It is mentioned in the article! Please see below the table. In short, you will need a broker who will buy your application and sell it to a wealthy HNI.

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