IPO Grey Market Premium and Discussion

IPO Grey Market Premium and Discussion

Stay updated with the latest details of IPO Grey Market Premium (GMP). Although IPO grey market (also called gray 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 premium rates.
IPO CompanyIPO DatePrice BandGMPKostak
HG Infra26 - 28 JanINR263 - 270INR50INR200 (19 Feb)
Aster DM Healthcare12 - 15 JanINR180 - 190-INR10 (19 Feb)
Angel Fibers20 - 23 FebINR27- INR7,000* (19 Feb)
Tasty Dairy Specialities7 - 12 FebINR45- INR18,000* (19 Feb)

* represents kostak for firm allotment

A gray market transaction involves 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 gray market IPO rates. Please refer to our research and analysis section.
  • IPO grey market premium 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.
Participate in lively IPO discussion and benefit from the perspective of other readers. Here is a list of the current, forthcoming and recently closed public offers in India. Click on the respective IPO and scroll down to the comments section.

IPO Calendar

IPO CompanyIPO DatePrice Band per share
HG Infra Engineering26 - 28 FebINR263 - 270
Aster DM Healthcare12 - 15 FebINR180 - 190
Hindcon Chemicals26 - 28 FebINR28
CKP Leisure21 - 23 FebINR30
Angel Fibers20 - 23 FebINR27
Arvee Laboratories9 - 14 FebINR61
Bhatia Communications8 - 12 FebINR150
Tasty Dairy Specialities7 - 12 FebINR45
South West Pinnacle Exploration6 - 8 FebINR76 - 78
Banka Bioloo5 - 16 FebINR115

If you spot a new IPO and wish to nudge us about it, drop in a comment. Alternatively, you can write to us at [email protected].

20 COMMENTS

  1. Good listing for Amber but nowhere close to the fake GMP many websites were claiming. IPOcentral was the closet to the actual listing price.

  2. 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.

  3. 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?

  4. 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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