The IPO Grey Market Premium is decided on based on market sentiments, it is also calculated based on fundamentals and demand of the company which is going to list on the stock exchange, basically grey market premium is decided on unregulated market, where HNI investor predicts the IPO listing price and offers a premium price to seller to by that IPO. The premium amount will not be the same as listing premium price, it will vary based on lot of factors like market condition, number of subscribers etc.
Most of the investors applies for an IPO based on GMP in the market, so far majority of success rate were positive when GMP was higher, Hence GMP can one of the likely factor to decide whether to apply in IPO or not, But yes you need to do your own market research on the companies, their background, private investor details, previous profits, upcoming roadmaps etc, based on that you need to decide whether to invest on IPO or not.
So let’s understand the latest live IPO GMP for stock listing.
Update: Veranda Learning current IPO GMP is Rs.15
- 1 Latest estimated IPO Grey Market Rates
- 2 Frequently Asked Questions
Latest estimated IPO Grey Market Rates
Here are the list of the Grey market premium rates on latest company IPO’s
|IPO Name||Live GMP||Kostak||Rate|
|Vedant Fashions Limited IPO GMP||Rs.40||Rs.400||Rs.800|
|Adani Wilmar Limited IPO||Rs.33||Rs.500||Rs.1500|
|AGS Transact Technologies IPO||Rs.5||–||–|
|Shriram Properties IPO||Rs.10||–||Rs.118|
|MapmyIndia IPO||Rs.1050||Rs. 950||Rs.1100|
|Metro Brands IPO||Rs.25||–||Yet to be Updated|
|Medplus IPO||Rs. 300||–||Rs. 796|
How to Calculate Estimated Listing Price based on IPO GMP?
As we have explained above the listing gains can be calculated or predicted based on the GMP value, So here is how it is calculated, let’s say Company X issue price is Rs. 1000, now imagine the GMP value states that its Rs. 600. Now in this case total IPO listing gain price would be Rs.1600, so its a profit of around 60%.
In this way the investors can decide to invest in IPO. So far we have seen whichever IPO was listed where GMP value for positive, resulted in huge listing gain
For example Tega Industries IPO listing resulted in 68% profit on issue price, and this was nearly same as grey market premium that is Rs. 734.
List of Past IPO GMP’s and Listing gain results
Here are the IPO’s which recently got listed on stock exchanges, the table below shows the value of GMP and Issue Price and Listing Price, which gives an idea to show how strong the GMP value holds.
|IPO Name||Issue Price||GMP||Listing Price|
|CMS Info Systems||₹216||₹5||₹220|
|Aditya Birla AMC||₹712||₹25||₹715|
|Glenmark Life Sciences||₹720||₹90||₹750|
|Aptus Value Housing||₹353||₹0||₹333|
|Tatva Chintan Pharma||₹1083||₹1100||₹2111|
|Suryoday Small Bank||₹305||₹0||₹293|
We hope now you have got clear idea of grey market premium price, we will be updating this page everyday based on new IPO allotments, and also GMP price also will be updated everyday, so bookmark this page and get upto date info on Grey Market premium of the IPOs.
Also check other Upcoming IPO
Frequently Asked Questions
What is IPO Grey Market?
Grey market is the term used when the IPO trading happens outside the actual stock market without any legal documents before the shares are listed in the market
What is Grey Market Premium Price (GMP)?
GMP price is the Premium price of the shares for IPO which is going to be listed in the market. This premium price is decided on the demand of the IPO outside the market, Here buyer fixes the GMP price for every share of an IPO.
Can I rely on GMP Price and apply for IPO?
Yes you can rely, but make sure that you also look into the company fundamentals, past growth of the company as well, based on which you can decide whether to apply for an IPO or not, most of the investors use GMP price as main key to predict the listing price.
What is the difference between GMP and Kostak Rates?
GMP Price is fixed for every shares in 1 lot, whereas Kostak rate is fixed for whole 1 lot IPO Application.