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IPO Grey Market Premium in India (IPO GMP Page - 1)

The IPO Grey Market is an 'over-the-counter market' where dealers may execute orders for 'preferred customers' as well as provide support for a new issue before it is actually issued.

IPO Grey Market Premium in India (GMP) helps in deciding the premium of the IPO Shares on listing day. It also allows investors to sell the IPO Shares or IPO Application at certain premium before they list.

This page is a discussion forum for grey market premium of public offers in India at BSE and NSE. For more information about IPO Grey Market in India Stock Market visit IPO Grey Market FAQs.

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Attention: Pls do not use IPO Grey Market Forum to discuss secondary market. Visit Stock Market Discussion Forum >> for stock tips, questions and expert advices about specific stocks.

839. RamYa (34985) Oct 19, 2017 8:18:19 AM IST Reply
Happy Diwali... To all n Eagleyeji...
Tks for being here...
838. IshanM (48035) Oct 19, 2017 1:45:51 AM IST Reply
Anybody know about DP Abhushan''s GMP
Please reply
837. RAMESH NAYAK B (48032) Oct 18, 2017 9:55:47 PM IST Reply
What is IEX grey market price
836. gandhipcs (37186) Oct 17, 2017 5:26:11 PM IST Reply
India energy exchange premium jumps 105?!
836.3. BHAGKASH (47991) Oct 18, 2017 12:59:37 AM IST
836.4. gandhipcs (37186) Oct 18, 2017 9:19:16 PM IST
See when listing done You remember me friends! Its not rumours
835. Bears (2292) Oct 18, 2017 7:02:23 PM IST Reply
Reliance kostak 700/-
834. Eagleye (9583) Oct 18, 2017 3:09:04 PM IST Reply

Mahindra Logistics IPO – Financial Information (Basis of Valuation)

EPS for FY14-15 >>> Rs.6.58 (Page #118 of RHP)
EPS for FY15-16 >>> Rs.5.32 (Page #118 of RHP)
EPS for FY16-17 >>> Rs.6.62 (Page #118 of RHP)
EPS for Q117-18 >>> Rs.2.14 (Page #118 of RHP)

RoNW for FY14-15 >>> 13.11% (Page #118 of RHP)
RoNW for FY15-16 >>> 12.11% (Page #118 of RHP)
RoNW for FY16-17 >>> 14.84% (Page #118 of RHP)
RoNW for Q117-18 >>> 04.08% (Page #118 of RHP)

NAV as on June 30, 2017 was Rs.53.35 (Page #119 of RHP)

Peer Group (Page #119 of RHP): NONE
834.1. Eagleye (9583) Oct 18, 2017 6:24:31 PM IST
Mahindra Logistics IPO – Issue Information *(Estimated)*

Issue Opens on: 31 October 2017
Issue Closes on: 02 November 2017
Issue Type: Book Built Issue IPO
Issue Size: 1,93,32,346 Equity Shares
Face Value: Rs 10 per Equity Share
Issue Price: Rs.355 – Rs.363 per Equity Share *(ASSUMED)*
Market Lot: 41 shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 7,11,41,924 Equity Shares
Offer for Sale of 1,93,32,346 Equity Shares @upper price band = Rs.701.76 Crores
Equity Shares outstanding after the Issue = 7,11,41,924 Equity Shares

Category-wise Break up:.
Anchor – 1,83,60,000 Shares = 209.17Crs
QIB – 1,22,40,000 Shares = 139.45Crs
NII – 91,80,000 Shares = 104.58Crs
RII – 2,14,20,000 Shares = 244.03Crs (Lot size: 41 = 1,63,965 Forms)

Total Issue – 1,93,32,346 Equity Shares = 701.76Crs.

Subscription required for 1X
RII = 1,63,965 Forms
NII = 104.58 Crs

Interest cost @5%p.a. for 7days = 34.808paise for 1X
834.2. Eagleye (9583) Oct 18, 2017 6:29:02 PM IST
Mahindra Logistics IPO
Market Estimates of oversubscription:


1X QIB = 139.45Crs – assuming applications of 7KCrs. = 50X oversubscription

1X NII = 104.58Crs – assuming applications of 30KCrs. = 287X oversubscription

1X RII = 163,965 Forms – assuming 16L forms. = 9.76X oversubscription (applic-wise)
i.e. average 4.20 shares per form
833. NISHA GARG (32793) Oct 18, 2017 3:49:28 PM IST Reply
Dear Eagleye

832. Eagleye (9583) Oct 18, 2017 1:31:57 PM IST Reply
GIC (20.50) - (19.50)
RNL 69 - 70
832.2. Arvind bhonde (43675) Oct 18, 2017 3:10:00 PM IST
@Eagle eye mem,
Have you got any details that FPI/FII are allowed to buy IEX shares from secondary market,and can any impact on listing.
832.3. Bulls mkt (47878) Oct 18, 2017 3:19:43 PM IST
Gic open up ya down pls suggest eagaleye
831. Eagleye (9583) Oct 18, 2017 3:08:59 PM IST Reply
Mahindra Logistics IPO – Schedule (Pg #316 of RHP)

24th Oct – Price Band to be Announced
30th Oct – Anchor List
31st Oct – Offer Opens
02nd Nov – Offer Closes
08th Nov – Finalisation of Basis of Allotment
09th Nov – Unblocking of ASBA
09th Nov – Credit to Demat Accounts
10th Nov – Listing on NSE & BSE
830. Tejas kanakhara (45946) Oct 18, 2017 1:45:40 PM IST Reply
What is the subscription figure of Sheetal cool some ipo on second day
829. Tejas kanakhara (45946) Oct 18, 2017 1:41:46 PM IST Reply
What is the subscription figure of Sheetal cool
Sme ipo of second day
828. mahesh kumar sharma (48009) Oct 18, 2017 11:47:09 AM IST Reply
Iex gmp ?
827. arun adalja (19210) Oct 17, 2017 11:27:30 AM IST Reply
Banks are not doing proper job.i did first time with indian bank ASBA online for godrej agrovet and till this date money is kept on hold.contacted my branch asked to contact head office.why should I contact head office by spending money on phone charges?i emaied head office but no reply so far.if you cannot handle do not do it tell sebi that we are not efficient but do not hold the money.what to do?
827.3. arun adalja (19210) Oct 17, 2017 4:46:52 PM IST
I telephoned nodal officer of the bank at hydrabad but he was not knowing anything and he says he will call back when god knows.mostly south based banks are always wakes up v.ery late.wait and watch money is still on hold
827.4. arun adalja (19210) Oct 18, 2017 10:09:30 AM IST
hold is removed after talking to Hyderabad customer care time I will go for sbi my old ASBA fellows.
826. Eagleye (9583) Oct 17, 2017 6:50:58 PM IST Reply
GIC (19.50) buyer
RNL 69 buyer
MAS 225 buyer
826.1. sudarshan modi (28820) Oct 17, 2017 8:29:50 PM IST
Your views on IEC premium and listing
826.2. Amar Doshi (22114) Oct 18, 2017 10:05:56 AM IST
Thks eagleye pls update regularly it helps us
825. only ipo ipo (3094) Oct 18, 2017 9:02:04 AM IST Reply
List of Upcoming IPOs:
Mahindra Logistics Ltd., - 30th Oct
New India Assurance Co Ltd., - 1st Nov
Khadim India Ltd., - 2nd Nov

HDFC life too coming very soon
824. Uchit Patel (27310) Oct 18, 2017 7:49:28 AM IST Reply
I am not pridicting listing price but on listing if we get 700-710 then it is very good price for exit. All NBFCs are very costly now. I don''t expect rally like AU Finance in MAS because of not aggressive in expansion, not small finance bank licence, not much network etc. It may be possible it will go up after listing but eventually in long term it will available at lower price than listing price.
823. BHAGKASH (47991) Oct 18, 2017 12:58:36 AM IST Reply
823.1. BHAGKASH (47991) Oct 18, 2017 1:00:08 AM IST
822. Solution of Queries (27833) Oct 17, 2017 10:33:07 PM IST Reply
@Gurijone , No tradable GMP for IEX IPO !!
821. GURUONE (47984) Oct 17, 2017 8:28:12 PM IST Reply
What GMP price of IEX IPO ????
820. Deepak Mehta (34606) Oct 17, 2017 4:29:04 PM IST Reply
Please let me know when MAS Fin shares will be credited to Demat account. Listing is tomorrow but shares are not credited so far.
820.4. Deepak Mehta (34606) Oct 17, 2017 8:15:35 PM IST
I still didn''t get message or shares into my account for MAS Financial
820.5. GURUONE (47984) Oct 17, 2017 8:27:13 PM IST
allotment is already credited and also if it is not credited banks have returned the amount also.. plz check with ur brokerage firm
819. IPO Jackpot (31609) Oct 17, 2017 7:46:46 PM IST Reply
The public issue comprises sale of 1,91,246,050 equity shares, amounting to 9.55 percent stake, by HDFC Ltd and up to 1,08,581,768 scrips, or 5.42 percent, holding by Standard Life Mauritius, according to the draft red herring prospectus (DRHP) filed with SEBI
818. BN Singh (47845) Oct 17, 2017 7:29:05 PM IST Reply
Any news about fixation of price of GIC
817. BN Singh (47845) Oct 17, 2017 7:29:04 PM IST Reply
Any news about fixation of price of GIC
816. NAYANKUMAR (31385) Oct 17, 2017 1:28:49 PM IST Reply
IEX Premium ??
816.1. Arvind bhonde (43675) Oct 17, 2017 7:21:10 PM IST
Please If any body know correct gmp figure for
IEX. Any guidance about listing?
815. Maria (46541) Oct 17, 2017 6:53:22 PM IST Reply
BSE & NSE Muhurat Trading is on Thursday, October 19, 2017 (Diwali - Laxmi Pujan).

Pre-Open Session:

18:15 to 18:23

Muhurat Trading Session:18:30 to 19:30Block Deal:

18:30 to 19:05

Call Auction:

18:35 to 19:20

Post Closing:

19:40 to 19:50


60 Minutes
814. ITL (29843) Oct 16, 2017 8:29:10 PM IST Reply
814.1. Knowledge Share (32671) Oct 17, 2017 6:37:58 PM IST
Don''t worry
Eagle eye will stay on board till Reliance Nippon ipo closes.
So sell subject to or at kostak price.

After ipo closes he or she will disappear again.
813. gandhipcs (37186) Oct 17, 2017 6:30:56 PM IST Reply
63 moon tech had aquire large stake of India energy exchange ipo! Listing may be unexpected! Don’t sell shares in pre open sessions Thanks
812. Eagleye (9583) Oct 17, 2017 5:24:15 PM IST Reply
List of IPOs IN THE PIPELINE (Status as on 13th October 2017)

A) DRHP Filed – SEBI Approval *Awaited*:

1) Reliance General Ins. Co. >>> DRHP date 09-Oct-17
2) Amber Enterprises India >>> DRHP date 29-Sep-17
3) Seven Islands Shipping >>> DRHP date 29-Sep-17
4) Acme Solar Holdings >>> DRHP date 28-Sep-17
5) Hindustan Aeronautics >>> DRHP date 28-Sep-17
6) CMS Info Systems >>> DRHP date 27-Sep-17
7) H.G.Infra Engineering >>> DRHP date 27-Sep-17
8) Karda Constructions >>> DRHP date 27-Sep-17
9) Newgen Software Technologies >>> DRHP date 27-Sep-17
10) Prince Pipes and Fittings >>> DRHP date 26-Sep-17
11) Apollo Micro Systems >>> DRHP date 23-Sep-17
12) Lemon Tree Hotels >>> DRHP date 19-Sep-17
13) Gandhar Oil Refinery (India) >>> DRHP date 29-Aug-17
14) Future Supply Chain Solutions >>> DRHP date 23-Aug-17
15) Barbeque-Nation Hospitality >>> DRHP date 14-Aug-17
16) Aster DM Healthcare >>> DRHP date 09-Aug-17
17) National Stock Exchange of India >>> DRHP date 28-Dec-16

B) SEBI Approval *Received* (within the past 5 months):

1) HDFC Standard Life Insurance Co. >>> DRHP date 18-Aug-17
2) Mahindra Logistics >>> DRHP date 03-Aug-17
3) Astron Paper & Board Mill >>> DRHP date 20-Jun-17
4) The New India Assurance Co. >>> DRHP date 08-Aug-17
5) Khadim India >>> DRHP date 30-Jun-17
6) Shalby Hospitals >>> DRHP date 19-May-17
7) Nakshatra World >>> DRHP date 08-Mar-17

C) SEBI Approval Received (more than 5 months ago):

8) Genesis Colors >>> DRHP date 28-Sep-16
9) GR Infraprojects >>> DRHP date 29-Sep-16
10) Continental Warehousing Corp. >>> DRHP date 30-Sep-16
812.1. IPO Jackpot (31609) Oct 17, 2017 5:29:44 PM IST
Very Good presentation. But suddenly you disappear from the board when we need your advise seriously viz oversubscription, GMP and Kostak etc. Appreciate your efforts in collating the data and sharing with us.
811. gandhipcs (37186) Oct 17, 2017 5:22:22 PM IST Reply
India energy premium?
810. Sesha (29188) Oct 17, 2017 4:58:52 PM IST Reply
Any news on HDFC Standard Life Insurance IPO?
809. NISHA GARG (32793) Oct 17, 2017 4:14:27 PM IST Reply
Dear Sir/mam


808. ANKIT SANGHVI (36594) Oct 17, 2017 2:17:33 PM IST Reply
Latest GMP of all the OPEN IPO and upcoming IPO''s. Buyers feel free to reach me in Mumbai, Please update me with latest Developments.
807. vijay kumar jain (35090) Oct 17, 2017 2:03:36 PM IST Reply
Allotment of IEE received 3/3.advise hold or sold
806. vijay kumar jain (35090) Oct 17, 2017 2:03:25 PM IST Reply
Allotment of IEE received 3/3.advise hold or sold
805. Vadher meera (45633) Oct 17, 2017 12:20:13 PM IST Reply
What to do with godrej Agro?? Hold or sell kindly all give your valuable suggestions
805.1. DownriteVJ (43001) Oct 17, 2017 1:59:29 PM IST
804. ITL (29843) Oct 17, 2017 1:08:47 PM IST Reply
IEX 1 ot of 2
804.1. sanjeev bordia (33404) Oct 17, 2017 1:20:34 PM IST
Received 1/2 IEX
803. Paymzia (45453) Oct 17, 2017 1:00:47 PM IST Reply
Check out
Indian energy exchange allotment
802. Anuj Agrawal (47365) Oct 17, 2017 12:40:23 PM IST Reply
Tax audit is mandatory in case there is a loss in intra day etc...keep in mind please...
801. Eagleye (9583) Oct 15, 2017 6:15:52 PM IST Reply
Reliance Nippon Life IPO
GMP 70 – 72

General Insurance Corporation IPO
GMP (21) – (19)

Indian Energy Exchange IPO
GMP 5 – 7

MAS Financial IPO
GMP 228-231

Godrej Agrovet IPO
GMP 166-168
801.23. abhis (38146) Oct 17, 2017 1:56:36 AM IST
801.24. Mayur Khamar (47953) Oct 17, 2017 12:38:12 PM IST
What is the meaning of (21)? @ gmp of iex
800. NSE IPO (45744) Oct 17, 2017 10:53:25 AM IST Reply
Allotment out
Now debit my axis accoun
800.1. sansansuh (39371) Oct 17, 2017 11:43:36 AM IST
Which IPO ?????????????????????
Naam likhna me takleef hai kya ?
799. JD (30545) Oct 17, 2017 9:58:06 AM IST Reply
Reliance Nippon is good to go. They have a good review on Reliance Nippon Life IPO. Lets see as gmp is on good side. Source:
798. dpcdsl (28765) Oct 14, 2017 9:50:04 PM IST Reply
All the applications through Corporation Bank''s online bid in MAS, status is shown in LinkIntime as "No record found" while bidding done successfully on 1st day and status shown ''Accepted'' and application number generated.
798.5. dpcdsl (28765) Oct 15, 2017 8:45:09 PM IST
It seems that either Corporation Bank has not submitted detail or RTA has done allotment without taking full ''batch files'' of all banks just to do allotment in hurry.
Banks are given 3 days to submit success report of fund blocking for ASBA. Issue closed on 10th Oct., from 11th to 13th (only 3 days) banks may or may not did their work as 14th and 15th banks closed. We were also expecting allotment on 16th Oct.

I have sent emails to both RTA and Bank asking to explain what fault or lapse on their part, afterwards shall do complaint to SEBI and/or RBI.
798.6. IPO.OPTION (44162) Oct 17, 2017 9:52:51 AM IST
Great job.. Mr. DPCDSL.....thx for your favourable actions bcoz your actions will be do something for others who are applying through CORPORATION BANK ONLINE APPLY like me.

I have also contact to bank authorities and mail to higher authorities.

once again. thanks. and also reply if you get any result.
797. vikas parwal (17397) Oct 14, 2017 2:33:52 PM IST Reply
Karvy cheater 0/29. Biggggg wala cheater .I want to SEBI take action on karvy . Friends are u satisfied with my opinion.
797.9. Man mohan (2843) Oct 16, 2017 6:52:11 PM IST
Karvy is not the cheater. An Individual applying for 29 Application is the cheater.

Infact, now I doubt if they have any advanced software to track such applicants and void their applications.

by the way, I got 1/1 in MAS, and 1/1 in Pratap snacks too!!
797.10. John (30791) Oct 17, 2017 9:34:18 AM IST
Now you get my point Mohanji. I just wish these 15+ big traders applying 15+ should automatically be banned or let them apply and get 0 allotment all times OR SEBI should get the rule of 2 Lakh application back.

Majority of these 15+ applications applied are based of luring the unknown people with small commission and using their PAN and DEMAT. Something has to be done for them. May be thinking to start a petition by posting the screenshots of people claiming applied 15 / 20 / 50 / 80....
796. Knowledge Share (32671) Oct 7, 2017 10:52:36 AM IST Reply
Eagle eye syndicate

Wants to liquidate SBI life holding slowly slowly by HOLI and retail investor to keep holding
Then will blame to her
So take your own view
Don''t depend on anybody

My view is liquidate at cost and exit
796.1. Chartist (47944) Oct 17, 2017 9:28:08 AM IST
Mr. Knowledge Share, stop commenting on Eagleye again and again. She has proved alot many times with accurate information. You are still a new kid on the block, stop commenting becuase you are still in your nappies Idiotic Knowledge Share
795. Purushottam (35927) Oct 17, 2017 6:59:20 AM IST Reply
Don''t depend. If these parrotwalas were right they would have lived in palaces like Taras & Ambanis. They are here to run their own kitchens. Treat this as a platform for entertainment, abuses & murder of angreji language.
794. Analyser (37200) Oct 16, 2017 9:56:31 PM IST Reply
Now there is a fair competition between eagleye and knowledge share about reliance Nippon .who will win ? time will say.
794.1. Knowledge Share (32671) Oct 16, 2017 11:06:08 PM IST
No. It is not Compettion but comebackgainition (come back for gain)

So sell at Kostak price or sell subject to or sell on listing day whether profit or loss.
But avoid for long term
794.2. dpcdsl (28765) Oct 17, 2017 12:03:02 AM IST
Someone may say that "Knowledge.." is working for ''Grey Market Operators'' asking all to sell in GMP or Kostak. Why he is repeatedly pursuing all boarders. Whoever apply is able to weigh his risk appetite.

It is not only you, who can allege anybody as an agent, you may also be same kind of person.
793. MANU AGGARWAL (24534) Oct 17, 2017 12:00:47 AM IST Reply
last comment- Eagleye always try to provide Correct and Accurate Information...Sometimes it always happen that we tend to act A bit selfish but it is completely ok... and as far as my understanding goes she is doing nice job by informing fellow members with timely and true information...
Profit or Loss depends upon each and every person''s act and deals....

Ca Manu
792. MANU AGGARWAL (24534) Oct 16, 2017 11:53:17 PM IST Reply
ADAG group
For last couple of months
Reliance capital are in Ban securities in F& O segment because of speculative scrip as JP associate
REPLY ---- FROM THIS POST IT NOW 1000% clear that this Unknowledgable PROUD since :

(1) Last Couple of months???????????????????????????3
(2) Any Scrip goes in BAN Not because of Speculation (Since speculation is done each and every minute in each and every scrip)
ANY SCRIP (yes any any) goes into ban based on TOTAL OUTSTANDING OPEN INTEREST taking into consideration FREE FLOAT of the stock.....( I am 1000% sure that this Unknowledgable PROUD will not understand 1% of this)

He has memories of R power 2008.I agree that has done blunder for Retail Investors, BUT this is totally different story as this is AMC IPO and and and
For the very rare chance I TOTALLY AGREE with Unknowledgable PROUD that Retail investors can sell in Grey market Considering market is at all time high and any geopolitical situation can put them at huge risk.....

CA Manu

791. MANU AGGARWAL (24534) Oct 16, 2017 11:43:51 PM IST Reply
If GIC is in discount then why NII will apply?
Or why retail investor will apply????

Huge Stop application or bank balance to withdraw so no blocking?

(1) The NII/HNi have not applied in GIC - Only 0.22 times ( INVALID QUESTION)
(2) Since Retail Investors are getting Shares @ 867 (912- 45) if they sell in GMP of -20 or -25 they will get net Rs. 20/- GAIN and IF THEY APPLY for 1,94,208/- (224*867) they would gain 224*25 = 5600/- per 2 Lac Application in 10 days About 2.5% Safe return(SINCE SELLING IN GREY) in 10-12 days.........
(3) I want to know the source from where you get all Indians'' Bank and Other Details??????????????????????? -----Because of this comment----Huge Stop application or bank balance to withdraw so no blocking

CA Manu
790. Top New for ipo (33294) Oct 16, 2017 11:39:53 PM IST Reply
Jaha kadar he vahi raho
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