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IPO Grey Market is the over-the-counter market where deals are done in-person only among the trusted group of investors. The deals are usually facilitated by the broker in neighborhood. In this market, an investor could sell IPO share or IPO application before the company gets listed on the stock exchange.
IPO Grey Market Premium (IPO GMP) is the premium at which the IPO shares are traded in the grey market. Kostak Rate is the rate at which you can sell the IPO application for a fixed price irrespective to you get IPO allotment or not.
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This page shows the archived IPO Grey Market Messages received in January, 2016
Current IPO Grey Market Premium in India Grey Market FAQs
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Opens On: 08-Feb-2016
Closes On: 10-Feb-2016
Price Band: INR 311 to INR 321
Bid Lot: 45 Equity Shares
Issue Size:
INR 445 Crs at Lower Band &
INR 451 Crs at Upper Band
Allocation: QIB 50%, HNI 15% & Retail 35%
ASBA Mandatory. No Cheque will be accepted.