|
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.
Note: The messages express the views of the author of the message. We do not actively monitor the contents of posted messages on this forum. We are not responsible for the contents of any messages posted. Do not vouch for or warrant the accuracy, completeness or usefulness of any message.
This page shows the archived IPO Grey Market Messages received in October, 2007
Current IPO Grey Market Premium in India Grey Market FAQs
|
IPO Issue Price GMP
Allied Comp 12 17 - 19
Barak Valley 37 - 42 20 - 22
Circuit Sys 35 3 - 4
Empee 350 - 400 140 - 150
Mudra Port 400 - 440 350 - 360
Rathi Bars 35 4 - 6
Religare 160 - 185 275 - 280
SVPCL 40 - 45 4 - 6
Varun Ind 60 40 - 42
As I said before people with limited money should go for Mundra insteed of Religare as its clear that Religare retail quota will oversubcribed more then 50 times and allotment will be real tough.
Vikky