IPO Grey Market Premium (June, 2019 Messages)

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 June, 2019

Current IPO Grey Market Premium in India Grey Market FAQs

IPO Grey Market Discussion

<< May 2019

June, 2019 Messages

July 2019 >>

11. Maheshenb Jun 28, 2019 11:42:14 AM

क्या NSE RTI के दायरे में आता है ?

10. Eagleye Jun 26, 2019 4:05:47 PM

IndiaMART IPO

Day 3 at 4:00PM

The following data is assuming the shares will be issued at @973/- (upper price band)

QIB*: 30.83X (*Excluding Anchor)
NII: 62.13X (Interest cost = ~81/-)
RII: 11.47X
Empl: 05.93X
Total: 35.73X

Applications: 3,36,500 Approx
No. of Applic-wise: 10.35X

GMP 125 - 130
Kostak 200/-

9. chintan sanghvi Jun 25, 2019 8:58:20 PM

I have to invest 3lac for 5years.pls sujest some stock or my.

8. Eagleye Jun 21, 2019 11:29:19 PM

IndiaMART IPO
GMP 120 +/- 2

8.1. vinay singal Jun 23, 2019 3:01:49 PM

Any advance rate

8.2. M Agarwal Jun 25, 2019 12:41:32 PM

how to get in touch with broker for Kostak or SS deal

7. Uchit Patel Jun 24, 2019 4:52:02 PM

IndiaMart:

Not interested. Very hard to make money from B2B.

6. MSanghvi Jun 24, 2019 12:06:40 PM

KRP Agrochem IPO is good for Investor Interest.
Minimum Application Grey market rate is Rs.550-600.

5. sanjay vora Jun 23, 2019 3:14:37 PM

india mart gmp

4. vinay singal Jun 21, 2019 10:20:55 AM

Anyone tell indiamart premium or advance rate

3. Eagleye Jun 20, 2019 7:28:52 PM

IndiaMART IPO - *Market Estimates of oversubscription*:

RII = 2L Forms = 6.15X Applic. wise (Avg allotment of ~2.44 shares per lot)
NII = 5.75K Crs. = ~80.77X

Interest cost @7%p.a. for 7days = 130.622paise for 1X

Thus, for NII the costing = 80.77 X 130.622paise = Rs.105.50 per share (GMP)

And, for RII the costing = 105.50 X 2.44 = Rs. ~257/- (Kostak)

IndiaMART IPO - *GMP Expected*
GMP 105/-
Kostak 275/-

2. Eagleye Jun 19, 2019 10:18:17 PM

IndiaMART IPO - Schedule (Pg #497 of RHP)

19th June - Price Band to be Announced
21st June - Anchor List
24th June - Offer Opens
26th June - Offer Closes
01st July - Finalisation of Basis of Allotment
02nd July - Initiation of Refunds
03rd July - Credit to Depository Accounts
04th July - Commencement of Trading

IndiaMART IPO - Issue Information *(FINAL)*

Issue Opens on: 24 June 2019
Issue Closes on: 26 June 2019
Issue Type: Book Built Issue IPO
Issue Size: 4,887,862 Equity Shares
Face Value: Rs 10 per Equity Share
Issue Price: Rs.970 - Rs.973 per Equity Share
Market Lot: 15 shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 2,87,74,820 Equity Shares
Offer for Sale of 4,887,862 Equity Shares @973 = Rs.475.34 Crores
Equity Shares outstanding after the Issue = 2,87,74,820 Equity Shares

Category-wise Break up:
Anchor - 21,95,038 Shares = 213.58Crs
QIB - 14,63,359 Shares = 142.38Crs
NII - 7,31,679 Shares = 71.19Crs
RII - 4,87,786 Shares = 47.22Crs (Lot size: 15 = 32,519 Forms)
Total Issue - 4,887,862 Equity Shares = 475.34Crs.

Subscription required for 1X
RII = 32,519 Forms
NII = 71.19Crs

Interest cost @7.0%p.a. for 7days = 130.622paise for 1X

IndiaMART IPO - Financial Information (Basis of Valuation)

EPS for FY16-17 >>> Rs.(35.09) (Page #117 of RHP)
EPS for FY17-18 >>> Rs.20.22 (Page #117 of RHP)
EPS for FY18-19 >>> Rs.07.61 (Page #117 of RHP)

RoNW for FY16-17 >>> (16.50)% (Page #118 of RHP)
RoNW for FY17-18 >>> 17.04% (Page #118 of RHP)
RoNW for FY18-19 >>> 12.54% (Page #118 of RHP)

NAV as on March 31, 2019 was Rs.55.92 (Page #119 of RHP)

Listed Industry Peer Group (Page #119 of RHP): NONE

1. Eagleye Jun 10, 2019 9:48:49 PM

THE MOST RELIABLE
List of Main board IPOs IN THE PIPELINE
(Status as on 10th June 2019)

A) DRHP Filed - SEBI Approval *Awaited*:

1) Shyam Steel Industries >>> DRHP date 04-June-19
2) Sterling and Wilson Solar >>> DRHP date 15-Apr-19
3) Bajaj Energy >>> DRHP date 05-Apr-19
4) Annai Infra Developers >>> DRHP date 30-Mar-19
5) Satyasai Pressure Vessels >>> DRHP date 15-Mar-19
6) Reliance General Insurance Co. >>> DRHP date 08-Feb-19
7) Shri Bajrang Power and Ispat >>> DRHP date 12-Sep-18
8) Angel Broking >>> DRHP date 05-Sep-18

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

1) Powerica >>> SEBI Approval 07-June-19
2) Penna Cement Industries >>> SEBI Approval 31-May-19
3) Emami Cement >>> SEBI Approval 15-May-19
4) Shriram Properties >>> SEBI Approval 09-Apr-19
5) T & T Infra >>> SEBI Approval 22-Mar-19
6) Coldex >>> SEBI Approval 15-Mar-19
7) Antony Waste Handling >>> SEBI Approval 08-Mar-19
8) Senco Gold >>> SEBI Approval 06-Mar-19
9) Heranba Industries >>> SEBI Approval 22-Feb-19
10) Vishwaraj Sugar Industries >>> SEBI Approval 15-Feb-19
11) Uniparts India >>> SEBI Approval 01-Feb-19
12) Stove Kraft >>> SEBI Approval 23-Jan-19

C) SEBI Approval *Received* *(>5 months ago)*:

13) Chartered Speed >>> SEBI Approval 11-Jan-19
14) Narmada Biochem >>> SEBI Approval 02-Jan-19
15) Prince Pipes and Fittings >>> SEBI Approval 28-Dec-18
16) Studds Accessories >>> SEBI Approval 14-Dec-18
17) Shyam Metallics and Energy >>> SEBI Approval 07-Dec-18
18) Flair Writing Industries >>> SEBI Approval 30-Nov-18
19) Neccon Power & Infra >>> SEBI Approval 29-Nov-18
20) Inventia Healthcare >>> SEBI Approval 22-Nov-18
21) Xelpmoc Design and Tech >>> SEBI Approval 20-Nov-18
22) Zircon Technologies >>> SEBI Approval 12-Nov-18
23) Sansera Engineering >>> SEBI Approval 12-Nov-18
24) Mrs.Bectors Food Specialities >>> SEBI Approval 09-Nov-18
25) PNB Metlife India Insurance Co. >>> SEBI Approval 02-Nov-18
26) AGS Transact Technologies >>> SEBI Approval 26-Oct-18
27) Harsha Engineers >>> SEBI Approval 19-Oct-18
28) Affle India >>> SEBI Approval 19-Oct-18
29) Dodla Dairy >>> SEBI Approval 17-Oct-18

D) SEBI Approval *Received* *(>8 months ago)*:

30) Bharat Hotels >>> SEBI Approval 12-Oct-18
31) Spandana Spoorthy Financial >>> SEBI Approval 12-Oct-18
32) ASK Investment Managers >>> SEBI Approval 05-Oct-18
33) Muthoot Microfin >>> SEBI Approval 05-Oct-18
34) Puranik Builders >>> SEBI Approval 05-Oct-18
35) Nihilent>>> SEBI Approval 01-Oct-18
36) Aakash Educational Services >>> SEBI Approval 28-Sep-18
37) Ami Organics >>> SEBI Approval 28-Sep-18
38) Century Metal Recycling>>> SEBI Approval 27-Sep-18
39) Anmol Industries >>> SEBI Approval 21-Sep-18
40) Indiamart Intermesh >>> SEBI Approval 14-Sep-18
41) Avana Logistek >>> SEBI Approval 14-Sep-18
42) Hinduja Leyland Finance >>> SEBI Approval 07-Sep-18
43) Srei Equipment Finance >>> SEBI Approval 07-Sep-18
44) Penver Products >>> SEBI Approval 05-Sep-18
45) Vectus Industries >>> SEBI Approval 31-Aug-18
46) Milltec Machinery >>> SEBI Approval 30-Aug-18
47) Craftsman Automation >>> SEBI Approval 24-Aug-18
48) Route Mobile >>> SEBI Approval 16-Aug-18
49) Mazagon Dock Shipbuilders >>> SEBI Approval 10-Aug-18
50) SembCorp Energy India >>> SEBI Approval 01-Aug-18
51) Montecarlo >>> SEBI Approval 31-Jul-18
52) Crystal Crop Protection >>> SEBI Approval 27-Jul-18
53) ReNew Power >>> SEBI Approval 18-Jul-18
54) PN Gadgil & Sons >>> SEBI Approval 13-Jul-18
55) G R Infraprojects >>> SEBI Approval 11-Jul-18
56) K P R Agrochem >>> SEBI Approval 10-Jul-18
57) Lodha Developers >>> SEBI Approval 06-Jul-18
58) Shakun Polymers >>> SEBI Approval 05-Jul-18
59) Flemingo Travel Retail >>> SEBI Approval 29-Jun-18
60) Nekkanti Sea Foods >>> SEBI Approval 22-Jun-18

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