Chittorgarh.com
Free Trading + Demat Account

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

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: This page is a discussion forum. 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.

Post New Message  Grey Market FAQs  Archived Messages >>

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.

avatar
74. Eagleye (9583) Apr 24, 2019 17:24 Reply
Nifty today hit 11,756 high, as it did not break the 11,500 level and recovered sharply from 11,560 zone thus reconfirming 11,500 as strong support zone for market.

Until that holds, strong possibility of up move continuing towards 12,000-12,200 zone.
avatar
73. kapukalyanam (55493) Apr 23, 2019 18:20 Reply
KAPU'S MOST REPUTATED AND TRUSTED MATRIMONIAL PORTAL
Kapu's Marriages is the solution for delivering reliable and quality match making services to all the briders and grooms seeing to enter into marital bliss.We arrange alliances through our extensive database to match your needs and tates. We have been very successful in providing alliances and settling marriages to thousands of our valued customers and commited to discover your better half! Kapukalyanam is a platform of bringing in the prospective brides and bridegrooms to the heaven of marriage with its extensive database across all economic strata.
https://www.kapukalyanam.com/
https://www.kapumatrimony.com/
Kapu Kalyanam Matrimony
Kapu matrimony, Kapu marriage bureau, Kapu brides, Kapu grooms
Matrimony, Wedding
INFO@TELUGUMARRIAGES.COM
avatar
72. Eagleye (9583) Apr 22, 2019 20:19 Reply
THE MOST RELIABLE
List of Main board IPOs IN THE PIPELINE
(Status as on 18th April 2019)


A) DRHP Filed - SEBI Approval *Awaited*:

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


B) SEBI Approval *Received* *(within the past 4 months)*:

1) Shriram Properties >>> SEBI Approval 09-Apr-19
2) T & T Infra >>> SEBI Approval 22-Mar-19
3) Coldex >>> SEBI Approval 15-Mar-19
4) Antony Waste Handling >>> SEBI Approval 08-Mar-19
5) Senco Gold >>> SEBI Approval 06-Mar-19
6) Heranba Industries >>> SEBI Approval 22-Feb-19
7) Vishwaraj Sugar Industries >>> SEBI Approval 15-Feb-19
8) Uniparts India >>> SEBI Approval 01-Feb-19
9) Stove Kraft >>> SEBI Approval 23-Jan-19
10) Chartered Speed >>> SEBI Approval 11-Jan-19
11) Narmada Biochem >>> SEBI Approval 02-Jan-19
12) Prince Pipes And Fittings >>> SEBI Approval 28-Dec-18


C) SEBI Approval *Received* *(>4 months ago)*:

13) Studds Accessories >>> SEBI Approval 14-Dec-18
14) Shyam Metallics and Energy >>> SEBI Approval 07-Dec-18
15) Flair Writing Industries >>> SEBI Approval 30-Nov-18
16) Neccon Power & Infra >>> SEBI Approval 29-Nov-18
17) Inventia Healthcare >>> SEBI Approval 22-Nov-18
18) Xelpmoc Design and Tech >>> SEBI Approval 20-Nov-18
19) Zircon Technologies >>> SEBI Approval 12-Nov-18
20) Sansera Engineering >>> SEBI Approval 12-Nov-18
21) Mrs.Bectors Food Specialities >>> SEBI Approval 09-Nov-18
22) PNB Metlife India Insurance Co. >>> SEBI Approval 02-Nov-18
23) AGS Transact Technologies >>> SEBI Approval 26-Oct-18
24) Harsha Engineers >>> SEBI Approval 19-Oct-18
25) Affle India >>> SEBI Approval 19-Oct-18
26) Dodla Dairy >>> SEBI Approval 17-Oct-18
27) Bharat Hotels >>> SEBI Approval 12-Oct-18
28) Spandana Spoorthy Financial >>> SEBI Approval 12-Oct-18
29) ASK Investment Managers >>> SEBI Approval 05-Oct-18
30) Muthoot Microfin >>> SEBI Approval 05-Oct-18
31) Puranik Builders >>> SEBI Approval 05-Oct-18
32) Nihilent>>> SEBI Approval 01-Oct-18
33) Aakash Educational Services >>> SEBI Approval 28-Sep-18
34) Ami Organics >>> SEBI Approval 28-Sep-18
35) Century Metal Recycling>>> SEBI Approval 27-Sep-18
36) Anmol Industries >>> SEBI Approval 21-Sep-18
37) Indiamart Intermesh >>> SEBI Approval 14-Sep-18
38) Avana Logistek >>> SEBI Approval 14-Sep-18
39) Hinduja Leyland Finance >>> SEBI Approval 07-Sep-18
40) Srei Equipment Finance >>> SEBI Approval 07-Sep-18
41) Penver Products >>> SEBI Approval 05-Sep-18


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

42) Vectus Industries >>> SEBI Approval 31-Aug-18
43) Milltec Machinery >>> SEBI Approval 30-Aug-18
44) Craftsman Automation >>> SEBI Approval 24-Aug-18
45) Route Mobile >>> SEBI Approval 16-Aug-18
46) Mazagon Dock Shipbuilders >>> SEBI Approval 10-Aug-18
47) SembCorp Energy India >>> SEBI Approval 01-Aug-18
48) Montecarlo >>> SEBI Approval 31-Jul-18
49) Crystal Crop Protection >>> SEBI Approval 27-Jul-18
50) ReNew Power >>> SEBI Approval 18-Jul-18
51) PN Gadgil & Sons >>> SEBI Approval 13-Jul-18
52) G R Infraprojects >>> SEBI Approval 11-Jul-18
53) K P R Agrochem >>> SEBI Approval 10-Jul-18
54) Lodha Developers >>> SEBI Approval 06-Jul-18
55) Shakun Polymers >>> SEBI Approval 05-Jul-18
56) Flemingo Travel Retail >>> SEBI Approval 29-Jun-18
57) Nekkanti Sea Foods >>> SEBI Approval 22-Jun-18
58) Atria Convergence Technologies >>> SEBI Approval 15-Jun-18
59) Sandhya Marines >>> SEBI Approval 12-Jun-18
avatar
71. Eagleye (9583) Apr 18, 2019 13:30 Reply
Neogen Chemicals IPO - *Market Estimates of oversubscription*:

RII = 1.5L Forms = 4.53X Applic. wise (Avg allotment of ~14.36 shares per lot)
NII = 1K Crs. = ~50X

Interest cost @7%p.a. for 7days = 28.863paise for 1X

Thus, for NII the costing = 50 X 28.863paise = Rs.14.50 per share (GMP)

And, for RII the costing = 14.50 X 14.36 = Rs. ~245/- (Kostak)

Neogen Chemicals IPO - *GMP Expected*
GMP 15/-
Kostak 250/-
avatar
70. Eagleye (9583) Apr 18, 2019 13:23 Reply
Neogen Chemicals IPO

Price Band of 213-215 is too high.
Also, it is a tiny issue size.
Hence, it has limited appeal for seasoned players.

I am not going to waste my time to analyse this IPO any further.
avatar
69. Eagleye (9583) Apr 18, 2019 08:34 Reply
Neogen Chemicals IPO - Schedule (Pg #456 of RHP)

18th April - Price Band to be Announced
23rd April - Anchor List
24th April - Offer Opens
26th April - Offer Closes
03rd May - Finalisation of Basis of Allotment
06th May - Unblocking of ASBA
07th May - Credit to Demat Accounts
08th May - Listing on NSE & BSE


Neogen Chemicals IPO - Issue Information *(FINAL)*

Issue Opens on: 24 April 2019
Issue Closes on: 26 April 2019
Issue Type: Book Built Issue IPO
Issue Size: 65,84,210 Equity Shares
Face Value: Rs 10 per Equity Share
Issue Price: Rs.212 - Rs.215 per Equity Share
Market Lot: 65 shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 2,00,78,793 Equity Shares
Fresh Issue of 32,55,813 Equity Shares @215 = Rs.70.00 Crores
Offer for Sale of 29,00,000 Equity Shares @215 = Rs.62.35 Crores
Equity Shares outstanding after the Issue = 2,33,34,606 Equity Shares

Category-wise Break up:.
Anchor - 28,46,744 Shares = 39.70Crs
QIB - 12,31,163 Shares = 26.47Crs
NII - 9,23,372 Shares = 19.85Crs
RII - 21,54,535 Shares = 46.32Crs (Lot size: 65 = 33,147 Forms)
Total Issue - 61,55,813 Equity Shares = 132.45Crs.

Subscription required for 1X
RII = 33,147 Forms
NII = 19.85Crs

Interest cost @7.0%p.a. for 7days = 28.863paise for 1X


Neogen Chemicals IPO - Financial Information (Basis of Valuation)

EPS for FY15-16 >>> Rs.02.59 (Page #115 of RHP)
EPS for FY16-17 >>> Rs.03.84 (Page #115 of RHP)
EPS for FY17-18 >>> Rs.05.25 (Page #115 of RHP)
EPS for 9M18-19 >>> Rs.06.09 (Page #115 of RHP)

RoNW for FY15-16 >>> 18.80% (Page #117 of RHP)
RoNW for FY16-17 >>> 18.31% (Page #117 of RHP)
RoNW for FY17-18 >>> 20.97% (Page #117 of RHP)
RoNW for 9M18-19 >>> 19.88% (Page #117 of RHP)

NAV as on March 31, 2018 was Rs.25.12 (Page #117 of RHP)
NAV as on December 31, 2018 was Rs.30.62 (Page #117 of RHP)

Listed Industry Peer Group (Page #118 of RHP):
Aarti Industries
Atul Industries
Navin Flourine
Paushak
Vinati Organics
avatar
68. Manoj agarwal (55432) Apr 16, 2019 11:08 Reply
Buy polycab
TGT 695
1 month
avatar
67. Sunil Dargar (38703) Apr 16, 2019 08:32 Reply
Opening price poly cab ???
avatar
66. jatin (18841) Apr 15, 2019 22:20 Reply
Polycab listing on 16th April 2019.
avatar
65. Akhani (55394) Apr 15, 2019 12:51 Reply
Allotment ok any one can tell date of listing
avatar
65.1. abhis (38146) Apr 15, 2019 17:10
18.4.2019
avatar
64. BABUKALIA (16207) Apr 15, 2019 15:00 Reply
POLY CAB PREMIUM
avatar
63. Akhani (55394) Apr 14, 2019 20:51 Reply
Any one can post Polycab gray market primium and allotment status
avatar
63.1. vinay singal (47323) Apr 15, 2019 11:17
Allotment aagyi h
avatar
62. S J P Shares (10705) Apr 13, 2019 20:59 Reply
*Polycab India Limited - IPO*
Basis Allotment : *12-04-19*
Allotment on *15-04-19*
DP Credit : *16-04-19*
Listing : *18-04-19*
Registrar: *Karvy*
https://corpreg.karvy.com/ipostatus/
avatar
61. vinay singal (47323) Apr 13, 2019 19:52 Reply
Allotment date of polycab
And premium also
avatar
60. S J P Shares (10705) Apr 13, 2019 17:26 Reply
POLYCAB IPO LATEST AHMEDABAD GMP. 110/115
avatar
59. gagan singla (24831) Apr 13, 2019 13:36 Reply
Polycab premium????
avatar
58. bitushare (52844) Apr 12, 2019 12:33 Reply
Any body tell me poly cab premium???
avatar
57. AnkitPoriya (55348) Apr 11, 2019 15:50 Reply
hello anybody tell me metropolis listing gain or not ? 500 milega na ?? i have allowted
avatar
56. Eagleye (9583) Apr 9, 2019 20:35 Reply
Polycab India IPO

Day 3 at 8:30PM

The following data is assuming the shares will be issued at @538/- (upper price band)

QIB*: 93.11X (*Excluding Anchor)
NII: 110.76X
RII: 4.64X
Empl.: 3.20X
Total: 52.16X

Applications: 12,17,500 Approx
No. of Applic-wise: 3.78X


Polycab India IPO

GMP 80 +/- 1
Kostak 575 - 600
avatar
56.1. DKA (45180) Apr 11, 2019 13:47
Eagleye please post a list of Companies applied for IPO with SEBI and Companies got permission..........
avatar
55. arya (30627) Apr 9, 2019 16:22 Reply
polycab gry market 102 rs last price
avatar
54. Ram Prakash natani (30850) Apr 10, 2019 15:26 Reply
Polycon ka gray pride kya hai
avatar
53. bitushare (52844) Apr 10, 2019 12:09 Reply
Egleyeji tell me premium pl??
avatar
52. Eagleye (9583) Apr 9, 2019 19:51 Reply
Polycab India IPO

GMP 80 +/- 1
Kostak 575 - 600

Informed circle is going short in grey
avatar
51. Natvarsinh (30213) Apr 9, 2019 19:16 Reply
RJVNL allotment status available on website
avatar
50. bitushare (52844) Apr 9, 2019 18:16 Reply
Egleyeji PL tell me premium pl??
avatar
49. arya (30627) Apr 9, 2019 16:12 Reply
polycap gry mkt
93/97
avatar
48. arya (30627) Apr 9, 2019 15:46 Reply
polycab india IPO

Gry market 93/97
avatar
47. bitushare (52844) Apr 9, 2019 15:37 Reply
Premium??pl??
avatar
46. Eagleye (9583) Apr 9, 2019 12:24 Reply
.Polycab India IPO

Day 3 at 12:20PM

The following data is assuming the shares will be issued at @538/- (upper price band)

QIB*: 8.46X (*Excluding Anchor)
NII: 2.14X
RII: 2.68X
Empl.: 2.11X
Total: 3.24X

Applications: 6,90,500 Approx
No. of Applic-wise: 2.14 X


Polycab India IPO

GMP 85 +/- 1
Kostak 750 - 800
avatar
45. P THAKKAR (42994) Apr 9, 2019 11:35 Reply
METROPOLIS 42/45 POLYCAB 83/86 PREMIUM
avatar
44. Eagleye (9583) Apr 5, 2019 21:41 Reply
Metropolis Healthcare IPO

Day 3 at 9:00PM

The following data is assuming the shares will be issued at @880/- (upper price band)

QIB*: 08.88X (*Excluding Anchor)
NII: 03.03X
RII: 2.21X
Empl.: 00.05X
Total: 5.84X

Applications: 1,39,100 Approx
No. of Applic-wise: 1.77 X


Metropolis Healthcare IPO

GMP 40 +/- 1
Kostak 400
avatar
44.1. JSK,Mum (42532) Apr 8, 2019 12:35
please reply Poly Cab no of application till Date
avatar
44.2. JSK,Mum (42532) Apr 9, 2019 10:38
Pl Reply ???
avatar
43. Eagleye (9583) Apr 9, 2019 11:11 Reply
Polycab India IPO

Day 3 at 11:10AM

The following data is assuming the shares will be issued at @538/- (upper price band)

QIB*: 3.71X (*Excluding Anchor)
NII: 0.86X
RII: 2.31X
Empl.: 2.00X
Total: 1.98X

Applications: 5,84,000 Approx
No. of Applic-wise: 1.81 X


Polycab India IPO

GMP 87 +/- 1
Kostak 800 - 825
avatar
42. BGRJVB (31190) Apr 4, 2019 19:26 Reply
@ DPCDSL:- Hi DPCDSL, hope you are doing great. So as ASBA is extended upto June 2019. My question is, i have 15 dmat accounts with me, can i fill 5 applications from one bank account, thus, using 3 bank accounts in total. The same way, which we use to do before. Would be great if you can throw light on this query. Thanks a lot. Best Regds.
avatar
42.3. Kamal Garg (55281) Apr 8, 2019 16:42
If you make five applications in the same holding order i.e. same holders' name in the same order, will it not be treated as "multiple applications" and thereby liable for rejection.
avatar
42.4. arun adalja (19210) Apr 9, 2019 09:05
i think PAN no is important one and you can make only one application using one pan no irrespective of many demat accounts.
avatar
41. Eagleye (9583) Apr 8, 2019 18:59 Reply
Polycab India IPO

GMP 82 +/- 1
Kostak 825 - 875

avatar
40. Eagleye (9583) Apr 8, 2019 18:53 Reply
Polycab IPO

As per December 2018 financials:
Networth = 2700 Crs & Debt = 620Crs



With IPO proceeds of 400Crs:
Networth = 3100 Crs & Debt = 520Crs
Therefore, Debt/Equity Ratio will be = 0.17:1.00

Hence, Post IPO Polycab will be as good as debt free
avatar
39. Eagleye (9583) Apr 8, 2019 17:45 Reply
Polycab India IPO

GMP 80 +/- 1
Kostak 875 - 925
avatar
38. Re.analist (18507) Apr 8, 2019 14:58 Reply
poly cab target rs 750/800 hold 6 month
avatar
37. bitushare (52844) Apr 8, 2019 14:26 Reply
Poly cab premium pl???
avatar
36. GAURAV VANJARA (55277) Apr 8, 2019 13:38 Reply
Want to sell 4 applications of Polycab.. Any one for Ahmedabad
avatar
35. bitushare (52844) Apr 8, 2019 09:20 Reply
Poly cab premium update please ???
avatar
34. JSK,Mum (42532) Apr 6, 2019 16:05 Reply
Poly Cab :premium per share 80/=

Poly Cab Koshtak Price : 750/=
avatar
33. Eagleye (9583) Apr 5, 2019 21:44 Reply
Metropolis
Target exit price 925 - 950

Polycab
Target exit price 700 -725
avatar
32. bitushare (52844) Apr 5, 2019 15:37 Reply
Premium update please???
avatar
31. Uchit Patel (27310) Apr 1, 2019 15:57 Reply
Rail Vikas Nigam IPO:

I am applying. Chance are less it will list in discount. It will give minimum 20% profit before general election results.
avatar
31.5. deepak soni (27887) Apr 5, 2019 10:55
If we alloted share in minor account , then sell through minor trading code or transfer to guarduan then sell
avatar
31.6. dpcdsl (28765) Apr 5, 2019 13:12
Better to sell in Minor's a/c, however it may be sold in guardian's a/c if anything convenient.
In both the cases Capital Gain to be added to guardian's a/c due to "clubbing of income provision" of Income Tax.
avatar
30. Eagleye (9583) Apr 5, 2019 11:12 Reply
Polycab India IPO - *Market Estimates of oversubscription*:

RII = 8L Forms = 2.5X Applic. wise (Avg allotment of ~10.9 shares per lot)
NII = 20K Crs. = ~100X

Interest cost @7%p.a. for 7days = 72.22paise for 1X

Thus, for NII the costing = 100 X 72.22 paise = Rs.72/- per share (GMP)

And, for RII the costing = 728/- X 10.9 = Rs. ~825/- (Kostak)

Polycab India IPO - *GMP Expected*
GMP 75/-
Kostak 825/-
avatar
29. Eagleye (9583) Apr 4, 2019 13:07 Reply
Polycab India IPO

GMP 105 +/- 1
Kostak 900 - 925
avatar
28. Uchit Patel (27310) Apr 4, 2019 13:02 Reply
- Metropolis Healthcare IPO

Not applying this IPO.
avatar
27. Eagleye (9583) Apr 4, 2019 11:50 Reply
Polycab India IPO

GMP 105 +/- 1
Kostak 875 - 900
avatar
26. Kety pat (24777) Apr 3, 2019 20:29 Reply
EXTENDED ASBA UPTO JUNE 2019.......ENJOY
avatar
25. Eagleye (9583) Apr 3, 2019 17:35 Reply
Metropolis Healthcare IPO

GMP 32 +/- 1
Kostak 350



Message Board

Stock Message Board


Search Chittorgarh.com:

Chittorgarh.com Mobile Apps:

Download Android App Downlaod iOS App