IPO Grey Market Price (IPO GMP Premium & Kotak Rate)

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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IPO Grey Market Discussion

MAHESH FWC FINANACE
48. MAHESH FWC FINANACE  Mar 22, 2020 19:25 I Like It. | I Don't Like It. | Report Abuse Reply
Sterling and Wilson Solar ,,,,,company is good but ipo price is over price thats wy its price come from 780 to 99
Uchit Patel
47. Uchit Patel  Feb 26, 2020 13:48 I Like It. 1 | I Don't Like It. | Report Abuse Reply
- SBI Cards IPO

Lots of fancy talk is going on and investors are very excited about this IPO. Investors believed good earning in near future.

No peers available in India to compare. In foreign countries it is hard to compare apple to apple. I tried my best to do some research.


Some of my concerns:
- Asking price is very high. Asking price is about 45 times of EPS.
If we compare with major parent companies VISA, MASTER, AMERICANEX, DISCOVER then they are available at P/E from 15 to 38. These companies have monopoly in cards business. Anyone wants to issue card (credit or debit) then they needs to go with these parent companies.
If we compare with major world banks or financial institutes BofA, JP Morgan CHASE, Citi, CapitalOne, Barklays who are in credit card business then they are available at P/E from 8 to 15.

- Issue is very big. Enough stock is available for trading on listing day.

- FII knows credit card business from world and other world peers are available at low price.

- Credit card business is risky. SBI cards growth is very high. Very high risk. Chances are more to get defaulters.

- Only dependency on DII after listing.

- Grey market premium looks very high.

Conclusion:

- Apply with your own money. Don't get external finance. Don't expect much listing gain. Apply one lot in retail category. Chances are more in retail category.
D Pandey
47.2. D Pandey  Mar 16, 2020 17:18 I Like It. | I Don't Like It. | Report Abuse
Kudos to Uchit Sir. Thank you very much.

Your prediction is right for this ipo. I don't know it is because of corona effect or your advice I saved my money by not applying this ipo.

Though gmp of more than 300 but you advised gmp is very high.
You gave very good comparison of international peers. Your prediction of enough stock is available on listing day because of huge ipo is right.

We need seniors like you in this group for good guidance.
MAHESH FWC FINANACE
47.3. MAHESH FWC FINANACE  Mar 22, 2020 19:23 I Like It. | I Don't Like It. | Report Abuse
YOU ARE GREAT SIR ,I ADVICE TO MY ALL FRIEND OR CUSTOMER ,DONT APPLY THIS IPO ,,,
SaurabhBhola
46. SaurabhBhola  Mar 9, 2020 19:03 I Like It. | I Don't Like It. | Report Abuse Reply
Grey market premium as on today(05-03-2020) is ₹120-125, Kostak ₹1200 & Subject to Sauda is N/A
Grey market premium as on 05-03-2020 is ₹180-200, Kostak ₹1900 & Subject to Sauda is ₹N/A
Grey market premium as on 04-03-2020 is ₹140-150, Kostak ₹1600 & Subject to Sauda is ₹N/A
Grey market premium as on 03-03-2020 is ₹180-200, Kostak ₹1800 & Subject to Sauda is ₹2800
Grey market premium as on 02-03-2020 is ₹200-220, Kostak ₹2800 & Subject to Sauda is ₹3800
Grey market premium as on 01-03-2020 is ₹330-340, Kostak ₹4200 & Subject to Sauda is ₹5200
Saransh Singla
46.1. Saransh Singla  Mar 20, 2020 10:43 I Like It. | I Don't Like It. | Report Abuse
From where do you get the data?
AshishB
45. AshishB  Mar 14, 2020 10:35 I Like It. | I Don't Like It. | Report Abuse Reply
EagleEye Please guide about SBICard Premium and listing
Re.analist
44. Re.analist  Mar 13, 2020 18:51 I Like It. | I Don't Like It. 1 | Report Abuse Reply
I think aprox listing of rs . 770/80 and go touch 900 if market positive ( subject to market risk )
Sdj
43. Sdj  Mar 13, 2020 14:45 I Like It. | I Don't Like It. | Report Abuse Reply
SBI CARD IPO MKT PRIMIUM ,?
Khushal ramani
42. Khushal ramani  Mar 13, 2020 00:17 I Like It. | I Don't Like It. | Report Abuse Reply
SBI card Gmp ?
Vijay Ludhani
41. Vijay Ludhani  Mar 12, 2020 18:24 I Like It. | I Don't Like It. | Report Abuse Reply
What is Current GMP

.today's premium
dpcdsl
41.1. dpcdsl  Mar 12, 2020 22:35 I Like It. 1 | I Don't Like It. | Report Abuse
No premium. In current scenario hope discount.
Manish Sanghvi
40. Manish Sanghvi  Mar 12, 2020 18:08 I Like It. | I Don't Like It. | Report Abuse Reply
Sbi card premium rate aapsho?
bt
39. bt  Mar 12, 2020 15:02 I Like It. 1 | I Don't Like It. | Report Abuse Reply
chahe jhunjhun wala kharide chahe dhamani kharide agr market favor me nhi hoga to kisiki itni himmat nhi ke listing achi krde smjhe ap
Manish Sanghvi
38. Manish Sanghvi  Mar 11, 2020 17:12 I Like It. | I Don't Like It. | Report Abuse Reply
Sbi card premium rate aapsho pl?
k r
38.1. k r  Mar 11, 2020 21:19 I Like It. 1 | I Don't Like It. | Report Abuse
Sbi card will open nearer to issue price
BMR
37. BMR  Mar 11, 2020 15:18 I Like It. | I Don't Like It. | Report Abuse Reply
Uchit sir, have you guide now the SBI Card IPO premium???
It's really helpful to someone like me, plzzzzzzzz.
IPO.OPTION
36. IPO.OPTION  Mar 11, 2020 14:44 I Like It. 2 | I Don't Like It. | Report Abuse Reply
I have one question to admin that Now, Why should we don't see the date of message given? It's needed.
Team Chittorgarh.com
36.1. Team Chittorgarh.com  Mar 11, 2020 15:07 I Like It. 1 | I Don't Like It. | Report Abuse
Dear Sir,
Thank you for your kind feedback. The error is now resolved.
Apologies for the inconvenience.
Nuse
35. Nuse  Mar 11, 2020 14:07 I Like It. | I Don't Like It. | Report Abuse Reply
Allotted SBI Card. any expectation on listing price
MKTLEADER
34. MKTLEADER  Mar 9, 2020 12:07 I Like It. 1 | I Don't Like It. | Report Abuse Reply
DONT PANIC SBI CARD LIST ABOVE 150+ RUREES
A.DOSHI
33. A.DOSHI  Mar 7, 2020 17:01 I Like It. | I Don't Like It. | Report Abuse Reply
gmp or kostak for sbi card.? (msg as on 07/03/2020)
Sanghvi
32. Sanghvi  Mar 7, 2020 15:19 I Like It. | I Don't Like It. | Report Abuse Reply
Sbi card form & premium rate ?
Divyrajeshm
31. Divyrajeshm  Mar 5, 2020 19:36 I Like It. | I Don't Like It. | Report Abuse Reply
1800/140
Sk yadav
30. Sk yadav  Mar 5, 2020 06:46 I Like It. | I Don't Like It. | Report Abuse Reply
Today GMP update SBI card ????
SKBIRLA
30.1. SKBIRLA  Mar 5, 2020 19:02 I Like It. | I Don't Like It. | Report Abuse
Latest price/ premium of SBI Card IPO .
Uchit Patel
29. Uchit Patel  Mar 5, 2020 11:00 I Like It. | I Don't Like It. | Report Abuse Reply
- Antony Waste IPO

I am going to apply this ipo. Future looks bright. Financial nos. looks OK.
No listed peers in India. If we compare in foreign countries then it looks cheap compared to Waste Management Inc, Republic of United States.

Now mutual funds also interested in this category. Last month AXIS came with nfo in ESG category.
Manipo
29.1. Manipo  Mar 5, 2020 13:31 I Like It. | I Don't Like It. | Report Abuse
Sudden growth before IPO in HY results is doubtfull, no growth in prior years. Litigation with municipality. most of the issue if OFS. Size is reduced as not enough buyer.
Tushar Gupta
28. Tushar Gupta  Mar 5, 2020 11:33 I Like It. | I Don't Like It. | Report Abuse Reply
What is GMP for SBI CARDS as of now..
Atul Shah
27. Atul Shah  Feb 27, 2020 12:59 I Like It. | I Don't Like It. | Report Abuse Reply
what is the status for SBI Card IPO Application ?
Uchit Patel
26. Uchit Patel  Feb 28, 2020 11:08 I Like It. | I Don't Like It. | Report Abuse Reply
- SBI Cards IPO

Looks like grey market premium will come down day by day before listing.
Chances are more that everyone will get 1 lot in retail category.
PATELBRO
25. PATELBRO  Mar 3, 2020 11:43 I Like It. | I Don't Like It. | Report Abuse Reply
SBI Card> GMP >180-200 >> 1800
NILESH DOSHI
24. NILESH DOSHI  Feb 26, 2020 14:04 I Like It. | I Don't Like It. | Report Abuse Reply
MY SBI BANK NOT RELEASE HOLD AMOUT OF ITI LTD FPO PLS LET ME KNOW WHAT IS THE PROCEDURE FOR REMOVING HOLD AMOUNT I VISIT IN BANK MANY TIME NO ONE HAVE ANY ANSWER PLS GUIDE ME WHAT CAN I DO
NAYANKUMAR
24.1. NAYANKUMAR  Feb 26, 2020 18:27 I Like It. | I Don't Like It. | Report Abuse
Mail sent to SEBI
Surya Yadav
24.2. Surya Yadav  Mar 4, 2020 22:26 I Like It. | I Don't Like It. | Report Abuse
Dear sir
After allotment of shares your amount will be unhold.
Hope it will be helpful for you
Nk Gupta
23. Nk Gupta  Mar 4, 2020 17:41 I Like It. | I Don't Like It. | Report Abuse Reply
Thanks dear
rar
22. rar  Mar 4, 2020 12:09 I Like It. | I Don't Like It. | Report Abuse Reply
hi,
have done my asab application via PNB bank yesterday, however i haven't recived any mail/ sms confirmation of application submission.
my funds has already been blocked yesterday.

pls.advise.
ipo madness
22.1. ipo madness  Mar 4, 2020 17:11 I Like It. | I Don't Like It. | Report Abuse
if lien marked then dont worry. you will get sms .
Rajivjainhsr
21. Rajivjainhsr  Mar 4, 2020 10:57 I Like It. | I Don't Like It. | Report Abuse Reply
Sbi premium kya ha
PREMANATHSA F KALBUGRI
20. PREMANATHSA F KALBUGRI  Mar 4, 2020 10:44 I Like It. | I Don't Like It. | Report Abuse Reply
SBI card premium
Sanghvi
19. Sanghvi  Mar 4, 2020 09:00 I Like It. | I Don't Like It. | Report Abuse Reply
Sbi card share holder form rate Aaapsho
Sanghvi
19.1. Sanghvi  Mar 4, 2020 09:03 I Like It. | I Don't Like It. | Report Abuse
Sbi card form nu kostak shu che janavsho?
Hiteshbhai Savani
18. Hiteshbhai Savani  Mar 3, 2020 18:06 I Like It. | I Don't Like It. | Report Abuse Reply
Apply. Share holder quota Better please advise
3 time. 5 time 7 time. 9 time.....
Nk Gupta
17. Nk Gupta  Mar 2, 2020 16:48 I Like It. | I Don't Like It. | Report Abuse Reply
UTI Assets Management Co.
Who is the promoter please? Should I buy shares of promoters for being eligible under share holder quota at the time of public issue.
H R SHAH
17.1. H R SHAH  Mar 3, 2020 15:48 I Like It. | I Don't Like It. | Report Abuse
SBI is parent company.
S J P Shares
16. S J P Shares  Mar 3, 2020 13:23 I Like It. | I Don't Like It. | Report Abuse Reply
Retail application wise-1408774 till date
Parvesh Lovely
15. Parvesh Lovely  Mar 2, 2020 14:31 I Like It. | I Don't Like It. | Report Abuse Reply
Which one will be more beneficial? Applying 5 lacs or 2 lacs under staff quota. Please advise
dpcdsl
15.1. dpcdsl  Mar 2, 2020 22:23 I Like It. | I Don't Like It. | Report Abuse
Employee has to prefer 'Employee quota' as 75/- discount available, and can also apply in Retail quota. If share holder on 18/02/2020 3rd allocation can also be made in 'share holder's portion' but must be below 2 lac each.
IPO Jackpot
14. IPO Jackpot  Mar 2, 2020 18:00 I Like It. | I Don't Like It. | Report Abuse Reply
Which is better. Retail quota or shareholder quota?
dpcdsl
14.1. dpcdsl  Mar 2, 2020 22:19 I Like It. | I Don't Like It. | Report Abuse
Retail has 35% allocation and only RII means application for maximum 13 lots can be applied while in Share Holder's Potion HNI can also bid for 10% allocation, thus if someone is not applying in both category prefer 'Retail' quota for application.
Manish Sanghvi
13. Manish Sanghvi  Mar 2, 2020 19:59 I Like It. | I Don't Like It. | Report Abuse Reply
Sbi card form & premium rate aapsho
VATSAL RANA
12. VATSAL RANA  Mar 2, 2020 16:12 I Like It. | I Don't Like It. | Report Abuse Reply
What is GMP per share for SBI CARD?
PATELBRO
11. PATELBRO  Mar 2, 2020 15:52 I Like It. | I Don't Like It. | Report Abuse Reply
SBI Cards >>>>GMP>>>>>>>>275>>>Kostak>>>>2900
Basisto
10. Basisto  Mar 1, 2020 19:36 I Like It. | I Don't Like It. | Report Abuse Reply
What is sbi card GMP application price
And share price
Eagleye
9. Eagleye  Feb 3, 2020 18:20 I Like It. | I Don't Like It. | Report Abuse Reply
THE MOST RELIABLE
List of Mainboard IPOs IN THE PIPELINE
(Status as on 31th January 2020)

A) DRHP Filed - SEBI Approval *Awaited*:

1) Indian Railway Finance Corporation >>> DRHP date 17-Jan-20
2) Likhitha Infrastructure >>> DRHP date 13-Jan-20
3) Computer Age Management Services >>> DRHP date 09-Jan-20
4) Esaf Small Finance Bank >>> DRHP date 06-Jan-20
5) Apeejay Surrendra Park Hotels >>> DRHP date 31-Dec-19
6) UTI Asset Management Company >>> DRHP date 18-Dec-19
7) Rossari Biotech >>> DRHP date 18-Dec-19
8) Equitas Small Finance Bank >>> DRHP date 16-Dec-19
9) Home First Finance Company India >>> DRHP date 29-Nov-19
10) SBI Cards and Payment Services >>> DRHP date 26-Nov-19
11) Mukesh Trends Lifestyle >>> DRHP date 30-Sep-19

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

1) Easy Trip Planners >>> SEBI Approval 31-Jan-20
2) Puranik Builders >>> SEBI Approval 31-Jan-20
3) Montecarlo >>> SEBI Approval 28-Jan-20
4) Chemcon Speciality Chemicals >>> SEBI Approval 28-Jan-20
5) Burger King India >>> SEBI Approval 24-Jan-20
6) Shri Bajrang Power and Ispat >>> SEBI Approval 17-Jan-20
7) Route Mobile >>> SEBI Approval 24-Dec-19
8) Mazagaon Dock Shipbuilders >>> SEBI Approval 13-Dec-19
9) Samhi Hotels >>> SEBI Approval 29-Nov-19
10) Indian Renewable Energy Development Agency >>> SEBI Approval 27-Sep-19
11) Shyam Steel Industries >>> SEBI Approval 20-Sep-19

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

12) Bajaj Energy >>> SEBI Approval 30-Aug-19
13) Angel Broking >>> SEBI Approval 26-July-19
14) Annai Infra Developers >>> SEBI Approval 12-July-19
15) Satyasai Pressure Vessels >>> SEBI Approval 21-June-19
16) Powerica >>> SEBI Approval 07-June-19

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

17) Penna Cement Industries >>> SEBI Approval 31-May-19
18) Emami Cement >>> SEBI Approval 15-May-19
19) Shriram Properties >>> SEBI Approval 09-Apr-19
20) T & T Infra >>> SEBI Approval 22-Mar-19
21) Coldex >>> SEBI Approval 15-Mar-19
22) Antony Waste Handling >>> SEBI Approval 08-Mar-19
23) Senco Gold >>> SEBI Approval 06-Mar-19
MAPatel
9.1. MAPatel  Feb 28, 2020 13:07 I Like It. | I Don't Like It. | Report Abuse
where are you ?
Please share valuable information regarding this IPO
like gray prem., subscription in all category wise etc.....
NILESH DOSHI
8. NILESH DOSHI  Feb 26, 2020 21:43 I Like It. | I Don't Like It. | Report Abuse Reply
Pls give right email of SBI for removing of unhold amount of ITI LTD shares
NILESH DOSHI
7. NILESH DOSHI  Feb 26, 2020 19:32 I Like It. | I Don't Like It. | Report Abuse Reply
This message has been removed by a moderator.
NILESH DOSHI
6. NILESH DOSHI  Feb 26, 2020 14:00 I Like It. | I Don't Like It. | Report Abuse Reply
MY SBI BANK NOT RELEASE HOLD AMOUT PLS LET ME KNOW WHAT IS THE PROCEDURE FOR REMOVING HOLD AMOUNT I VISIT IN BANK MANY TIME NO ONE HAVE ANY ANSWER PLS GUIDE ME WHAT CAN I DO
Prakash Manavadariya
5. Prakash Manavadariya  Feb 26, 2020 11:31 I Like It. | I Don't Like It. | Report Abuse Reply
SBI CARD TODAY'S GREY MARKET PREMIUM....
Leadinvest
4. Leadinvest  Feb 22, 2020 20:37 I Like It. | I Don't Like It. | Report Abuse Reply
Premium and form price please
SHARMI
3. SHARMI  Feb 21, 2020 11:07 I Like It. | I Don't Like It. | Report Abuse Reply
Please inform me that can I apply for two categories with one PAN No. (ie) Retail and Share holder category under 2 Lac each individually.

Thanking You

Sharmila T N
Madurai
Tamilnadu
DINESH SHARMA
3.1. DINESH SHARMA  Feb 22, 2020 07:25 I Like It. | I Don't Like It. | Report Abuse
If you already hold share of SBI than you can apply in both category. It's your choice to bid minimum or maximum.
SHARMI
3.2. SHARMI  Feb 22, 2020 08:09 I Like It. | I Don't Like It. | Report Abuse
Thank you for your valuable information.
DHARMENDRA SINGHAL
2. DHARMENDRA SINGHAL  Feb 19, 2020 19:08 I Like It. | I Don't Like It. | Report Abuse Reply
why alok industries price shown rs 19 today
Pooja Jain
1. Pooja Jain  Feb 12, 2020 12:10 I Like It. | I Don't Like It. | Report Abuse Reply
GMP on 12 Feb 2020

GMP: Rs 285/290 (all around buy)
Application: Rs 3500/3600
Subject to Rates : Rs 4100 (No trades)
A.DOSHI
49.1. A.DOSHI  Feb 12, 2020 23:30 I Like It. | I Don't Like It. | Report Abuse
its a fake digit ma'm
gmp rate is 248 to between 252 only






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