IPO Grey market premium and Kostak rate may change every day. The Grey market premium rates are decided in the secondary market in India. The IPO GMP higher rates mean IPO Listing price may be open at a higher price.
IPO Grey Market Premium Live
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IPO GMP FAQ Question
- What is GMP (Grey Market Premium)?
The GMP/Grey market is a premium paid for grey market IPO shares before they are listed on the stock exchange.
Example:- If We see the example of Devyani International IPO. The price is fixed at 90 Rs Per share and the IPO Grey Market Premium(GMP) is 50, the company will be listed at 140.90 so that investors receive up to 55 percent of the profit on the day of IPO Listing day.
- Is Grey market Premium (GMP) changed every day?
Yes, the Grey market premium is changed every day based on the demand of the shares in the stock market.
- What is limit of IPO Grey market premium (GMP)?
There is no limit of IPO Grey market premium, It is based on the demand of the shares. if the stocks have good demand before listing then they might open on higher profit. The IPO stocks have weak demand on the market then they might open at a negative price.