Check out the Latest Suraj Estate Developers Limited IPO GMP price aka Grey Market Premium, Kostak rates, and Subject to Sauda rates as of today.
Table of Contents
Suraj Estate Developers Limited IPO is open for subscription on December 13, 2023 and will close on December 15, 2023. The company is to raise ₹1200 crores via IPO. The IPO price band is fixed at ₹[.] Per Equity Share. The Suraj Estate Developers Limited IPO is to be listed on BSE and NSE.
What is Suraj Estate Developers Limited IPO GMP Price Today?
The Suraj Estate Developers Limited IPO GMP Price aka Grey Market Premium is ₹ 65 as of Today.
What is Suraj Estate Developers Limited IPO Kostak Rates Today?
The Suraj Estate Developers Limited IPO Kostak Rate is ₹-.
What is Suraj Estate Developers Limited IPO Subject to Sauda Price Today?
The Suraj Estate Developers Limited IPO subject to sauda rates is ₹ 2000
What is Suraj Estate Developers Limited IPO Expected Returns?
The Suraj Estate Developers Limited IPO expected return is 18.06%.
DOMS IPO GMP Live Rates Day by day with Kotak rates.
| Date | IPO Price | GMP | Subject to | Expected Listing Price |
|---|---|---|---|---|
| 15 December | ₹ 360 | ₹ 55 | ₹ 1700 | ₹ 415 (15.28%) |
| 14 December | ₹ 360 | ₹ 65 | ₹ 2000 | ₹ 425 (18.06%) |
| 13 December | ₹ 360 | ₹ 55 | ₹ 1700 | ₹ 415 (15.28%) |
| 12 December | ₹ 360 | ₹- | ₹- | ₹- |
What is Grey Market Premium (GMP)?
The grey market premium (GMP) in the context of an Initial Public Offering (IPO) refers to the difference between the unofficial market price of the shares and the IPO price. The grey market is an informal over-the-counter market where trading of shares takes place before they are officially listed on a stock exchange. This trading occurs among investors and brokers, and it is not regulated by stock exchanges or securities regulators. A positive GMP indicates demand at a higher price than the IPO. It serves as an informal indicator of market sentiment and demand but lacks regulatory oversight. Investors should approach GMP with caution, considering it may not accurately reflect actual market conditions post-listing.
What is Kostak Rate?
The Kostak rate is the amount that one buyer pays to the seller of an IPO application before the IPO listing. As the grey market reacts, the Kostak rates also react the same way. One can buy and sell their full IPO application on Kostak rates outside the market and fix their profit. The buyer must pay the Kostak rates for application, whether the investor gets the IPO allotment or not.
What is Subject to Sauda in IPO Grey Market?
“Subject to Sauda” on an IPO application is the agreed-upon amount when investors receive allotment for their IPO shares. Buying or selling the IPO application subject to sauda implies that the specified amount can be obtained upon allotment; otherwise, the sauda arrangement will be canceled. Profit cannot be fixed, as it depends on the share allotment in IPO application.
Dislcaimer:
- IPO Grey Market Premium mention is valid for the specific date as mentioned in the header.
- We are not buying and selling IPO forms on IPO Grey Market.
- Do not subscribe for IPO by just seeing the premium Price as it may change any time before listing. Subscribe only considering the fundamentals of the companies.