SME IPO Grey Market Premium

List of recent SME IPOs with GMP and Kostak. Please refer these to decide whether to invest in these SME IPOs or not.

SME IPO Details
SME IPO Name SME IPO Date SME IPO Issue Price SME IPO Lot Size SME IPO Issue Size
(in crores)
SME IPO GMP SME IPO Kostak
Price
Gretex Corporate 27 Jul 2021 - 30 Jul 2021 170 800 5.13
Rex Pipes and Cables 28 Jul 2021 - 02 Aug 2021 26 4000 6.24
NPST 28 Jul 2021 - 02 Aug 2021 76-80 1600 13.70
Focus Business Solution 30 Jun 2021 - 05 Jul 2021 19 6000 1.22
Walpar Nutritions 30 Jun 2021 - 05 Jul 2021 55 2000 6.60
AA Plus 08 Jul 2021 - 13 Jul 2021 18 8000 6.48
Abhishek Integrations 08 Jun 2021 - 11 Jun 2021 50 3000 4.95
Navoday Enterprises 14 Jun 2021 - 17 Jun 2021 20 6000 4.61
Adeshwar Meditex 15 Jun 2021 - 18 Jun 2021 25 6000 9.75
Times Green Energy 16 Jun 2021 - 22 Jun 2021 61 2000 4.05
Kuberan Global 20 Apr 2021 - 27 Apr 2021 20 6000 1.12
V-Marc 25 Mar 2021 - 31 Mar 2021 37-39 3000 23.40
Jetmall 31 Mar 2021 - 07 Apr 2021 20 6000 4.98
Siddhika Coatings 24 Mar 2021 - 26 Mar 2021 57 2000 4.70
Rajeshwari Cans 31 Mar 2021 - 06 Apr 2021 20 6000 4.03
EKI Energy 24 Mar 2021 - 26 Mar 2021
Rangoli Tradecomm 09 Mar 2021 - 12 Mar 2021 207 600 10.12
NIKS Technology 19 Mar 2021 - 23 Mar 2021 201 600 2.01
KMEW 09 Mar 2021 - 12 Mar 2021 37 3000 10.12
Ashapuri Gold 03 Mar 2021 - 08 Mar 2021 81 1600 30.02
ADJIA Technologies 02 Mar 2021 - 04 Mar 2021 74 1600 2.0
Pavna Industries 24 Feb 2021 - 01 Mar 2021 165 800 29.70
Party Cruisers 22 Feb 2021 - 25 Feb 2021 51 2000 7.75
MRP Agro 08 Feb 2021 - 10 Feb 2021 40 3000 3.24
Net Pix Shorts 18/11 - 23/11 30 4000 2.70
Shine Fashions 22/10 - 26/10 40 3000 1.60
Bodhi Tree Multimedia 09/10 - 13/10 95 1200 3.71
G M Polyplast 30/09 - 06/10 160 800 8.1
Veer Global 30/09 - 09/10 28 4000 4.92
Sigma Solve 29/09 - 09/10 45 3000 4.95
AAA Technologies 30/09 - 05/10 42 3000 10.23
Atal Realtech 30/09 - 07/10 72 10.83
Advait Infratech 15/09 - 18/09 51 2000 6.89
SecMark Consultancy 18/09 - 23/09 135 1000 15.04
Atam Valves 18/09 - 25/09 40 3000 4.5
Trekkingtoes.com(Hippo Cabs) 18/08 - 20/08 105 1200 4.54
Suratwwala Business 03/08 - 05/08 15 8000 6.90
Bonlon Industries 30/06 - 03/07 28 4000 10.52
Ksolves India 23/06 - 26/06 100 1200 4.02
Billwin Industries 18/06 - 22/06 37 3000 2.46
Nirmitee Robotics 31/03 - 09/04 185 600 3.24
DJ Mediaprint 26/03 - 31/03 20 6000 2.40
Laxmi Goldorna 20/03 - 26/03 15 8000 8.28
Cospower Engineering 17/03 - 19/03 51 2000 2.04
RO Jewels 12/03 - 17/03 36 3000 4.91
SM Auto Stamping 03/03 - 05/03 18 8000 6.91
Chandra Bhagat 31/01 - 06/02 51 2000 10.20
ICL Dairy 31/01 - 04/02 20 6000 4.08
Tranway Technologies 27/01 - 29/01 4.24
Janus Corporation 27/01 - 30/01 50 3000 8.00
HindPrakash Industries 15/01 - 17/01 40 3000 11.52
Gian Life Care 31/12 - 03/01 22 6000 3.12
Vaxtex Cotfab 27/12 - 03/01 24 6000 3.83
Valencia 23/12 - 27/12 46 3000 7.23
DC Infotech 12/12 - 18/12 45 3000 10.80
Ascom Leasing 26/11 - 28/11 30 4000 6.32
Mangalam Global 15/11 - 20/11 51 2000 21.57
Anuroop Packaging 08/11 - 13/11 13 10000 2.64
Sona Hi Sona 30/09 - 04/10 10 10000 4.50
Goblin 30/09 - 04/10 51 - 52 2000 15.20
Tutorials Point 30/09 - 04/10 60 - 64 2000 20.10
Gensol Engineering 30/09 - 04/10 81 - 83 1600 17.93
Steel City 06/02 - 09/02 55 2000 26.99
Madhav Copper 23/01 - 27/01 81 1600 4.48
Super Fine Knitters 18/01 - 24/01 12 4.08
Maheshwari Logistics 30/12 - 06/01 68 2000 27.17
Prolife Industries 27/12 - 30/12 38 3000 4.22

SME IPO grey market - What you need to know

SME ipo means small and medium enterprises initial public offering. In 2017 lots of SME ipos came up and gave superb returns to the investors. Its time for SME IPOs to give best returns in 2018. The SME IPOs comes up in BSE and NSE individually. One SME company can list in either in BSE or in NSE platform. The small and medium scale companies who need funds to expand their business they can come up with offer for sale via BSE SME or NSE SME. There are few small names which can be a bigger ones and SME provides the platform for these companies.

SME IPOs have garnered strong interest from investors in recent years. This is visible in the huge subscription levels as well as the quality of participation. Now, even institutional investors are becoming interested in SME offers.

Check our SME IPOs section to get up to date information about the past, current and future offers. In addition, you can make use of basic valuation metrics such as Earnings Per Share (EPS), Price by Earnings (P/E) ratio, Return on Net Worth (RONW), and Net Asset Value (NAV). The platform also offers a lively discussion forum where readers can get the latest details of Grey Market Premium (GMP) of SME IPOs. Although grey market is an informal setup and not recognized by stock exchanges, grey market premium of several IPOs has correctly predicted eventual listing prices.

The transaction in this market is normally between parties who know each other very well. They trade in scrips unofficially and settle accounts outside of the stock exchanges once the allotments by the companies are decided.

Normally, third parties are not part of such trading.

However, a third party is entertained only if he is introduced through a person known in the circuit.

Two parties agree to settle the trade at a price on the day of listing through the stock market mechanism and the difference is settled through cash, explained broking industry sources.

A robust secondary market has aided this trend and players in this segment are doing brisk business across centres. Ahmedabad is the most active grey market centre while Kolkata, Delhi and Mumbai are also some of the centres where grey market for IPOs is alive and kicking.

A dealer with a brokerage house said, The future of the grey market for the IPOs is linked with the robustness of the secondary market. Till the time the cash market is in the pink of health, this grey market will flourish and the moment a downturn is signalled in the cash market, the grey market downturn will be faster than that of the cash market. In such an event, the premium market will disappear altogether.

SME IPO grey market - Glossary

  1. IPO

    IPO is an initial public offering (IPO) is the first time that the stock of a private company is offered to the public. IPOs are often issued by smaller, younger companies seeking capital to expand, but they can also be done by large privately owned companies looking to become publicly traded.

  2. SME IPO

    An SME exchange is a dedicated exchange or a trading platform for Small and Medium Enterprises. In India, an SME exchange functions within a recognized stock exchange or the main exchange such as the BSE Limited and the National Stock Exchange of India.May 19, 2018

  3. SME IPO Grey Market

    A grey market (sometimes called a parallel market, but this can also mean other things; not to be confused with a blackmarket or a grey economy) is the trade of a commodity through distribution channels that are legal but unintended by the original manufacturer.

  4. SME IPO Grey Market GMP

    GMP is Grey market premium (or grey market price) is a premium amount in rupees at which IPO shares are being traded in Grey Market before they get listed in stock exchange. Grey market premium can be in positive or in negative based on demand and supply of the stock. Grey Market Premiums are also attached with words 'Buyer' or 'Seller'. They tell the price either at which buyers are willing to buy shares or the price at which sellers are willing to sell their IPO shares.

  5. Kostak

    Kostak (or price of application) is the premium amount in rupees at which IPO applications are being traded in IPO Grey Market. Usually 'Kostak' value is defined as the premium of a maximum lot retail application in an IPO. Kostak price is important mostly before issue is close for subscription and final bidding status is available to the IPO investors. Very few IPOs applications are traded after final bidding status is available to the investors. 'Kostak' is especially for people who do not want to take risk with IPO allotment or listing gains.

  6. Basis of IPO allotment

    In August 2012 SEBI has made regressive changes in the allotment procedures. As per these changes, every retail applicant will get a certain number of shares, though it is subject to the availability. It clearly means that retail investors are now assured to get minimum number of shares at a decided ratio irrespective of the lots they have applied, subject to availability. However remaining shares will be allotted proportionately. Current procedure is quite encouraging for retail investors as now they have assurance of getting shares in IPO. As per this practice every investor has equal probability of getting shares in an IPO irrespective of the lots he applied in an oversubscribed issue. Even if he applied for minimum permissible lot he may get minimum number of stocks allotted to shareholders. In fact retail investors who apply for smaller lots may have a better chance of getting more number of shares than the investors who applies for maximum amount permissible.