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IPO Grey Market Premium

The IPO Grey Market is an over-the-counter market where dealers may execute orders for preferred customers as well as provide support for a new issue before it is actually issued.

Grey markets (GreyMarket or GMP) work in two ways in India. It decide the premium of an IPO which is not yet listed in Stock Exchange and it also allows investors to sell there application or allocated stocks at certain premium before they list.

Company Name IPO Offer Price Grey Market Premiums Listing Strategy
SKS Microfinance Ltd 850 - 985 No trades yet
Engineers India Ltd 270 - 290 No trades yet
Midfield Industries Ltd 126 - 133 None
Fatpipe Networks India Ltd 82 - 85 No trades yet
SJVN Ltd 23 - 26 1 Exit around 28/29
Jaypee Infratech Ltd 102 - 117 Discount 2 Listing around 100 - Hold for Short term
Tara Health Foods Ltd 180 - 190 None
Mandhana Industries Ltd. 120 - 130 5 - 6 Around 135
Tarapur Transformers Ltd 65 - 75 2 - 3 Expect listing around 77
Nitesh Estates Ltd 54 - 56 Discount 2 - 4
Talwalkars Better Value Fitness Ltd 123 - 128 21 - 22 Expect listing around 145. Book profit
Goenka Diamond & Jewels Limited 135 - 145 Discount Exit if you can above your cost
Intrasoft Technologies Limited 137 - 145 None Exit if you can above your cost
Shree Ganesh Jewellery House Limited 260 - 270 None Exit above 280
Persistent Systems Ltd 290 - 310 66 - 67 Profit booking around 400
Pradip Overseas Ltd 100 - 110 4 - 6 Exit around 120-130
IL&FS Transportation Networks Ltd 242 - 258 45 - 46 Exit over 300 for and get listing gains
 
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