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Grey Market Premiums

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
Anu's Laboratories Limited 200 - 210 9 - 15
Gokul Refoils and Solvent Ltd 175 - 195 5 - 8
Aishwarya Telecom Limited 32 - 35 12 - 15 Expect Good Returns but should do profit booking
Kiri Dyes & Chemicals Limited 125 - 150 10 - 11 Difficult to maintain its offer price
Titagarh Wagons Limited 540 - 610 13 - 15 Profit booking suggested above 610
Sita Shree Food Products 27 - 30 3 - 5 May list around 34 - Profit booking suggested
Gammon Infrastructure Projects 167 - 200 Negative May not hold the offer price of 167
Rural Electrification Corporation 90 - 105 12 - 14 Above 125 - Profit booking is suggested
V-Guard Industries Ltd 80 - 85 10 - 15 Above 90 - Profit booking is suggested
GSS America Infotech Ltd 400 - 440 Negative Difficult to maintain its offer price
Globus Spirits Limited 140 - 160
SVEC Construction Limited Cancelled 5 - 8
Tulsi Extrusions Limited 80 - 85 8 - 10 Difficult to maintain its offer price.
Emaar MGF Cancelled 25 - 30
IRB Infrastructure Developers 185 - 220 12 - 14 Difficult to maintain its offer price.
Wockhardt Hospital Limited Cancelled Negative
Manjushree Extrusions Ltd 45 4 - 6 Do Profit booking over the Offer Price
 
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