What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the estimated listing price for Addictive Learning Technology Limited IPO?

Based on the upper price band of ₹140 and current GMP of ₹175, the estimated listing price is ₹315 (approx. 125.0% gain).

What is the expected profit per lot for Addictive Learning Technology Limited IPO?

With a lot size of 1000 shares and current GMP of ₹175, expected profit per retail application lot is approximately ₹1,75,000.

IPO GreyPremiumLIVE

Grey Market Intelligence

Addictive Learning Technology Limited

ListedSME

Emerging SME Services · NSE

Incorporated in September 2017, Addictive Learning Technology Limited is an educational technology platform that provides upskilling and career services primarily for senior and mid-career professionals, with some programs also catering to young professionals. Operating under three brands—LawSikho, Skill Arbitrage, and Dataisgood—the company offers courses in Law, Finance, Compliance, Human Resources, Business Consulting, AI, Content Writing, and Data Science. It also provides international bar exam training for Indian lawyers aspiring to practice in Canada, the UK, and the US. Accredited by the National Skill Development Corporation (NSDC), its courses award co-branded certificates with NSDC and Skill India. As of October 2023, the company employs 145 full-time staff and engages 444 full-time professionals/consultants.

Price Band

₹133 – ₹140

Issue Size

₹60.16 Cr

Lot Size

1000 shares

GMP

₹175

+125.0%

Est. Listing

₹315

at current GMP

Subscribed

273.23x

overall

Open

19 Jan 2024

24 Jan 2024

Allotment

25 Jan 2024

Refund

26 Jan 2024

Demat Credit

27 Jan 2024

Listing

30 Jan 2024

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Addictive Learning Technology Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹175+125.0%

Issue Price (Upper)

₹140

Band: ₹133 – ₹140

Estimated Listing Price

₹315

Upper price + GMP

Lot Size

1000 shares

Min investment ₹1,40,000

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹175	125.0%	₹315
30 Oct 2026	+₹175	125.0%	₹315
29 Oct 2026	+₹158	112.5%	₹298

About Addictive Learning Technology Limited Public Issue & Market Profile

Addictive Learning Technology Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹60.16 Crores. The shares are offered at a price band of ₹133 to ₹140 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.

Public Issue & Pricing Context:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1000 shares (approx. ₹1,40,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Basis of Allotment & Listing Timeline:

Allotment reconciliation will be managed by Maashitla Securities Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-01-27, while un-allotted funds or UPI block mandates will be released on 2024-01-26.

Frequently Asked Questions

What is Addictive Learning Technology Limited IPO GMP today?

The latest grey market premium for Addictive Learning Technology Limited IPO is ₹175, which indicates an expected listing price of ₹315.

What does Kostak Rate and Sauda mean in IPO GMP?

Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.

Is Grey Market Premium officially recognized?

No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.