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 Afcom Holdings Limited IPO?

Based on the upper price band of ₹108 and current GMP of ₹80, the estimated listing price is ₹188 (approx. 74.1% gain).

What is the expected profit per lot for Afcom Holdings Limited IPO?

With a lot size of 1200 shares and current GMP of ₹80, expected profit per retail application lot is approximately ₹96,000.

IPO GreyPremiumLIVE

Grey Market Intelligence

Afcom Holdings Limited

ListedSME

Capital Goods / Infrastructure · BSE

Afcom Holdings Limited, founded in February 2013, specializes in airport-to-airport cargo transportation and has established General Sales and Service Agents (GSSAs) across India, Hong Kong, Singapore, Thailand, Japan, South Korea, China, and Taiwan. The company focuses on cargo flights to ASEAN countries, particularly Singapore, Indonesia, and Brunei. Afcom collaborates with Air Logistics Group for far-eastern operations and Taylor Logistics Private Limited in India. As of February 2024, the company employs 47 people, including 21 crew members, ensuring smooth cargo operations across its key markets.

Price Band

₹102 – ₹108

Issue Size

₹73.83 Cr

Lot Size

1200 shares

GMP

₹80

+74.1%

Est. Listing

₹188

at current GMP

Subscribed

303.11x

overall

Open

2 Aug 2024

6 Aug 2024

Allotment

7 Aug 2024

Refund

8 Aug 2024

Demat Credit

9 Aug 2024

Listing

9 Aug 2024

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Afcom Holdings Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹80+74.1%

Issue Price (Upper)

₹108

Band: ₹102 – ₹108

Estimated Listing Price

₹188

Upper price + GMP

Lot Size

1200 shares

Min investment ₹1,29,600

Estimated Profit / Lot

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹80	74.1%	₹188
30 Oct 2026	+₹80	74.1%	₹188
29 Oct 2026	+₹72	66.7%	₹180

About Afcom Holdings Limited Public Issue & Market Profile

Afcom Holdings Limited is bringing an initial public offering (IPO) in the Capital Goods / Infrastructure sector with an aggregate issue size of ₹73.83 Crores. The shares are offered at a price band of ₹102 to ₹108 per equity share on BSE. 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 1200 shares (approx. ₹1,29,600 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 Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-08-09, while un-allotted funds or UPI block mandates will be released on 2024-08-08.

Frequently Asked Questions

What is Afcom Holdings Limited IPO GMP today?

The latest grey market premium for Afcom Holdings Limited IPO is ₹80, which indicates an expected listing price of ₹188.

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.