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 Bondada Engineering Limited IPO?

Based on the upper price band of ₹75 and current GMP of ₹60, the estimated listing price is ₹135 (approx. 80.0% gain).

What is the expected profit per lot for Bondada Engineering Limited IPO?

With a lot size of 1600 shares and current GMP of ₹60, expected profit per retail application lot is approximately ₹96,000.

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Grey Market Intelligence

Bondada Engineering Limited

ListedSME

nfrastructure & Construction · BSE

Incorporated in 2012, Bondada Engineering Limited provides engineering, procurement, and construction (EPC) as well as operations and maintenance (O&M) services for the telecom and solar energy sectors. The company offers passive telecom infrastructure services, including cell site construction, tower erection, maintenance, supply of poles and towers, laying and maintenance of optical fiber cables, and power equipment provision. Bondada has installed over 11,600 telecom towers and poles, including 7,700 in the last three fiscal years. Its O&M services cover preventive and corrective maintenance, backup power systems, and optical fiber surveillance. The company’s manufacturing facility in Keesara Mandal, Telangana has an installation capacity of ~12,000 MTPA.

Price Band

₹75

Issue Size

₹42.72 Cr

Lot Size

1600 shares

GMP

₹60

+80.0%

Est. Listing

₹135

at current GMP

Subscribed

112.33x

overall

Open

18 Aug 2023

22 Aug 2023

Allotment

25 Aug 2023

Refund

26 Aug 2023

Demat Credit

27 Aug 2023

Listing

30 Aug 2023

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Bondada Engineering Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹60+80.0%

Issue Price (Upper)

₹75

Band: ₹75

Estimated Listing Price

₹135

Upper price + GMP

Lot Size

1600 shares

Min investment ₹1,20,000

Estimated Profit / Lot

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹60	80.0%	₹135
30 Oct 2026	+₹60	80.0%	₹135
29 Oct 2026	+₹54	72.0%	₹129

About Bondada Engineering Limited Public Issue & Market Profile

Bondada Engineering Limited is bringing an initial public offering (IPO) in the nfrastructure & Construction sector with an aggregate issue size of ₹42.72 Crores. The shares are offered at a price band of ₹75 to ₹75 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Public Issue & Pricing Context:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1600 shares (approx. ₹1,20,000 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 Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-08-27, while un-allotted funds or UPI block mandates will be released on 2023-08-26.

Frequently Asked Questions

What is Bondada Engineering Limited IPO GMP today?

The latest grey market premium for Bondada Engineering Limited IPO is ₹60, which indicates an expected listing price of ₹135.

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.