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 Brace Port Logistics Limited IPO?

Based on the upper price band of ₹80 and current GMP of ₹116, the estimated listing price is ₹196 (approx. 145.0% gain).

What is the expected profit per lot for Brace Port Logistics Limited IPO?

With a lot size of 1600 shares and current GMP of ₹116, expected profit per retail application lot is approximately ₹1,85,600.

IPO GreyPremiumLIVE

Grey Market Intelligence

Brace Port Logistics Limited

ListedSME

Transportation & Logistics · NSE

Brace Port Logistics Limited, founded in November 2020, is a growing logistics service provider offering ocean and air freight, warehousing, special cargo handling, and customs clearance. Serving industries like medical supplies, pharmaceuticals, and electronics, the company operates globally with a strong presence in Germany, Vietnam, UAE, Hong Kong, and Bangladesh. Focused on quality and safety, Brace Port holds ISO certifications for quality management, environmental management, and occupational health and safety. With a dedicated team of 20 employees, the company continues to expand its operations and global reach.

Price Band

₹76 – ₹80

Issue Size

₹24.41 Cr

Lot Size

1600 shares

GMP

₹116

+145.0%

Est. Listing

₹196

at current GMP

Subscribed

657.87x

overall

Open

19 Aug 2024

21 Aug 2024

Allotment

22 Aug 2024

Refund

23 Aug 2024

Demat Credit

24 Aug 2024

Listing

26 Aug 2024

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Brace Port Logistics Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹116+145.0%

Issue Price (Upper)

₹80

Band: ₹76 – ₹80

Estimated Listing Price

₹196

Upper price + GMP

Lot Size

1600 shares

Min investment ₹1,28,000

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹116	145.0%	₹196
30 Oct 2026	+₹116	145.0%	₹196
29 Oct 2026	+₹104	130.5%	₹184

About Brace Port Logistics Limited Public Issue & Market Profile

Brace Port Logistics Limited is bringing an initial public offering (IPO) in the Transportation & Logistics sector with an aggregate issue size of ₹24.41 Crores. The shares are offered at a price band of ₹76 to ₹80 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 1600 shares (approx. ₹1,28,000 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 Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-08-24, while un-allotted funds or UPI block mandates will be released on 2024-08-23.

Frequently Asked Questions

What is Brace Port Logistics Limited IPO GMP today?

The latest grey market premium for Brace Port Logistics Limited IPO is ₹116, which indicates an expected listing price of ₹196.

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.