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 Burger King India Limited IPO?

Based on the upper price band of ₹60 and current GMP of ₹43, the estimated listing price is ₹103 (approx. 71.7% gain).

What is the expected profit per lot for Burger King India Limited IPO?

With a lot size of 250 shares and current GMP of ₹43, expected profit per retail application lot is approximately ₹10,750.

IPO GreyPremiumLIVE

Grey Market Intelligence

Burger King India Limited

ListedMainboard

Consumer Discretionary · NSE / BSE

Burger King is one of India's fastest-growing quick-service restaurant chains and the second-largest fast-food burger brand in the country. It operates 216 Burger King restaurants along with 8 sub-franchised outlets. The company holds exclusive rights to establish, develop, and operate Burger King restaurants in India. To cater to Indian tastes and preferences, it continuously expands its menu with new offerings. Burger King strategically opens its outlets in high-traffic areas across key metropolitan cities to maximize reach and accessibility.

Price Band

₹59 – ₹60

Issue Size

₹810 Cr

Lot Size

250 shares

GMP

₹43

+71.7%

Est. Listing

₹103

at current GMP

Subscribed

—

Open

2 Dec 2020

4 Dec 2020

Allotment

10 Dec 2020

Refund

11 Dec 2020

Demat Credit

12 Dec 2020

Listing

14 Dec 2020

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Burger King India Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹43+71.7%

Issue Price (Upper)

₹60

Band: ₹59 – ₹60

Estimated Listing Price

₹103

Upper price + GMP

Lot Size

250 shares

Min investment ₹15,000

Estimated Profit / Lot

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹43	71.7%	₹103
30 Oct 2026	+₹43	71.7%	₹103
29 Oct 2026	+₹39	64.5%	₹99

About Burger King India Limited Public Issue & Market Profile

Burger King India Limited is bringing an initial public offering (IPO) in the Consumer Discretionary sector with an aggregate issue size of ₹810 Crores. The shares are offered at a price band of ₹59 to ₹60 per equity share on NSE and 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 250 shares (approx. ₹15,000 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 2020-12-12, while un-allotted funds or UPI block mandates will be released on 2020-12-11.

Frequently Asked Questions

What is Burger King India Limited IPO GMP today?

The latest grey market premium for Burger King India Limited IPO is ₹43, which indicates an expected listing price of ₹103.

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.