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 C P S Shapers Limited IPO?

Based on the upper price band of ₹185 and current GMP of ₹200, the estimated listing price is ₹385 (approx. 108.1% gain).

What is the expected profit per lot for C P S Shapers Limited IPO?

With a lot size of 600 shares and current GMP of ₹200, expected profit per retail application lot is approximately ₹1,20,000.

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Grey Market Intelligence

C P S Shapers Limited

ListedSME

Textiles & Apparel · NSE

Incorporated in 2012, C P S Shapers Limited manufactures shapewear products for men and women. The company sells its products under two brands — “Dermawear” and “YDIS (Your Dress Is Shapewear)” — through both online and offline channels. Its product range includes saree shapewear, tummy reducers, sports bras, mini shapers, slimmer jeans, active pants, and other shapewear items. C P S Shapers has a PAN-India presence with distributors across 28 states and 8 Union Territories, and also exports to Canada, Germany, Australia, the UK, and the USA. The company’s manufacturing unit is based in Meerut (Uttar Pradesh) with warehousing facilities in Palghar (Maharashtra) and Tiruppur (Tamil Nadu).

Price Band

₹185

Issue Size

₹11.10 Cr

Lot Size

600 shares

GMP

₹200

+108.1%

Est. Listing

₹385

at current GMP

Subscribed

245.28x

overall

Open

29 Aug 2023

31 Aug 2023

Allotment

4 Sep 2023

Refund

5 Sep 2023

Demat Credit

6 Sep 2023

Listing

8 Sep 2023

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

C P S Shapers Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹200+108.1%

Issue Price (Upper)

₹185

Band: ₹185

Estimated Listing Price

₹385

Upper price + GMP

Lot Size

600 shares

Min investment ₹1,11,000

Estimated Profit / Lot

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹200	108.1%	₹385
30 Oct 2026	+₹200	108.1%	₹385
29 Oct 2026	+₹180	97.3%	₹365

About C P S Shapers Limited Public Issue & Market Profile

C P S Shapers Limited is bringing an initial public offering (IPO) in the Textiles & Apparel sector with an aggregate issue size of ₹11.1 Crores. The shares are offered at a price band of ₹185 to ₹185 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.

Public Issue & Pricing Context:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Basis of Allotment & Listing Timeline:

Following the close of bidding on 2023-08-31, the basis of allotment is scheduled to be finalized on 2023-09-04. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Pvt Ltd) or the BSE allotment checking window.

Frequently Asked Questions

What is C P S Shapers Limited IPO GMP today?

The latest grey market premium for C P S Shapers Limited IPO is ₹200, which indicates an expected listing price of ₹385.

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.