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 Ceigall India Limited IPO?

Based on the upper price band of ₹401 and current GMP of ₹17.5, the estimated listing price is ₹418.5 (approx. 4.4% gain).

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

With a lot size of 37 shares and current GMP of ₹17.5, expected profit per retail application lot is approximately ₹647.5.

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Grey Market Intelligence

Ceigall India Limited

ListedMainboard

Infrastructure / Construction · NSE / BSE

Ceigall India Limited, founded in 2002, is a leading infrastructure construction company specializing in roads, highways, bridges, tunnels, and runways. By July 2024, it had completed over 34 projects and was actively working on 18 more across multiple states in India. The company has delivered significant projects, including expressways, metro corridors, and multi-lane highways, earning prestigious awards like the "Gold Award" at the National Highways Excellence Awards. With an order book of ₹94,708.42 million and a workforce of 2,256 employees, Ceigall India continues to drive large-scale infrastructure development nationwide.

Price Band

₹380 – ₹401

Issue Size

₹1253 Cr

Lot Size

37 shares

GMP

₹17.5

+4.4%

Est. Listing

₹418.5

at current GMP

Subscribed

14.05x

overall

Open

1 Aug 2024

5 Aug 2024

Allotment

6 Aug 2024

Refund

7 Aug 2024

Demat Credit

8 Aug 2024

Listing

8 Aug 2024

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Ceigall India Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹17.5+4.4%

Issue Price (Upper)

₹401

Band: ₹380 – ₹401

Estimated Listing Price

₹418.5

Upper price + GMP

Lot Size

37 shares

Min investment ₹14,837

Estimated Profit / Lot

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹17.5	4.4%	₹418.5
30 Oct 2026	+₹17.5	4.4%	₹418.5
29 Oct 2026	+₹16	3.9%	₹417

About Ceigall India Limited Public Issue & Market Profile

Ceigall India Limited is bringing an initial public offering (IPO) in the Infrastructure / Construction sector with an aggregate issue size of ₹1,252.66 Crores. The shares are offered at a price band of ₹380 to ₹401 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 37 shares (approx. ₹14,837 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 2024-08-08, while un-allotted funds or UPI block mandates will be released on 2024-08-07.

Frequently Asked Questions

What is Ceigall India Limited IPO GMP today?

The latest grey market premium for Ceigall India Limited IPO is ₹17.5, which indicates an expected listing price of ₹418.5.

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.