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 Cello World Limited IPO?

Based on the upper price band of ₹648 and current GMP of ₹179, the estimated listing price is ₹827 (approx. 27.6% gain).

What is the expected profit per lot for Cello World Limited IPO?

With a lot size of 23 shares and current GMP of ₹179, expected profit per retail application lot is approximately ₹4,117.

IPO GreyPremiumLIVE

Grey Market Intelligence

Cello World Limited

ListedMainboard

Industrial & Financial Services · NSE / BSE

Cello World is a well-known Indian consumer product company engaged in writing instruments and stationery, molded furniture, and consumer housewares. With over 60 years of experience, the company has developed a deep understanding of consumer needs and preferences. It operates 13 manufacturing units across 5 locations in India and also plans to set up a glass manufacturing unit in Rajasthan with advanced European machinery to boost productivity and capacity. As of March 31, 2023, Cello World has 15,841 SKUs across its product portfolio and a national sales distribution team of 683 members.

Price Band

₹617 – ₹648

Issue Size

₹1900 Cr

Lot Size

23 shares

GMP

₹179

+27.6%

Est. Listing

₹827

at current GMP

Subscribed

40.86x

overall

Open

30 Oct 2023

1 Nov 2023

Allotment

2 Nov 2023

Refund

3 Nov 2023

Demat Credit

4 Nov 2023

Listing

6 Nov 2023

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Cello World Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹179+27.6%

Issue Price (Upper)

₹648

Band: ₹617 – ₹648

Estimated Listing Price

₹827

Upper price + GMP

Lot Size

23 shares

Min investment ₹14,904

Estimated Profit / Lot

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹179	27.6%	₹827
30 Oct 2026	+₹179	27.6%	₹827
29 Oct 2026	+₹161	24.9%	₹809

About Cello World Limited Public Issue & Market Profile

Cello World Limited is bringing an initial public offering (IPO) in the Industrial & Financial Services sector with an aggregate issue size of ₹1,900 Crores. The shares are offered at a price band of ₹617 to ₹648 per equity share on NSE and BSE. 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 2023-11-01, the basis of allotment is scheduled to be finalized on 2023-11-02. 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 (Link Intime India Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Cello World Limited IPO GMP today?

The latest grey market premium for Cello World Limited IPO is ₹179, which indicates an expected listing price of ₹827.

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.