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 DAPS Advertising Limited IPO?

Based on the upper price band of ₹30 and current GMP of ₹18, the estimated listing price is ₹48 (approx. 60.0% gain).

What is the expected profit per lot for DAPS Advertising Limited IPO?

With a lot size of 4000 shares and current GMP of ₹18, expected profit per retail application lot is approximately ₹72,000.

IPO GreyPremiumLIVE

Grey Market Intelligence

DAPS Advertising Limited

ListedSME

Services · BSE

Incorporated in 1999, Daps Advertising Limited provides comprehensive advertising agency services across print, electronic, and outdoor media, covering newspapers, brochures, magazines, television and FM channels, as well as outdoor hoardings. The company serves a diverse clientele across industries such as construction, education, electronics, automobiles, FMCG, jewellery, apparel, insurance, housing, healthcare, financial services, aviation, and various government organizations. For the period ended September 30, 2022, and the financial years 2021–2022, 2020–2021, and 2019–2020, the company reported revenue from operations of ₹1,458.33 lakh, ₹1,868.31 lakh, ₹785.58 lakh, and ₹2,022.70 lakh, respectively.

Price Band

₹30

Issue Size

₹5.10 Cr

Lot Size

4000 shares

GMP

₹18

+60.0%

Est. Listing

₹48

at current GMP

Subscribed

65.93x

overall

Open

31 Oct 2022

3 Nov 2022

Allotment

9 Nov 2022

Refund

10 Nov 2022

Demat Credit

11 Nov 2022

Listing

14 Nov 2022

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

DAPS Advertising Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹18+60.0%

Issue Price (Upper)

₹30

Band: ₹30

Estimated Listing Price

₹48

Upper price + GMP

Lot Size

4000 shares

Min investment ₹1,20,000

Estimated Profit / Lot

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹18	60.0%	₹48
30 Oct 2026	+₹18	60.0%	₹48
29 Oct 2026	+₹16	54.0%	₹46

About DAPS Advertising Limited Public Issue & Market Profile

DAPS Advertising Limited is bringing an initial public offering (IPO) in the Services sector with an aggregate issue size of ₹5.1 Crores. The shares are offered at a price band of ₹30 to ₹30 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Public Issue & Pricing Context:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 4000 shares (approx. ₹1,20,000 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 Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2022-11-11, while un-allotted funds or UPI block mandates will be released on 2022-11-10.

Frequently Asked Questions

What is DAPS Advertising Limited IPO GMP today?

The latest grey market premium for DAPS Advertising Limited IPO is ₹18, which indicates an expected listing price of ₹48.

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.