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 Delta Autocorp Limited IPO?

Based on the upper price band of ₹130 and current GMP of ₹105, the estimated listing price is ₹235 (approx. 80.8% gain).

What is the expected profit per lot for Delta Autocorp Limited IPO?

With a lot size of 1000 shares and current GMP of ₹105, expected profit per retail application lot is approximately ₹1,05,000.

IPO GreyPremiumLIVE

Grey Market Intelligence

Delta Autocorp Limited

ListedSME

Consumer Discretionary / Automotive · NSE

Delta Autocorp Limited, established in 2016, is a company that makes and sells electric 2-wheelers and 3-wheelers, meeting the growing demand for EVs in India. Starting with electric 3-wheelers, the company launched its first E-Rickshaw in 2017, offering an impressive range of over 150 km. In 2019, Delta expanded to electric 2-wheelers, introducing affordable and durable scooters designed for smaller cities and towns. With a strong network of 250+ dealers across 24 states and Union Territories, the company focuses on providing cost-effective and reliable products for businesses. As of January 31, 2024, Delta Autocorp has 141 employees and is working towards becoming a global leader in the EV industry.

Price Band

₹123 – ₹130

Issue Size

₹54.60 Cr

Lot Size

1000 shares

GMP

₹105

+80.8%

Est. Listing

₹235

at current GMP

Subscribed

309.00x

overall

Open

7 Jan 2025

9 Jan 2025

Allotment

10 Jan 2025

Refund

11 Jan 2025

Demat Credit

12 Jan 2025

Listing

14 Jan 2025

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Delta Autocorp Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹105+80.8%

Issue Price (Upper)

₹130

Band: ₹123 – ₹130

Estimated Listing Price

₹235

Upper price + GMP

Lot Size

1000 shares

Min investment ₹1,30,000

Estimated Profit / Lot

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹105	80.8%	₹235
30 Oct 2026	+₹105	80.8%	₹235
29 Oct 2026	+₹95	72.7%	₹225

About Delta Autocorp Limited Public Issue & Market Profile

Delta Autocorp Limited is bringing an initial public offering (IPO) in the Consumer Discretionary / Automotive sector with an aggregate issue size of ₹54.6 Crores. The shares are offered at a price band of ₹123 to ₹130 per equity share on NSE. 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 1000 shares (approx. ₹1,30,000 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 2025-01-12, while un-allotted funds or UPI block mandates will be released on 2025-01-11.

Frequently Asked Questions

What is Delta Autocorp Limited IPO GMP today?

The latest grey market premium for Delta Autocorp Limited IPO is ₹105, which indicates an expected listing price of ₹235.

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.